The story of this market
The typical home in ZIP 24550 sells for about $305,000, or $180 per square foot.
Prices are up +1.7% from a year ago, so sellers still have some momentum. Homes take about 21 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $838 a month.
ZIP 24550 — Evington
The housing market in 24550 remains stable, characterized by low inventory and steady demand from buyers seeking larger properties. Prices have seen modest year-over-year growth, supported by the broader Lynchburg metro area's economic resilience. Market conditions are currently balanced, with homes selling at a consistent pace.
This ZIP is best suited for family buyers and those seeking rural or semi-rural living with larger lot sizes, while remaining within commuting distance of Lynchburg.
Median prices moved up 1.7% year over year.
Homes spend a median of 21 days on market with 2.7 months of supply — a fast-moving market.
11% of listings have cut prices · homes sell at 98.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 5.7% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 24550, Campbell 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.
Property taxes are assessed by Campbell County based on fair market value; specific district rates may apply for fire and rescue services.
Residents typically commute by car toward the Lynchburg employment core via US-29 and local highways.
The area offers rural outdoor recreation, including access to local parks and proximity to the James River, with limited retail shopping within the immediate ZIP.
The rental market is primarily composed of single-family homes with limited multi-family inventory, reflecting a stable but low-turnover environment.
The local economy is anchored by the broader Lynchburg metropolitan area, which features a mix of manufacturing, education, and healthcare sectors.
Transportation is heavily reliant on private vehicle use, with US-29 serving as the primary corridor connecting the area to the regional employment hub.
Parcels are subject to Campbell County tax levies and may fall within specific school and fire protection districts.
Data retrieved from census.gov ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Local community park providing green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.