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Lynchburg, VA 24501 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Lynchburg, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.20
ActiveActive listings: 4545PendingPending sales: 99
Lynchburg, VA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $230k$230kSoldMedian sold price (last 6 months): $190k$190k
What homes actually sell for in Lynchburg, VA
Distribution of 250 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $126k to $265k
$40k to $82k: 24 sales$40k$82k to $125k: 23 sales$125k to $167k: 44 sales44sales$125k$167k to $210k: 40 sales$210k to $252k: 34 sales$210k$252k to $295k: 24 sales$295k to $337k: 27 sales$295k$337k to $380k: 9 salesMedian $190k

What the numbers say

As of September 14, 2026, Resideline is tracking 45 active listings and 9 pending sales in ZIP code 24501. That pending-to-active ratio of 0.20 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $230,000, while the median of the 250 closed sales Resideline tracked over the last six months was $190,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 24501 for 65 days.

Frequently asked questions

What is the median home price in 24501?

The median closed sale price in Lynchburg, VA 24501 was $190,000 over the last six months, based on 250 closed sales tracked by Resideline. The middle half of those sales ranged from $125,500 to $265,000.

Is 24501 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 45 active listings in 24501, a pending-to-active ratio of 0.20. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 24501 currently looks like a balanced market.

Nearby ZIP code market data

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