Home prices
The median home in Lynchburg is valued at $108,100. In comparison to its surrounding areas it is roughly $17,700 (19%) higher.Compared to the entire country it is roughly $109,400 (50%) lower, and it is about $43,500 (28%) lower compared to the city of Columbus.
Rents
In Lynchburg the median rent is $782 a month. In comparison to its surrounding areas it is is very similar.It is about $280 (26%) lower in comparison to the US as a whole, and is roughly $179 (18%) lower in comparison to the city of Columbus.
Nearby places
Martinsville
Martinsville is roughly 5 miles north of Lynchburg. The housing prices there are somewhat less expensive. The value of the median home in Martinsville is $84,100, which comes out to $24,000 (28%) lower than Lynchburg. Its rents are somewhat more expensive. In Martinsville the median rent is $839 a month, which comes out to $57 (6%) higher than Lynchburg.
Midland
Midland is approximately 7 miles northwest of Lynchburg. Housing prices there are significantly less expensive. The value of the median home in Midland is $80,000, which works out to $28,100 (35%) lower than Lynchburg. Rents there are similar. Midland's median monthly rent is $800, which works out to $18 (2%) higher than Lynchburg.
New Vienna
New Vienna is roughly 7 miles northeast from Lynchburg. Its housing prices are significantly less expensive. The median home in New Vienna is valued at $80,600, which works out to $27,500 (34%) lower than Lynchburg. Rent there is similar. In New Vienna the median rent is $746 a month, which comes out to $36 (4%) lower than Lynchburg.
Fayetteville
Fayetteville is about 7 miles southwest from Lynchburg. Real estate prices there are a little less expensive. The median home in Fayetteville is valued at $101,600, which works out to $6,500 (6%) lower than Lynchburg. The rent there is a little more expensive. The median monthly rent in Fayetteville is $863, which comes out to $81 (9%) higher than Lynchburg.
Hillsboro
Hillsboro is approximately 8 miles east of Lynchburg. The real estate prices there are similar. The median home in Hillsboro is valued at $105,700, which works out to $2,400 (2%) lower than Lynchburg. Rent there is a little less expensive. The median rent in Hillsboro is $639 a month, which comes out to $143 (22%) lower than Lynchburg.
