LYNCHBURG Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Lynchburg averaged 7.24% for the week of 2024-05-16, compared to the national average of 7.02% for the same period.

The average rate for the prior week (2024-05-09) was 7.01% and one month ago for the week of 2024-04-11, the average rate was 7.1%.

Lynchburg's average rate one year ago was 6.57%.

For refis of the same type during the week of 2024-05-16, the average rate was 7.97%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-05-16 7.02%
Lynchburg 30 Year Fixed Rate 2024-05-16 7.24%
Lynchburg 30 Year Fixed Rate Refi 2024-05-16 7.97%
Lynchburg 15 Year Fixed Rate 2024-05-16 6.44%
Lynchburg 15 Year Fixed Rate Refi 2024-05-16 6.38%
Lynchburg 30 Year FHA 2024-05-16 6.92%
Lynchburg 30 Year FHA Refi 2024-05-16 6.64%
Lynchburg 30 Year USDA 2024-05-16 6.68%
Lynchburg 30 Year USDA Refi 2024-05-16 6.85%
Lynchburg 30 Year VA 2024-05-16 6.49%
Lynchburg 30 Year VA Refi 2024-05-16 6.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LYNCHBURG, VA.

LYNCHBURG Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the LYNCHBURG, VA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 197 6.80% $5,793
MOVEMENT MORTGAGE, LLC 133 6.71% $6,053
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 114 6.86% $6,396
Alcova Mortgage LLC 94 7.01% $3,578
Atlantic Coast Mortgage, LLC 65 6.82% $5,457
UNITED WHOLESALE MORTGAGE, LLC 60 6.58% $6,711
THRIVE MORTGAGE, LLC 58 6.66% $4,974
Truist 48 6.67% $4,728
NATION ONE MORTGAGE CORPORATION 42 6.51% $5,811
Renasant Bank 41 6.85% $4,517
EMBRACE HOME LOANS, INC. 39 6.83% $6,158
FIRST BANCORP 39 7.23% $5,266
NVR Mortgage Finance, Inc. 31 6.46% $5,049
EMM LOANS LLC 28 6.63% $7,263
First Reliance Bank 27 6.90% $4,569
PROVIDENT FUNDING ASSOCIATES, L.P. 23 6.41% $4,313
Wells Fargo Bank 23 6.76% $4,058
UNION HOME MORTGAGE CORP. 22 6.83% $4,622
Citizens Bank 20 6.71% $4,472
Integrity Home Mortgage Corp 19 7.04% $6,962
Atlantic Union Bank 18 6.86% $5,700
Prosperity Home Mortgage, LLC 16 6.98% $3,777
NAVY FEDERAL CREDIT UNION 16 6.55% $4,775
CENTRAL VIRGINIA 16 7.26% $4,513
Mr. Cooper ( Nationstar Mortgage ) 15 6.71% $9,251
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 6.75% $5,519
FREEDOM FIRST 14 6.70% $4,550
CALIBER HOME LOANS, INC. 14 6.25% $7,401
First-Citizens Bank & Trust Company 13 6.30% $3,816
NFM, INC. 12 7.07% $5,883
CNB Bank 11 6.20% $3,760
Bank of America 11 6.50% $3,879
VANDERBILT MORTGAGE AND FINANCE, INC. 11 7.97% $6,498
LOANDEPOT.COM, LLC 9 7.07% $4,638
MEMBER ONE 9 6.74% $3,693
American National Bank and Trust Company 9 6.58% $5,420
GUARANTEED RATE, INC. 8 6.84% $4,169
Assurance Financial Group, L.L.C. 8 6.99% $5,734
Virginia Credit Union, Inc. 8 6.97% $4,599
JPMorgan Chase Bank 8 7.19% $3,368
AMERISAVE MORTGAGE CORPORATION 7 6.77% $6,913
