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Area data

Lynchburg, VA — ZIP 24501

Population: 25,006 (Census ACS)

Home values & appreciation

Median home value
$196,051
1-year appreciation
-1.5%
3-year appreciation
+2.9%
5-year appreciation
+27.6%
10-year appreciation
+83.4%
All-time peak (2025-02)
$202,035
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$216,950
Median list price
$282,450
Median days on market
40 days
Sale-to-list ratio
96.7%
Active listings
3
1-year forecast
+2.1%
Days to pending
50 days
New listings (monthly)
44

Rents

Typical rent
$1,224/mo
1-year rent change
+3.8%
1BR fair-market rent
$1,143/mo
3BR fair-market rent
$1,735/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
4
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
lightning, strongWind
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
93

Walkability & transit

Walkability index
12.7 / 20
Transit service frequency
142

Amenities

National parks within ~60 mi
2
Nearest national park
Appomattox Court House National Historical Park (19 mi)
Nearest airport
Falwell Airport (2 mi)
Nearest major airport
Lynchburg Regional Airport - Preston Glenn Field (LYH) (4 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
-150 tax filers

Housing stock

Median year housing built
1,971
Median annual property tax
$1,163
Mean commute to work
17 min
Households with broadband internet
71.4%

Employment & development

Total county employment
43,939
Average weekly wage
$1,086
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
232

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents