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Lynchburg, VA housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $176 $181 $187 $189 10.7% 2.8% 3.3% 1.1%
Active Listing Count 396 537 668 892 17.2% 35.6% 24.4% 33.5%
Median Days on Market 61 59 58 53 5.2% -3.3% -1.7% -8.6%
Share of listings with price increase 1.2% 0.9% 0.8% 0.8%
Share of listings with price decrease 9% 11.3% 14.8% 16.2%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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