Market Intelligence · VA / Lynchburg

Lynchburg, VA 24501 Housing Market

The typical home in Lynchburg, VA 24501 is valued at $196,051, down 1.5% over the past year as of 2026-07-01. Homes on the market carry a median list price of $228,900 and a median of 47 days on market as of 2026-08-01.

Updated August 2026Median value$197K

The median home value in Lynchburg, VA 24501 is $197K as of August 2026, down 1.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 24501 range

$181K to $213K

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.

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12-month value trend

-1.1% over 12 months

Typical home value in 24501 over the last 12 months: $199K in Aug 2025 to $197K in Aug 2026 (-1.1%).

Aug 2025$199K

Aug 2026$197K

The numbers

What is the 24501 housing market like?

Typical home value

$197K

Down1.1%YoY

Median list price

$229K

Down2.6%MoM

Days on market

47

Flat0.0%MoM

Homes for sale

97

Up3.2%MoM

Price cuts

19.7%

Up26.0%MoM

New listings

40

Flat0.0%MoM

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

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The comparison

How do 24501 home prices compare?

  • 24501$196,767
  • Lynchburg$237,412
  • Virginia$330,987
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lynchburg: 4 ZIPs; Virginia: 757 ZIPs; United States: 26,265 ZIPs).

Context

There were 97 homes for sale in 24501 as of 2026-08-01, with 40 new listings added. The median list price of $228,900 sits well above the typical home value of $196,051, and homes take a median of 47 days to sell. About 19.7% of listings have taken a price cut. With typical values down 1.5% over the past year, sellers should price carefully from the start, because buyers here have room to wait and negotiate.

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