Lynchburg City County, VA Real Estate & Property Data

Lynchburg City County Real Estate Market Trends
Last Updated: April 27, 2024

With up-to-date real estate data get detailed insight into Lynchburg City County, VA sourced from the nation’s leading property data provider. The current median home price in Lynchburg City County, VA is $225,000. Lynchburg City County real estate data shows that there have been a total of 1,548 residential properties sold over the past 12 months.

Lynchburg City County Real Estate Market Trends
Total Residential Properties 23,172
Total Commercial Properties 2,685
Avg. Home Age (Single Family Home) 65 Years
Avg. Square Feet (Single Family Home) 1,595
Total 2024 Residential Sales (year-to-date) 220
% of Homes Seriously Underwater (Q2 2024) 2.19%
Total 2023 Residential Sales 1,405
% of Equity Rich Homes (Q2 2024) 28.49%
Effective 2023 Property Tax 0.63%
Total Foreclosure Filings (year-to-date) 3
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Lynchburg City County, VA Real Estate Overview

There were 1,548 residential properties sold in the past year in Lynchburg City County, VA. The median home value in Lynchburg City County, VA is $216,144. There are a total of 23,172 residential properties in the Lynchburg City.

Median Sales Price i
$225,000
(Feb 2024)
+21.7%
year-over-year
y-o-y
  • February '24 Feb '24 $225,000
  • January '24 Jan '24 $248,500
  • December '23 Dec '23 $240,000
  • November '23 Nov '23 $242,500
  • October '23 Oct '23 $228,500
  • September '23 Sep '23 $233,450
  • August '23 Aug '23 $245,000
  • July '23 Jul '23 $245,000
  • June '23 Jun '23 $250,000
  • May '23 May '23 $235,000
  • April '23 Apr '23 $224,000
  • March '23 Mar '23 $225,000
Median Down Payment i
$36,495
(Feb 2024)
+37.1%
year-over-year
y-o-y
  • February '24 Feb '24 $36,495
  • January '24 Jan '24 $36,793
  • December '23 Dec '23 $27,000
  • November '23 Nov '23 $26,250
  • October '23 Oct '23 $22,400
  • September '23 Sep '23 $20,000
  • August '23 Aug '23 $27,745
  • July '23 Jul '23 $15,721
  • June '23 Jun '23 $42,000
  • May '23 May '23 $22,445
  • April '23 Apr '23 $19,325
  • March '23 Mar '23 $26,500
Number of Homes Sold i
122
(Feb 2024)
+29.8%
year-over-year
y-o-y
  • February '24 Feb '24 122
  • January '24 Jan '24 98
  • December '23 Dec '23 114
  • November '23 Nov '23 92
  • October '23 Oct '23 119
  • September '23 Sep '23 99
  • August '23 Aug '23 127
  • July '23 Jul '23 128
  • June '23 Jun '23 147
  • May '23 May '23 161
  • April '23 Apr '23 107
  • March '23 Mar '23 140
Number of Purchase Loans i
78
(Feb 2024)
+13%
year-over-year
y-o-y
  • February '24 Feb '24 78
  • January '24 Jan '24 48
  • December '23 Dec '23 75
  • November '23 Nov '23 58
  • October '23 Oct '23 86
  • September '23 Sep '23 67
  • August '23 Aug '23 78
  • July '23 Jul '23 90
  • June '23 Jun '23 98
  • May '23 May '23 105
  • April '23 Apr '23 73
  • March '23 Mar '23 89
Number of REFI Loans i
35
(Feb 2024)
+288.9%
year-over-year
y-o-y
  • February '24 Feb '24 35
  • January '24 Jan '24 32
  • December '23 Dec '23 34
  • November '23 Nov '23 26
  • October '23 Oct '23 32
  • September '23 Sep '23 39
  • August '23 Aug '23 33
  • July '23 Jul '23 11
  • June '23 Jun '23 14
  • May '23 May '23 30
  • April '23 Apr '23 32
  • March '23 Mar '23 47
Number of HELOC Loans i
21
(Feb 2024)
-70.8%
year-over-year
y-o-y
  • February '24 Feb '24 21
  • January '24 Jan '24 20
  • December '23 Dec '23 30
  • November '23 Nov '23 21
  • October '23 Oct '23 25
  • September '23 Sep '23 24
  • August '23 Aug '23 56
  • July '23 Jul '23 111
  • June '23 Jun '23 109
  • May '23 May '23 86
  • April '23 Apr '23 39
  • March '23 Mar '23 27

Lynchburg City County, VA Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value

Lynchburg City County, VA Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 3
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 5
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 3
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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