Current Lynchburg: Area Market Summary

Inventory levels (homes available for sale) have continued to remain low in the Lynchburg area as the summer has progressed.  The strong demand and low supply means that if you’re looking for a home, you have to be ready to move quickly when the right home presents itself. It also means if you’ve thought about selling your home, now is a great time, as buyers are looking!

At the beginning of July, in Lynchburg and the surrounding counties in zip codes that would still be considered the Lynchburg area, there were a total of 586 homes for sale, 438 homes under contract, and 1,282 closed sales in the last 6 months.  That means the Lynchburg market is selling approximately 215 homes per month with only 586 homes available, indicating that the market has remained strong and vibrant!