Median price for residential apartments in Lynchburg, VA as of Dec, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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384 Lynchburg, VA, USA apartments for sale
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Housing Trends
How much does an apartment cost in Lynchburg, VA, USA
Average apartment sale in Lynchburg: $254,765 (+0.3%)
| Apartment Size | Dec | vs Last Month |
|---|---|---|
| Studio apartments | $214,882 | +22.7% |
| 1-bed apartments | $85,733 | +6.6% |
| 2-bed apartments | $151,652 | -5.9% |
| 3-bed apartments | $249,820 | -1.5% |
| 4+ bed apartments | $320,792 | -2.2% |
During Dec 2022, the average price for an apartment in/near Lynchburg, VA increased by 0.3% to $254,765.
Knowing the current property prices is key if you plan to buy a studio in Lynchburg, VA. The average price for a studio has increased since the last month, currently being $214,882. After collecting all data points, we now see that the average price for 1-bed apartment increased by 6.6% to $85,733. Asking price for 2-bed apartment also decreased by 5.9% and a place of this size will now cost you $151,652. A 3-bed apartment goes for $249,820, it decreased by 1.5% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 2.2% and made it down to $320,792.
| Listing Type | Dec | vs Last Month |
|---|---|---|
| Condos for sale | $280,331 | +8.5% |
| Houses for sale | $257,756 | -2.1% |
| Lofts for sale | $233,950 | -3.4% |
| Other for sale | $950,000 | +0% |
| Townhouses for sale | $263,223 | +0% |
| Duplexes for sale | $181,740 | +0% |
| Land for sale | $108,786 | +30.8% |
Price reports demonstrate that house price decreased by 2.1% this month making it up to $257,756. Condos are really in demand in this season. The median price for a condo increased by 8.5%, it’s now available for $280,331. An average value of duplex is $181,740, thus a median price for a duplex remains the same this month. The price dynamics of lofts changed, it decreased by 3.4%, the price tag now starts at $233,950. Value of the townhouses didn’t change, the price still starts at $263,223. The average price of the land for sale in Lynchburg, VA has increased by 30.8%, and now equals $108,786. Other types of properties for sale would cost $950,000 on average. Our data shows that this amount has stayed roughly the same compared to Nov.
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