American Mortgage & Equity Consultants, Inc. 7 6.73% $6,596
USAA Federal Savings Bank 7 6.75% $4,258
PNC Bank 7 6.79% $4,047
FIRST COLONY MORTGAGE CORPORATION 6 7.54% $5,268
NEWREZ LLC 6 6.90% $6,050
MORTGAGE ACCESS CORP. 6 6.83% $8,123
Flagstar Bank, FSB 6 6.69% $7,046
U.S. Bank 6 6.23% $3,009
PENNYMAC LOAN SERVICES, LLC 6 6.81% $7,591
Mortgage Research Center, LLC 6 6.67% $5,917
Pinnacle Bank 5 6.45% $4,271
Member Options, LLC 5 6.23% $3,878
TD Bank 5 6.45% $4,898
Century Mortgage Company DBA Century Lending Company 4 6.84% $5,072
CARDINAL FINANCIAL 4 7.03% $6,132
CAPITAL CENTER, L.L.C. 4 6.81% $2,523
CMG MORTGAGE, INC. 4 6.31% $4,104
Blue Ridge Bank 4 7.22% $4,211
CROSSCOUNTRY MORTGAGE, LLC 4 6.77% $6,089
BETTER MORTGAGE CORPORATION 4 5.75% $4,658
GUARANTEED RATE AFFINITY, LLC 4 7.14% $6,447
First Heritage Mortgage, LLC 4 7.09% $5,752
PRIMELENDING, A PLAINSCAPITAL COMPANY 3 6.46% $8,268
21ST MORTGAGE CORPORATION 3 8.24% $5,663
Ally Bank 3 6.50% $4,897
AMERICAN FINANCING CORPORATION 3 6.87% $8,489
CBM Mortgage, Inc. 3 6.79% $3,398
DIRECT MORTGAGE LOANS, LLC 3 7.41% $6,639
Discover Bank 3 6.74% $0
DUPONT COMMUNITY 3 6.17% $3,592
First National Bank of Pennsylvania 3 6.08% $5,048
F & M BANK CORP. 3 6.67% $3,873
GSF Mortgage Corporation 3 5.96% $3,972
GUARANTY HOME MORTGAGE CORPORATION 3 6.17% $5,577
GUILD MORTGAGE COMPANY 3 7.33% $5,260
HOMESIDE FINANCIAL, LLC 3 7.21% $6,952
LANGLEY 3 6.13% $5,677
Sierra Pacific Mortgage Company, Inc. 3 6.92% $6,648
SOUTHERN TRUST MORTGAGE, LLC 3 6.67% $4,619
STATE EMPLOYEES' 3 6.48% $4,902
SWBC MORTGAGE CORPORATION 3 7.04% $9,028
Bank of England 2 7.69% $4,041
Carrington Mortgage Services, LLC 2 6.50% $6,902
Ameris Bank 2 7.50% $8,117
The Bank of Charlotte County 2 7.59% $3,677
INTERCOASTAL MORTGAGE COMPANY 2 7.00% $5,396
RELIANCE FIRST CAPITAL, LLC 2 7.00% $7,998
The Huntington National Bank 2 6.38% $6,654
Paramount Residential Mortgage Group, Inc. 2 7.38% $3,427
LAKEVIEW LOAN SERVICING, LLC 2 6.75% $8,119
NBKC BANK 2 6.25% $2,829
PENTAGON FEDERAL CREDIT UNION 2 6.25% $5,389
BROKER SOLUTIONS, INC. 2 6.50% $6,878
SIRVA MORTGAGE, INC. 2 6.63% $1,942
Plains Commerce Bank 2 6.19% $9,932
First Horizon Bank 2 6.75% $4,354
South State Bank 2 6.25% $5,846
UBS Bank USA 2 6.06% $4,054
HOMESPIRE MORTGAGE CORPORATION 2 7.38% $1,951
FIDELITY DIRECT MORTGAGE, LLC 2 6.12% $3,914
C & F Mortgage Corporation 2 7.00% $8,073
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 6.75% $13,436
George Mason Mortgage, LLC 2 7.38% $14,042
DEEPHAVEN MORTGAGE LLC 2 7.81% $13,156
Fulton Bank 2 6.81% $4,499
GENEVA FINANCIAL, LLC 2 6.50% $5,690
CONTOUR MORTGAGE CORPORATION 1 6.63% $8,192
COMPASS MORTGAGE, INC. 1 5.75% $3,540
Commerce Bank 1 5.88% $7,407
Colonial Savings, F.A. 1 6.50% $5,240
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.25% $5,536
COASTAL Federal Credit Union 1 6.00% $3,274
