The story of this market
The typical home in ZIP 24121 sells for about $269,900, 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 $1,178 a month.
ZIP 24121 — Moneta
The housing market in the Lynchburg area, which includes ZIP 24121, is currently experiencing a cooling trend with year-over-year price declines and longer days on market. High mortgage rates and shifting demand are contributing to a more competitive but cautious environment for buyers and sellers. Data reflects broader Lynchburg metro trends as specific ZCTA-level metrics for 24121 are limited.
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 97.9% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.9% · poverty 9.4% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24121, Bedford County VA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
not determinable
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.