Updated May 2026 · Redfin · 3-month window
24502 Real Estate Market Update: Lynchburg, VA, May 2026
The latest housing-market numbers for ZIP code 24502 in Lynchburg, Virginia, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $280K | ▲ +5.3% | ▼ -2.8% |
| Days on market | 22 | ▼ -15.4% | ▲ +57.1% |
| Homes for sale | 98 | ▲ +11.4% | ▲ +19.5% |
| Sale-to-list | 99.2% | ▲ +0.5% | ▼ -0.9% |
| Homes sold | 151 | ▼ -1.9% | ▼ -0.7% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 24502 numbers say
The 24502 ZIP in Lynchburg is cooling. The median sale price sits at $280,000, 2.8% below last year. Homes here move fast: a typical listing goes under contract in about 22 days, and sellers are getting 99.2% of list price.
Based on 151 recent sales, 24502 is currently an active market.
What this means if you sell in 24502
Use these figures to set expectations early. Lead a listing appointment with the median price and the 22-day pace, show the year-over-year direction, and frame 24502 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Lynchburg post →Frequently asked: the 24502 housing market
- What is the median home price in ZIP 24502 (Lynchburg, VA)?
- As of May 2026, the median sale price in ZIP 24502 is $280,000 (-2.8% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 24502 a buyer's or seller's market right now?
- ZIP 24502 is currently an active market, based on a 99.2% sale-to-list ratio, about 22 days on market for May 2026.
- How long do homes take to sell in ZIP 24502?
- A typical listing in 24502 goes under contract in about 22 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 24502 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.