NATIONWIDE MORTGAGE BANKERS, INC. 1 7.38% $5,707
CHURCHILL MORTGAGE CORPORATION 1 5.99% $5,808
Charles Schwab Bank, SSB 1 5.45% $3,870
NexBank 1 6.88% $7,943
North American Savings Bank, F.S.B. 1 8.63% $6,319
Northpointe Bank 1 7.38% $4,194
OAKTREE FUNDING CORP. 1 8.38% $8,538
PATRIOT 1 9.13% $2,869
CANOPY MORTGAGE, LLC 1 6.88% $4,484
PLAZA HOME MORTGAGE, INC. 1 5.75% $12,268
BNC National Bank 1 5.88% $3,845
1st Summit Bank 1 7.24% $3,358
PROPONENT Federal Credit Union 1 6.50% $3,149
Barrington Bank & Trust Company, N.A. 1 6.75% $5,129
Aurora Financial, LLC 1 6.99% $2,961
Raymond James Bank 1 5.50% $3,292
ARK-LA-TEX FINANCIAL SERVICES, LLC. 1 6.49% $7,941
RESIDENTIAL HOME FUNDING CORP. 1 7.63% $4,116
ROYAL UNITED MORTGAGE LLC 1 7.50% $8,483
SeaTrust Mortgage Company 1 7.50% $9,149
ALLIED MORTGAGE GROUP, INC. 1 6.99% $6,746
ALLIANT CREDIT UNION 1 6.75% $3,650
Wyndham Capital Mortgage, Inc. 1 6.00% $3,001
S&T Bank 1 5.75% $2,975
SUCCESS MORTGAGE PARTNERS, INC. 1 7.13% $10,738
Summit Mortgage Corporation 1 7.00% $6,678
Suncoast Credit Union 1 5.63% $3,252
SUN WEST MORTGAGE COMPANY, INC. 1 7.25% $6,941
ZILLOW HOME LOANS, LLC 1 6.50% $4,270
The Camden National Bank 1 5.88% $3,025
The Central Trust Bank 1 5.38% $9,536
Third Federal Savings and Loan Association of Cleveland 1 6.14% $0
AmeriHome Mortgage Company, LLC 1 6.99% $4,992
Tidewater Home Funding, LLC 1 5.63% $10,256
TOTAL MORTGAGE SERVICES, LLC 1 6.75% $3,327
Towne Bank 1 7.88% $8,992
American Security Mortgage Corp. 1 6.25% $3,316
Truliant Federal Credit Union 1 5.50% $4,342
First Merchants Bank 1 7.25% $4,192
FIRST COMMUNITY MORTGAGE, INC. 1 6.50% $11,672
FIRST SAVINGS MORTGAGE CORPORATION 1 7.38% $7,389
FirstBank 1 6.75% $4,378
First Bank 1 5.38% $3,391
FREEDOM MORTGAGE CORPORATION 1 7.88% $6,538
Gateway First Bank 1 7.13% $3,678
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 8.13% $6,475
GRANITE FEDERAL CREDIT UNION 1 7.13% $3,225
GREENSTATE CREDIT UNION 1 5.75% $3,591
United Nations Federal Credit Union 1 7.38% $3,463
FIDELITY BANK 1 7.13% $5,476
AMERICAN INTERNET MORTGAGE, INC. 1 6.75% $3,158
AMERICAN FINANCIAL RESOURCES, INC. 1 6.38% $5,163
GVC MORTGAGE, INC. 1 6.25% $7,064
AMERICAN FINANCIAL NETWORK, INC. 1 6.50% $6,141
HOMESTEAD FUNDING CORP. 1 7.25% $5,218
Farm Credit of the Virginias, ACA 1 8.75% $1,713
Ixonia Bank 1 7.38% $7,305
EASTMAN 1 8.25% $5,800
KeyBank 1 6.00% $5,311
Kwik Mortgage Corporation 1 5.75% $1,602
AMCAP MORTGAGE, LTD. 1 5.88% $5,518
Leader Bank 1 6.13% $4,456
LIBRARY OF CONGRESS 1 6.88% $10,163
DAS Acquisition Company, LLC 1 6.99% $6,618
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 7.00% $5,600
MEMBERS 1ST FEDERAL CREDIT UNION 1 5.88% $3,083
Metro City Bank 1 7.25% $4,806
MISSION MORTGAGE LLC 1 5.25% $6,728
Morgan Stanley Private Bank 1 5.00% $3,655

