The housing market in Lynchburg, MS is booming! With a median value of $228,600, it is well below the US median value of $338,100. In the past year, the US house appreciation rate was 8.27%, but in Lynchburg, it was even higher at 17.86%. This suggests that houses in Lynchburg are an excellent investment opportunity and can be expected to appreciate significantly faster than the national rate.
The median home cost in Lynchburg is $228,600. Home appreciation the last 10 years has been 80.3%. Home Appreciation in Lynchburg is up 19.2%.
Average Age of Homes
- The median age of Lynchburg real estate is 22 years old
The Rental Market in Lynchburg
- Renters make up 6.4% of the Lynchburg population
- 0.0% of houses and apartments in Lynchburg, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.