24503 Home Values & Market Trends

There are 369 homes currently listed for 24503. 24503 real estate market trends show that home prices range from $49,900 to $1,950,000, and the median sales price in the 24503 zip code is $403,998. The total number of properties sold within the past twelve months is 408. In 24503, 10 properties are in foreclosure, 6 are bank owned properties,and 4 are headed for auction.

24503 Real Estate Market Overview

CityMedian Est. Value
Lynchburg

$ 292,741

$ 189/sqft

Housing Market Summary for 24503

Sep 2025September 2026Change
Median Listing Price$389.9K$399K2.32%
Median Sold Price$368.3K$424K15.15%
Homes For Sale24935140.96%
Homes Sold163100-38.65%
Price
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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%.

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Browse Homes in 24503

The median list price of a home in Lynchburg, is $403,998. A total of 369 properties are for sale, and the percentage of properties for sale in the zip code is 369.00%. The total count of 24503 properties is 507.

Foreclosure
There is 1 cities within 24503; within this cities, the median estimated home value for homes in foreclosure ranges from $438,137 in lynchburg to the lowest value of $61,439 in lynchburg. Foreclosure homes account for 1.00% of properties in 24503 with lynchburg containing 58 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in 24503 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 24503; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 24503 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 1.18% of properties in 24503. There is 1 cities within 24503; lynchburg containing 22 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    lynchburg has 36 auction properties, the highest number of properties going to auction in a single city in the state of 24503. Auction homes and other auction properties account for 0.79% of all properties in 24503. There is 1 cities within 24503; 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 72.78% of residential properties in 24503 with lynchburg containing 1557 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 24503; homes for sale in that cities, have a range of median values from $3,600,000 in lynchburg to the lowest value of $12,897 in lynchburg.
    Sold Homes
    The median value for recently sold homes ranges from $1,476,060 in lynchburg to the lowest price of $21,410 in lynchburg. There is 1 cities within 24503. lynchburg has 590 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 23.27% of properties in 24503.

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      Guide for 24503

      gavel for real estate auction
      Home Buying Guides & Tips
      Virginia Foreclosure Laws
      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      See More Articles
      gavel for real estate auction
      Virginia Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2015

      Virginia Foreclosure Laws

      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.