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Market Intelligence · VA / Lynchburg

Lynchburg, VA 24504 Housing Market

The typical home value in Lynchburg, VA 24504 is $177,438, down 1.0% over the past year as of September 2026. The median list price is $251,200, and homes are spending a median of 58 days on market.

Updated September 2026Median value$177K

The median home value in Lynchburg, VA 24504 is $177K as of September 2026, down 1.0% 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 24504 range

$163K to $192K

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

-1.0% over 12 months

Typical home value in 24504 over the last 12 months: $179K in Sep 2025 to $177K in Sep 2026 (-1.0%).

Sep 2025$179K

Sep 2026$177K

The numbers

What is the 24504 housing market like?

Typical home value

$177K

Down1.0%YoY

Median list price

$251K

Up0.5%MoM

Days on market

58

Down4.9%MoM

Homes for sale

51

Up6.3%MoM

Price cuts

24.9%

Up2.1%MoM

New listings

16

Flat0.0%MoM

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

The outlook

24504 housing market forecast 2027

+2.6%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 24504 to rise 2.6% by September 2027.

Over the 12 months through September 2026, typical home values in 24504 fell 1.0%, per the Zillow Home Value Index.

Will home prices drop in 24504?

Zillow's forecast does not call for a drop: it expects typical home values in 24504 to rise 2.6% by September 2027, after a 1.0% 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.

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The comparison

How do 24504 home prices compare?

  • 24504$177,438
  • 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

In 24504, a ZIP within Lynchburg, the market as of September 2026 shows 51 homes for sale and 16 new listings. The median list price sits at $251,200, while the typical home value is $177,438, down 1.0% over the past year. Homes are taking a median of 58 days to sell, and 24.9% of listings have had a price cut. That gap between asking prices and actual values, along with the share of sellers cutting prices, points to a market where buyers have room to negotiate. For sellers, pricing realistically from the start matters more than aiming high.

Monthly payment

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Common questions

What people ask us.

How much is a home in 24504 worth?

The typical home value in Lynchburg, VA 24504 is $177,438 as of September 2026, down 1.0% over the past year.

How long do homes take to sell in 24504?

Homes in 24504 spend a median of 58 days on market as of September 2026.

What are homes listed for in 24504?

The median list price in 24504 is $251,200 as of September 2026, with 51 homes for sale and 16 new listings.

Discover

Nearby ZIP markets.

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