Area data
Lynchburg, VA — ZIP 24503
Population: 20,419 (Census ACS)
Home values & appreciation
- Median home value
- $375,619
- 1-year appreciation
- +2.4%
- 3-year appreciation
- +6.7%
- 5-year appreciation
- +25.9%
- 10-year appreciation
- +68.5%
- All-time peak (2026-07)
- $375,619
- House Price Index
- 423.6 (+3.3% YoY)
Market activity
- Median sale price
- $420,000
- Median days on market
- 145 days
- Sale-to-list ratio
- 97.9%
- 1-year forecast
- +1.9%
- Days to pending
- 38 days
- New listings (monthly)
- 36
Rents
- Typical rent
- $1,103/mo
- 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
- 5
- Elementary schools
- 4
- Middle schools
- 1
- High schools
- 0
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- lightning, strongWind
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Average annual temperature
- 57.0°F
- Average high
- 68.0°F
- Average low
- 46.0°F
- Annual precipitation
- 44.0 in
- Annual snowfall
- 12.8 in
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 34
- Days with Good air quality
- 93
Walkability & transit
- Walkability index
- 14.5 / 20
- Transit service frequency
- 0
Amenities
- National parks within ~60 mi
- 2
- Nearest national park
- Appomattox Court House National Historical Park (25 mi)
- Nearest airport
- Falwell Airport (9 mi)
- Nearest major airport
- Lynchburg Regional Airport - Preston Glenn Field (LYH) (9 mi)
- Hospitals nearby (~15 mi)
- 4
- Avg hospital rating
- 3.8 / 5
- Solar radiation rating
- Fair (4.3 kWh/m²/day)
Migration
- Net migration
- -150 tax filers
Housing stock
- Median year housing built
- 1,972
- Median annual property tax
- $2,324
- Mean commute to work
- 14 min
- Households with broadband internet
- 83.9%
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 →