LYNCHBURG Average Closing Costs & Other Stats

LYNCHBURG, VA's 182 lenders originated 5,161 loans during 2023. The total origination value was $1,137,445,000, with an average loan value of $220,392.

LYNCHBURG's average closing costs are $4,983.

The top LYNCHBURG lender as defined by loan originations is QUICKEN LOANS, LLC, with 197 loans originated. Their average total fees are $5,793, which is $260 lower than the next largest lender, MOVEMENT MORTGAGE, LLC.

The lowest fee LYNCHBURG lenders (with over 10 loans originated) are Alcova Mortgage LLC ($3,578), CNB Bank ($3,760), Prosperity Home Mortgage, LLC ($3,777), First-Citizens Bank & Trust Company ($3,816) and Bank of America ($3,879).

The lowest rate LYNCHBURG lenders (with over 10 loans originated) are CNB Bank (6.20%), CALIBER HOME LOANS, INC. (6.25%), First-Citizens Bank & Trust Company (6.30%), PROVIDENT FUNDING ASSOCIATES, L.P. (6.41%) and NVR Mortgage Finance, Inc. (6.46%).

LYNCHBURG, VA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
QUICKEN LOANS, LLC $111,045,000 $89,075,000 -19.8% 7.8%
MOVEMENT MORTGAGE, LLC $89,385,000 $56,870,000 -36.4% 5.0%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $60,650,000 $55,655,000 -8.2% 4.9%
Truist $100,290,000 $45,610,000 -54.5% 4.0%
Alcova Mortgage LLC $38,700,000 $42,560,000 10.0% 3.7%
UNITED WHOLESALE MORTGAGE, LLC $45,120,000 $34,835,000 -22.8% 3.1%
Atlantic Coast Mortgage, LLC $4,440,000 $29,070,000 554.7% 2.6%
Bank of the James $40,735,000 $26,075,000 -36.0% 2.3%
FREEDOM FIRST $57,595,000 $24,330,000 -57.8% 2.1%
FIRST BANCORP $32,560,000 $24,060,000 -26.1% 2.1%
MEMBER ONE $23,255,000 $23,595,000 1.5% 2.1%
GREYSTONE SERVICING COMPANY LLC $4,005,000 $23,450,000 485.5% 2.1%
EMBRACE HOME LOANS, INC. $58,265,000 $21,185,000 -63.6% 1.9%
Renasant Bank $37,565,000 $20,215,000 -46.2% 1.8%
THRIVE MORTGAGE, LLC $19,880,000 $20,095,000 1.1% 1.8%
Mortgage Research Center, LLC $23,890,000 $18,730,000 -21.6% 1.6%
NATION ONE MORTGAGE CORPORATION $33,920,000 $18,240,000 -46.2% 1.6%
Select Bank $14,235,000 $17,720,000 24.5% 1.6%
American National Bank and Trust Company $44,580,000 $15,205,000 -65.9% 1.3%
First-Citizens Bank & Trust Company $20,850,000 $13,625,000 -34.7% 1.2%
NVR Mortgage Finance, Inc. $1,355,000 $12,475,000 820.7% 1.1%
BERKELEY POINT CAPITAL LLC $17,845,000 $12,205,000 -31.6% 1.1%
CNB Bank $6,435,000 $11,770,000 82.9% 1.0%
First National Bank $17,280,000 $11,540,000 -33.2% 1.0%
Atlantic Union Bank $20,150,000 $10,920,000 -45.8% 1.0%
NAVY FEDERAL CREDIT UNION $15,705,000 $10,595,000 -32.5% 0.9%
