Is Lynchburg, VA 24503 a buyer’s or seller’s market?
Lynchburg is a seller’s market. With about 2.2 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score62/ 100
More competitive than 64% of U.S. ZIP codes, and #171 of 358 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.2Under 4 months = seller’s market
Sold above original list21.6%Share of sales, last 3 months
Median sale-to-list98.6%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$168▼ −0.5% vs. last year
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Nearby markets
Bedford 24523Seller’s market $188 /sq ftBig Island 24526Buyer’s market $232 /sq ftBlue Ridge 24064Balanced $162 /sq ftColeman Falls 24536 — /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology