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Lynchburg, VA 24503 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Lynchburg, VA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 3838PendingPending sales: 55
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): $485k$485kSoldMedian sold price (last 6 months): $400k$400k
What homes actually sell for in Lynchburg, VA
Distribution of 167 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $289k to $525k
$118k to $204k: 17 sales$118k$204k to $290k: 17 sales$290k to $376k: 28 sales$290k$376k to $462k: 40 sales40sales$462k to $547k: 21 sales$462k$547k to $633k: 14 sales$633k to $719k: 6 sales$633k$719k to $805k: 6 salesMedian $400k

What the numbers say

As of October 26, 2026, Resideline is tracking 38 active listings and 5 pending sales in ZIP code 24503. That pending-to-active ratio of 0.13 makes it a typical-pace market: listings are going under contract at about the pace of most ZIP codes Resideline tracks.

The median asking price of current listings is $484,925, while the median of the 167 closed sales Resideline tracked over the last six months was $399,900. 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 79 days.

Frequently asked questions

What is the median home price in 24503?

The median closed sale price in Lynchburg, VA 24503 was $399,900 over the last six months, based on 167 closed sales tracked by Resideline. The middle half of those sales ranged from $289,000 to $524,900.

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

Resideline is currently tracking 5 pending sales against 38 active listings in 24503, a pending-to-active ratio of 0.13. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 24503 is currently a typical-pace market.

Nearby ZIP code market data

Full Lynchburg, VA housing market report →

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