Lynchburg, VA 24503 Real Estate & Property Data
Last Updated: April 25, 2024
A total of 404 residential properties have been sold over the past 12 months in 24503. With a median sales price of $285,000 in 24503. Discover market trends and get the granular level real estate data for Lynchburg, VA 24503 to keep your pulse on the housing market. Curate compelling home reports for Lynchburg, VA 24503 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.
Total Residential Properties 7,115
Total Commercial Properties 179
Avg. Home Age (Single Family Home) 57 Years
Avg. Square Feet (Single Family Home) 2,115
Total 2024 Residential Sales (year-to-date) 65
% of Homes Seriously Underwater (Q2 2024) 1.2%
Total 2023 Residential Sales 360
% of Equity Rich Homes (Q2 2024) 35.48%
Effective 2023 Property Tax 0.57%
Total Foreclosure Filings (year-to-date) N/A
Lynchburg, VA 24503 Real Estate Overview
There were 404 residential properties sold in the past year in Lynchburg, VA 24503. The median home value in Lynchburg, VA 24503 is $318,281. There are a total of 7,115 residential properties in the 24503.
Median Sales Price i
$285,000
(Feb 2024)
-25.8%
year-over-year
y-o-y
- February '24 Feb '24 $285,000
- January '24 Jan '24 $336,000
- December '23 Dec '23 $354,000
- November '23 Nov '23 $355,500
- October '23 Oct '23 $247,500
- September '23 Sep '23 $415,000
- August '23 Aug '23 $310,000
- July '23 Jul '23 $314,000
- June '23 Jun '23 $329,950
- May '23 May '23 $372,500
- April '23 Apr '23 $390,000
- March '23 Mar '23 $375,900
Median Down Payment i
$41,000
(Feb 2024)
+48.1%
year-over-year
y-o-y
- February '24 Feb '24 $41,000
- January '24 Jan '24 $68,600
- December '23 Dec '23 $70,000
- November '23 Nov '23 $58,000
- October '23 Oct '23 $50,400
- September '23 Sep '23 $44,376
- August '23 Aug '23 $70,500
- July '23 Jul '23 $20,400
- June '23 Jun '23 $72,500
- May '23 May '23 $81,000
- April '23 Apr '23 $67,500
- March '23 Mar '23 $56,250
Number of Homes Sold i
42
(Feb 2024)
+75%
year-over-year
y-o-y
Number of Purchase Loans i
28
(Feb 2024)
+75%
year-over-year
y-o-y
Number of REFI Loans i
13
(Feb 2024)
+85.7%
year-over-year
y-o-y
Number of HELOC Loans i
8
(Feb 2024)
-61.9%
year-over-year
y-o-y
Lynchburg, VA 24503 Real Estate Market Overview
Last 30 days- Street
- Street
- Street
Lynchburg, VA 24503 Foreclosure Activity
Total Foreclosure Filings i
Foreclosure Starts i
Completed Foreclosures (REOs) i
- February '24 Feb '24 N/A
- January '24 Jan '24 N/A
- December '23 Dec '23 N/A
- November '23 Nov '23 N/A
- October '23 Oct '23 N/A
- September '23 Sep '23 N/A
- August '23 Aug '23 N/A
- July '23 Jul '23 N/A
- June '23 Jun '23 N/A
- May '23 May '23 1
- April '23 Apr '23 1
- March '23 Mar '23 N/A
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