Home prices
The median home in Lynchburg costs $73,600. In comparison to its nearby areas it is roughly $17,460 (19%) lower.In comparison to the nation as a whole it is approximately $143,900 (66%) lower, and compared to the city of Charlotte it is approximately $146,700 (66%) lower.
Rents
In Lynchburg the median monthly rent is $429. This is approximately $200 (31%) lower compared to its nearby areas.In comparison to the entire country it is roughly $633 (59%) lower, and it is about $706 (62%) lower compared to the city of Charlotte.
Nearby places
Lamar
Lamar is about 8 miles north of Lynchburg. The housing prices there are somewhat more expensive. The median home in Lamar is valued at $101,100, which is $27,500 (27%) higher than Lynchburg. Its rents are a lot more expensive. Lamar's median rent is $669 per month, which works out to $240 (35%) higher than Lynchburg.
Mayesville
Mayesville is about 8 miles southwest of Lynchburg. Real estate prices there are similar. Mayesville's median home cost is $72,500, which works out to $1,100 (1%) lower than Lynchburg. Rents there are somewhat more expensive. The median rent in Mayesville is $540 a month, which comes out to $111 (20%) higher than Lynchburg.
Timmonsville
Timmonsville is approximately 8 miles northeast from Lynchburg. Housing prices there are a little less expensive. The value of the median home in Timmonsville is $67,200, which is $6,400 (9%) lower than Lynchburg. The rent there is significantly more expensive. In Timmonsville the median monthly rent is $684, which is $255 (37%) higher than Lynchburg.
Olanta
Olanta is roughly 11 miles southeast of Lynchburg. The housing prices there are a bit more expensive. The median home cost in Olanta is $103,400, which is $29,800 (28%) higher than Lynchburg. Its rents are a lot more expensive. The median monthly rent in Olanta is $819, which is $390 (47%) higher than Lynchburg.
Turbeville
Turbeville is about 12 miles south of Lynchburg. Its housing prices are a lot more expensive. The median home in Turbeville costs $111,100, which is $37,500 (33%) higher than Lynchburg. The rent there is fairly similar. The median monthly rent in Turbeville is $435, which comes out to $6 (1%) higher than Lynchburg.
