LYNCHBURG AREA HOUSING MARKET DATA

There was a decrease in total units sold in September, with 263 sold this month in Lynchburg Area Real Estate versus 281 last month, a decrease of 6%. This month's total units sold was higher than at this time last year, an increase of 4% versus September 2024.

Versus last year, the total number of homes available this month is higher by 145 units or 23%. The total number of active inventory this September was 782 compared to 637 in September 2024. This month's total of 782 is lower than the previous month's total supply of available inventory of 822, a decrease of 5%.

Last September, the median sale price for Lynchburg Area Homes was $289,950. This September, the median sale price was $300,000, an increase of 3% or $10,050 compared to last year. The current median sold price is 3% lower than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 3.0 months of supply available in Lynchburg Area, compared to 2.5 in September 2024. That is an increase of 18% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 375 homes newly listed for sale in Lynchburg Area compared to 355 in September 2024, an increase of 6%. There were 300 current contracts pending sale this September compared to 293 a year ago. The number of current contracts is 2% higher than last September.

In September, the average sale price in Lynchburg Area was 98.8% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 39, higher than the average last year, which was 34, an increase of 15%.





FOCUS ON: LYNCHBURG AREA HOUSING MARKET			SEPTEMBER 2025

Units Sold 263	Active Inventory 782	Median Sale Price $300,000	Days On Market 39

Up 4% Vs. Year Ago	Up 23% Vs. Year Ago	Up 3% Vs. Year Ago	Up 15% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 263 sold this month in Lynchburg Area Real Estate versus 281 last month, a decrease of 6%. This month's total units sold was higher than at this time last year, an increase of 4% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 145 units or 23%. The total number of active inventory this September was 782 compared to 637 in September 2024. This month's total of 782 is lower than the previous month's total supply of available inventory of 822, a decrease of 5%.
		Median Sale Price Last September, the median sale price for Lynchburg Area Homes was $289,950. This September, the median sale price was $300,000, an increase of 3% or $10,050 compared to last year. The current median sold price is 3% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 375	Current Contracts 300	Sold Vs. List Price 98.8%	Months of Supply 3.0

Up 6% Vs. Year Ago	Up 2% Vs. Year Ago	No Change Vs. Year Ago	Up 17% Vs. Year Ago


		Months of Supply In September, there was 3.0 months of supply available in Lynchburg Area, compared to 2.5 in September 2024. That is an increase of 18% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 375 homes newly listed for sale in Lynchburg Area compared to 355 in September 2024, an increase of 6%. There were 300 current contracts pending sale this September compared to 293 a year ago. The number of current contracts is 2% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Lynchburg Area was 98.8% of the average list price, which is similar compared to a year ago. Days on Market This month, the average number of days on market was 39, higher than the average last year, which was 34, an increase of 15%.


	*Defined as the counties of Amherst, Appomattox, Bedford County, Campbell, and the cities of Bedford and Lynchburg in VA
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by LAR and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of LAR or Long & Foster Real Estate, Inc.