24502 Home Values & Market Trends
There are 590 homes currently listed for 24502. 24502 real estate market trends show that home prices range from $145,000 to $650,000, and the median sales price in the 24502 zip code is $299,000. The total number of properties sold within the past twelve months is 748. In 24502, 18 properties are in foreclosure, 8 are bank owned properties,and 10 are headed for auction.
24502 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Lynchburg | $ 293,892 $ 189/sqft |
Housing Market Summary for 24502
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $290K | $286.9K | -1.07% |
| Median Sold Price | $279.2K | $262.6K | -5.94% |
| Homes For Sale | 391 | 575 | 47.06% |
| Homes Sold | 334 | 204 | -38.92% |
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 24502
Browse Homes in 24502
The median list price of a home in Lynchburg, is $299,000. A total of 590 properties are for sale, and the percentage of properties for sale in the zip code is 590.00%. The total count of 24502 properties is 870.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 24502 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 24502; 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 24502 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 0.92% of properties in 24502. There is 1 cities within 24502; 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 24502. Auction homes and other auction properties account for 1.15% of all properties in 24502. There is 1 cities within 24502; 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 24502
Guide for 24502
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.
