Home ValuePros

Market Intelligence · VA / Lynchburg

Lynchburg, VA 24502 Housing Market

The typical home value in Lynchburg, VA 24502 is $279,381, up 0.7% over the past year. Homes are listing at a median of $305,000 and spending a median of 51 days on the market. As of 2026-08-01, there were 147 homes for sale.

Updated August 2026Median value$278K

The median home value in Lynchburg, VA 24502 is $278K as of August 2026, up 0.7% 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.

Get a cash offer

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 24502 range

$256K to $300K

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.

Track my home's value

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 24502 market stats. Unsubscribe anytime.

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

12-month value trend

+0.7% over 12 months

Typical home value in 24502 over the last 12 months: $276K in Aug 2025 to $278K in Aug 2026 (+0.7%).

Aug 2025$276K

Aug 2026$278K

The numbers

What is the 24502 housing market like?

Typical home value

$278K

Up0.7%YoY

Median list price

$305K

Down2.2%MoM

Days on market

51

Up15.9%MoM

Homes for sale

147

Up8.1%MoM

Price cuts

15.8%

Down25.0%MoM

New listings

72

Up9.1%MoM

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

Free home value report

See what your 24502 home is worth.

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

The comparison

How do 24502 home prices compare?

  • 24502$278,056
  • 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

The 24502 market is moving at a moderate pace. Homes sit for a median of 51 days before selling, and the median list price is $305,000. Inventory stood at 147 homes for sale as of 2026-08-01, with 72 new listings coming on. About 15.8% of listings have taken a price cut, while typical values are up only 0.7% over the past year. For a seller, this points to a stable but slow market where realistic pricing matters more than waiting for big gains.

Monthly payment

Estimate your monthly payment.

20% · $55,611

Common questions

What people ask us.

Discover

Nearby ZIP markets.

Keep reading

Guides for sellers.