Aug 2026
$280K
-2.0% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Lynchburg, VA
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Lynchburg, VA. Built for agents; free to read.
Lynchburg, VA’s median sale price is $280K as of Aug 2026 — -2.0% year over year. Pecan Street tracks Lynchburg with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,496/mo
$64K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Lynchburg compares to other U.S. metros
| Home-price growth | ↓170th of 195 |
|---|---|
| Price-to-rent | 108th of 195 |
| Days on market | 90th of 194 (top 47%) |
| Price cuts | 94th of 194 (top 49%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 14 -1.3% YoY 108th of 195 |
|---|---|
| Asking price / sq ft | $191 +2.1% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 37% -0.6 pts YoY 94th of 194 (top 49%) |
|---|---|
| New housing units permitted | 73 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 28 |
|---|---|
| MLS board of record | — |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
red · 6.7ppRedfin (city) -2.0% | FHFA HPI · Q2 2026 +4.7% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in VA
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 24104 | $450K↓ | 58↑ | 16↓ | 16↓ | 85↑ | $527K↑ |
| 24121 | $560K↑ | 152↑ | 32↑ | 60↑ | 58↓ | $565K↑ |
| 24179 | $322K↑ | 56↑ | 36↑ | 32↑ | 47↑ | $290K↑ |
| 24501 | $229K↓ | 97↑ | 40↓ | 36↓ | 47↑ | $198K↓ |
| 24502 | $305K↓ | 147↑ | 72↑ | 48↑ | 51↑ | $279K↑ |
| 24503 | $440K↓ | 73↑ | 36↑ | 32↓ | 52↓ | $375K↑ |
| 24504 | $250K↑ | 48↑ | 16↑ | 20↑ | 61↑ | $183K↓ |
| 24521 | $385K↑ | 39↑ | 8↓ | 12↑ | 82↑ | $301K↑ |
| 24523 | $380K↑ | 85↑ | 32↑ | 36↑ | 58↑ | $290K↑ |
| 24551 | $497K↑ | 96↑ | 28↓ | 28↑ | 59↑ | $428K↑ |
| 24572 | $288K↑ | 44↑ | 24↑ | 24↑ | 37↓ | $248K↑ |
| 24588 | $330K↑ | 37↓ | 12↑ | 16↑ | 54↓ | $286K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.