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Area data

Lynchburg, VA — ZIP 24503

Population: 20,419 (Census ACS)

The median home value in ZIP 24503 (Lynchburg, VA) is $375,619 — up 2.4% over the past year. Homes sell for a median $420,000 after a median 145 days on market. Typical rent runs $1,103/month. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with lightning, strongwind the top-rated hazards. Cost of living is 3.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$375,619

Median home value

+2.4%

1-year change

145

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$375,619
1-year appreciation
+2.4%
3-year appreciation
+6.7%
5-year appreciation
+25.9%
10-year appreciation
+68.5%
All-time peak (2026-07)
$375,619
House Price Index (state)
423.6 (+3.3% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$420,000
Median price per sqft
$199
1-year sale-price change
+154.5%
Median days on market
145 days
Homes sold (recent period)
1
For-sale inventory
98
Sale-to-list ratio
97.9%
1-year forecast
+1.9%
Days to pending
38 days
New listings (monthly)
36

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,103/mo
Studio fair-market rent
$914/mo
1BR fair-market rent
$1,143/mo
2BR fair-market rent
$1,335/mo
3BR fair-market rent
$1,735/mo
4BR fair-market rent
$2,002/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
4
Middle schools
1
High schools
0
School districts serving the area
Bedford County Public Schools, Lynchburg City Public Schools
Schools include
Boonsboro Elementary, Bedford Hills Elementary, Linkhorne Elementary, LINKHORNE MIDDLE, Paul Munro Elementary

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
lightning, strongWind
Notable hazard ratings (county)
earthquake: Relatively Low · heatWave: Relatively Low · hurricane: Relatively Low · iceStorm: Relatively Low · inlandFlooding: Relatively Low · landslide: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 30% of US counties
Buildings in wildfire direct-exposure zone
30.3%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
U.S. Titanium (21.7 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
57.0°F
Average high
68.0°F
Average low
46.0°F
Annual precipitation
44.0 in
Annual snowfall
12.8 in
USDA plant hardiness zone
7b (extreme annual low 5 to 10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
34
Days with Good air quality
93
Days with Moderate air quality
24
Highest AQI recorded (year)
135

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
14.5 / 20
Transit service frequency
0
Jobs reachable by car (30 min)
12,437
Jobs reachable by transit (45 min)
9,586

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Appomattox Court House National Historical Park (25 mi)
National parks include
Appomattox Court House National Historical Park, Booker T Washington National Monument
Airports within 30 mi
24
Nearest airport
Falwell Airport (9 mi)
Nearest major airport
Lynchburg Regional Airport - Preston Glenn Field (LYH) (9 mi)
Hospitals nearby (~15 mi)
4
Hospitals include
CENTRA HEALTH - LYNCHBURG GEN HOSPITAL, CARILION MEDICAL CENTER, CENTRA BEDFORD MEMORIAL HOSPITAL
Avg hospital rating (CMS)
3.8 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-150 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,972
Housing built before 1970
46.2%
Housing built 2000 or later
15.2%
Median annual property tax
$2,324
Mean commute to work
14 min
Households with broadband internet
83.9%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
43,939
Average weekly wage
$1,086
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
232

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 24503State medianUS median
Median home value$375,619$331,625$289,727
Median sale price$420,000$380,000$325,000
Median days on market145 days35 days51 days
Typical rent$1,103/mo$2,038/mo$1,808/mo
Median annual property tax$2,324$1,619$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 24503?
$375,619.
What is the median sale price in ZIP 24503?
$420,000.
How long do homes take to sell in ZIP 24503?
Median days on market: 145 days.
What is typical rent in ZIP 24503?
Typical rent: $1,103/month.
What is the natural-hazard risk in ZIP 24503?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: lightning, strongWind.
Is ZIP 24503 in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in ZIP 24503?
Risk to homes is higher than 30% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 24503?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 24503?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve ZIP 24503?
5 schools (4 elementary, 1 middle) (NCES, 2022-23).
Is ZIP 24503 walkable?
Walkability index: 14.5/20 (EPA Smart Location Database).
What is the air quality in ZIP 24503?
Good. Median AQI: 34. (EPA AQI).
What is the cost of living in ZIP 24503?
Regional Price Parity: 103.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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