Market Intelligence · VA / Lynchburg

Lynchburg, VA 24503 Housing Market

The typical home in Lynchburg, VA 24503 is worth $373,311 as of September 2026, up 2.3% over the past year. The median list price is $474,900, and homes spend a median 49 days on market. That asks sellers to price carefully.

Updated September 2026Median value$373K

The median home value in Lynchburg, VA 24503 is $373K as of September 2026, up 2.3% 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.

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Typical 24503 range

$343K to $403K

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

+2.3% over 12 months

Sep 2025$365K

Low $365KHigh $373K

Sep 2026$373K

The numbers

What is the 24503 housing market like?

As of September 2026

Typical home value

$373K

2.3%YoY

Median list price

$475K

8.0%MoM

Days on market

5.8%MoM

Homes for sale

8.2%MoM

Price cuts

22.1%

2.7%MoM

New listings

11.1%MoM

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

The outlook

24503 housing market forecast 2027

+2.4%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 24503 to rise 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in 24503 rose 2.3%, per the Zillow Home Value Index.

Will home prices drop in 24503?

Zillow's forecast does not call for a drop: it expects typical home values in 24503 to rise 2.4% by September 2027, after a 2.3% rise 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.

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The comparison

How do 24503 home prices compare?

24503$373,311
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

Lynchburg, VA 24503 had 79 homes for sale in September 2026, with 32 new listings entering the market. The median list price was $474,900, while the typical home value was $373,311, up 2.3% over the past year. A median 49 days on market points to a measured pace rather than a rush. With 22.1% of listings taking a price cut, buyers are negotiating when the first price misses. A seller who prices close to recent evidence has the cleaner path.

Monthly payment

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Down payment20% · $74,662

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Common questions

What people ask us.

How much is a home in 24503 worth?

The typical home value in Lynchburg, VA 24503 is $373,311 as of September 2026, up 2.3% over the past year.

How long are homes taking to sell in 24503?

The median days on market is 49 as of September 2026.

Are sellers cutting prices in 24503?

As of September 2026, 22.1% of listings had a price cut.

Discover

Nearby ZIP markets.

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