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Lynchburg, VA 24501 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Lynchburg, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.04
ActiveActive listings: 4949PendingPending sales: 22
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): $238k$238kSoldMedian sold price (last 6 months): $190k$190k
What homes actually sell for in Lynchburg, VA
Distribution of 252 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $130k to $260k
$45k to $86k: 24 sales$45k$86k to $128k: 24 sales$128k to $169k: 46 sales46sales$128k$169k to $211k: 39 sales$211k to $252k: 34 sales$211k$252k to $294k: 27 sales$294k to $335k: 27 sales$294k$335k to $377k: 6 salesMedian $190k

What the numbers say

As of October 5, 2026, Resideline is tracking 49 active listings and 2 pending sales in ZIP code 24501. That pending-to-active ratio of 0.04 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $237,500, while the median of the 252 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 66 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 252 closed sales tracked by Resideline. The middle half of those sales ranged from $130,000 to $259,990.

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

Resideline is currently tracking 2 pending sales against 49 active listings in 24501, a pending-to-active ratio of 0.04. 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

Full Lynchburg, VA housing market report →

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