Lynchburg (24501) in Virginia Real Estate, Demographics, Mortgage and Jobs

USA	Virginia	Lynchburg Virginia

Lynchburg, VA 24501

Lynchburg (24501) has an estimated 26,757 residents with 24,422 of those people in approximately 10,595 housing units. The 24501 zipcode contains 3,299 housing units that are owned with a mortgage or a loan, 1,780 housing units that are owned free and clear and 5,516 housing units that are renter occupied.

In Lynchburg (24501) the median listing price of $114,950 has grown by $50 since 2018-10.

In 2018 the average percentage drop was 3.29% of original listing price.

Zip code 24501 is in the Lynchburg metropolitan area.
The median estimated home value in Lynchburg, VA (24501) is $99,900 as of 2018-10-31

In Lynchburg, VA (24501), values have declined by -0.01 from when they peaked at $100,900 in 2008-Q1

The Zillow Market Health Index for Lynchburg, VA (24501) is 1.25. The corresponding state value is 1.57. This is lower than the overall Market Health Index of Virginia.
Metro value is 1.76.
This is lower than the overall Market Health Index of Lynchburg.

Demographics of Lynchburg zipcode 24501
The median age here is 30.40. This age is 80.0% the national median age.
This population is younger than the national average.
The number of male residents is 12,366 with a median age of 29.10 years. The number of female residents is 14,391 with a median age of 31.70 years. This yields a ♂ to ♀ ratio of 0.86
The average household is 2.31 persons and has an income of $42,951.
The average family size in Lynchburg is 2.95.
Area Code: 434
Time zone: Eastern USA
Region: South - South Atlantic
Has Daylight Saving: Yes
Businesses: 803
Employment: 18,917
Medicare Area: Lynchburg, VA
County: LYNCHBURG CITY

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