24501 Home Values & Market Trends
There are 414 homes currently listed for 24501. 24501 real estate market trends show that home prices range from $39,900 to $2,190,000, and the median sales price in the 24501 zip code is $229,597. The total number of properties sold within the past twelve months is 538. In 24501, 19 properties are in foreclosure, 5 are bank owned properties,and 14 are headed for auction.
24501 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lynchburg | $ 293,892 $ 189/sqft |
Housing Market Summary for 24501
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $209.9K | $223K | 6.24% |
| Median Sold Price | $179.5K | $179.9K | 0.20% |
| Homes For Sale | 302 | 407 | 34.77% |
| Homes Sold | 215 | 167 | -22.33% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 24501
Browse Homes in 24501
The median list price of a home in Lynchburg, is $229,597. A total of 414 properties are for sale, and the percentage of properties for sale in the zip code is 414.00%. The total count of 24501 properties is 625.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 24501 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 24501; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 24501 ranges from the highest value of $438,137 in lynchburg to the lowest value of $66,494 in lynchburg. Bank owned homes and properties account for 0.80% of properties in 24501. There is 1 cities within 24501; lynchburg containing 23 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslynchburg has 33 auction properties, the highest number of properties going to auction in a single city in the state of 24501. Auction homes and other auction properties account for 2.24% of all properties in 24501. There is 1 cities within 24501; of that cities, the median estimated home value for homes going to auction ranges from $379,806 in lynchburg to the lowest value of $61,439 in lynchburg.
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More Real Estate Resources for 24501
Guide for 24501
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
