Is Lynchburg, VA 24504 a buyer’s or seller’s market?
Lynchburg is a seller’s market. With about 3.8 months of supply and 23% 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 score42/ 100
More competitive than 42% of U.S. ZIP codes, and #279 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 supply3.8Under 4 months = seller’s market
Sold above original list23.1%Share of sales, last 3 months
Median sale-to-list96.6%Sold price ÷ list price
Median days on market35Listing to accepted offer
Median price per sq ft$124▼ −4.6% vs. last year
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Nearby markets
Altavista 24517Seller’s market $151 /sq ftBrookneal 24528Balanced $204 /sq ftConcord 24538Balanced $191 /sq ftEvington 24550Balanced $219 /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