The story of this market
The typical home in ZIP 24104 sells for about $259,000, or $163 per square foot.
Prices are down 3.5% from a year ago, which gives buyers more room to negotiate. Homes take about 25 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $883 a month.
ZIP 24104 — Huddleston
The Lynchburg housing market is currently experiencing a cooling trend with median sale prices down 3.5% year-over-year to $259,000. Market activity has slowed, with homes taking longer to sell compared to the previous year and a decrease in the total number of closed sales. Figures provided reflect city-wide data as specific ZIP-level metrics for 24104 were not published.
Median prices moved down 3.5% year over year.
Homes spend a median of 25 days on market with 2.7 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.3% · poverty 7.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
Lynchburg city, Virginia
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data sourced from US Census Bureau profile for Lynchburg city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.