The housing market in Lynchburg, OH is performing quite well compared to the national average. The median value of houses in Lynchburg is $129,900, which is significantly lower than the US median value of $338,100. While nationwide house appreciation rose 8.27% over the past year, Lynchburg has seen an even higher rate of 13.22%. This makes it a great time for potential buyers to invest in property in the area and take advantage of these high appreciation rates.
The median home cost in Lynchburg is $129,900. Home appreciation the last 10 years has been 84.0%. Home Appreciation in Lynchburg is up 15.4%.
Average Age of Homes
- The median age of Lynchburg real estate is 58 years old
The Rental Market in Lynchburg
- Renters make up 30.3% 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.