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Lynchburg, VA 24503 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: 0.11
ActiveActive listings: 3535PendingPending sales: 44
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): $415k$415kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Lynchburg, VA
Distribution of 171 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $280k to $519k
$117k to $204k: 20 sales$117k$204k to $292k: 18 sales$292k to $379k: 29 sales$292k$379k to $466k: 38 sales38sales$466k to $553k: 24 sales$466k$553k to $640k: 13 sales$640k to $728k: 6 sales$640k$728k to $815k: 6 salesMedian $400k

What the numbers say

As of October 5, 2026, Resideline is tracking 35 active listings and 4 pending sales in ZIP code 24503. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $415,000, while the median of the 171 closed sales Resideline tracked over the last six months was $400,000. 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 24503 for 71 days.

Frequently asked questions

What is the median home price in 24503?

The median closed sale price in Lynchburg, VA 24503 was $400,000 over the last six months, based on 171 closed sales tracked by Resideline. The middle half of those sales ranged from $280,000 to $519,000.

Is 24503 a buyer's or seller's market?

Resideline is currently tracking 4 pending sales against 35 active listings in 24503, a pending-to-active ratio of 0.11. 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, 24503 currently looks like a balanced market.

Nearby ZIP code market data

Full Lynchburg, VA housing market report →

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