Market Intelligence · VA / Lynchburg

Lynchburg, VA 24503 Housing Market

The typical home value in Lynchburg, VA 24503 is $375,619, up 2.4% over the past year as of 2026-07-01. Sellers are asking a median list price of $439,900, and homes are spending a median of 52 days on the market.

Updated August 2026Median value$374K

The median home value in Lynchburg, VA 24503 is $374K as of August 2026, up 2.4% 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 24503 range

$344K to $404K

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

+2.4% over 12 months

Typical home value in 24503 over the last 12 months: $365K in Aug 2025 to $374K in Aug 2026 (+2.4%).

Aug 2025$365K

Aug 2026$374K

The numbers

What is the 24503 housing market like?

Typical home value

$374K

Up2.4%YoY

Median list price

$440K

Down1.1%MoM

Days on market

52

Up30.0%MoM

Homes for sale

73

Down1.4%MoM

Price cuts

22.7%

Up35.7%MoM

New listings

36

Up63.6%MoM

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

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The comparison

How do 24503 home prices compare?

  • 24503$373,766
  • 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

As of 2026-08-01, there were 73 homes for sale in 24503, with 36 new listings hitting the market. The median list price sits at $439,900, while the typical home value is $375,619, up 2.4% over the past year. Homes are taking a median of 52 days to sell, and 22.7% of listings have taken a price cut. Values are still climbing, but the share of reduced listings suggests some sellers are starting above what buyers will pay. If you are thinking of selling, realistic pricing from day one matters more than testing the market high.

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