During Dec 2022, the average price for an apartment in/near Oakwood, Lynchburg, VA increased by 5.1% to $574,045.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 1% to $82,500. Asking price for 2-bed apartment remains the same, a place of this size will still cost you $120,000. A 3-bed apartment goes for $560,408, it decreased by 5.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.5% and made it up to $711,317.
Price reports demonstrate that house price increased by 2.6% this month making it up to $620,898. Condos are really in demand in this season. The median price for a condo increased by 9.8%, it’s now available for $448,125.