Market Intelligence · VA / Lynchburg

Lynchburg, VA 24501 Housing Market

The typical home value in Lynchburg, VA 24501 is $193,744, down 1.1% over the past year as of September 2026. The median list price is $226,325, and homes spend a median of 45 days on market.

Updated September 2026Median value$194K

The median home value in Lynchburg, VA 24501 is $194K as of September 2026, down 1.1% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

Sell without the wait

Sell your Lynchburg home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 24501 range

$178K to $209K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

Not sure cash is the right move? Discuss your options with a licensed local pro, free.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 24501 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Lynchburg, VA.

12-month value trend

-1.1% over 12 months

Sep 2025$196K

Low $193KHigh $196K

Sep 2026$194K

The numbers

What is the 24501 housing market like?

As of September 2026

Typical home value

$194K

1.1%YoY

Median list price

$226K

1.1%MoM

Days on market

4.3%MoM

Homes for sale

101

4.1%MoM

Price cuts

23.6%

20.0%MoM

New listings

20.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

24501 housing market forecast 2027

+2.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 24501 to rise 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in 24501 fell 1.1%, per the Zillow Home Value Index.

Will home prices drop in 24501?

Zillow's forecast does not call for a drop: it expects typical home values in 24501 to rise 2.4% by September 2027, after a 1.1% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

Free home value report

See what your 24501 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 24501 home prices compare?

24501$193,744
Lynchburg$234,857
Virginia$328,255
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lynchburg: 4 ZIPs; Virginia: 757 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, the typical home value in 24501 is $193,744, down 1.1% over the past year. The median list price stands at $226,325, and homes are moving in a median of 45 days. There were 101 homes for sale as of September 2026, with 32 new listings entering the market. About 23.6% of listings had a price cut. For a seller, the data points to a market where pricing carefully matters, since values have softened and a meaningful share of listings are reducing their asking price.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $38,749

Term

Rate (%)

Common questions

What people ask us.

How much is a home in 24501 worth?

The typical home value in 24501 is $193,744 as of September 2026, down 1.1% over the past year.

How long do homes take to sell in 24501?

Homes in 24501 spend a median of 45 days on market as of September 2026.

How many homes are for sale in 24501?

There were 101 homes for sale in 24501 as of September 2026, with 32 new listings added.

Discover

Nearby ZIP markets.

Keep reading