Wells Fargo Bank $26,430,000 $10,435,000 -60.5% 0.9%
EMM LOANS LLC $14,315,000 $10,040,000 -29.9% 0.9%
Integrity Home Mortgage Corp $14,640,000 $9,800,000 -33.1% 0.9%
The Farmers Bank of Appomattox $20,990,000 $9,085,000 -56.7% 0.8%
CALIBER HOME LOANS, INC. $8,720,000 $9,030,000 3.6% 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,970,000 $8,610,000 73.2% 0.8%
UNION HOME MORTGAGE CORP. $4,290,000 $7,865,000 83.3% 0.7%
Bank of Botetourt $6,950,000 $7,620,000 9.6% 0.7%
Citizens Bank $30,400,000 $7,610,000 -75.0% 0.7%
LOANDEPOT.COM, LLC $15,915,000 $7,565,000 -52.5% 0.7%
CARDINAL FINANCIAL $14,110,000 $7,550,000 -46.5% 0.7%
NEWREZ LLC $3,550,000 $7,505,000 111.4% 0.7%
PROVIDENT FUNDING ASSOCIATES, L.P. $5,360,000 $7,200,000 34.3% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $11,335,000 $7,020,000 -38.1% 0.6%
Eastern Bank $7,005,000 n/a 0.6%
PENNYMAC LOAN SERVICES, LLC $9,305,000 $6,570,000 -29.4% 0.6%
Bank of America $9,520,000 $6,550,000 -31.2% 0.6%
FREEDOM MORTGAGE CORPORATION $13,830,000 $6,345,000 -54.1% 0.6%
First Reliance Bank $1,120,000 $6,035,000 438.8% 0.5%
VANDERBILT MORTGAGE AND FINANCE, INC. $7,825,000 $5,865,000 -25.0% 0.5%
TD Bank $990,000 $5,480,000 453.5% 0.5%
GREYSTONE FUNDING COMPANY LLC $5,405,000 n/a 0.5%
USAA Federal Savings Bank $6,665,000 $5,240,000 -21.4% 0.5%
CENTRAL VIRGINIA $7,255,000 $5,180,000 -28.6% 0.5%
Virginia Credit Union, Inc. $3,965,000 $5,110,000 28.9% 0.4%
NFM, INC. $4,950,000 $4,305,000 -13.0% 0.4%
Prosperity Home Mortgage, LLC $9,400,000 $4,160,000 -55.7% 0.4%
BLUE EAGLE CREDIT UNION $3,100,000 $4,065,000 31.1% 0.4%
Frontier Community Bank $4,065,000 n/a 0.4%
NORTHMARQ CAPITAL FINANCE, L.L.C. $4,055,000 n/a 0.4%
American Mortgage & Equity Consultants, Inc. $3,980,000 n/a 0.3%
SWBC MORTGAGE CORPORATION $5,895,000 $3,970,000 -32.7% 0.3%
PNC Bank $5,445,000 $3,840,000 -29.5% 0.3%
Flagstar Bank, FSB $5,130,000 $3,775,000 -26.4% 0.3%
GUARANTEED RATE, INC. $4,285,000 $3,655,000 -14.7% 0.3%
United Bank $20,455,000 $3,355,000 -83.6% 0.3%
Pinnacle Bank $205,000 $3,310,000 1,514.6% 0.3%
AMERICAN HERITAGE LENDING, INC. $4,410,000 $3,300,000 -25.2% 0.3%
MORTGAGE ACCESS CORP. $2,775,000 $3,295,000 18.7% 0.3%
CMG MORTGAGE, INC. $2,215,000 $3,025,000 36.6% 0.3%
Century Mortgage Company DBA Century Lending Company $205,000 $2,890,000 1,309.8% 0.3%
PENTAGON FEDERAL CREDIT UNION $5,055,000 $2,795,000 -44.7% 0.2%
Carter Bank & Trust $6,825,000 $2,780,000 -59.3% 0.2%
AMERISAVE MORTGAGE CORPORATION $7,595,000 $2,755,000 -63.7% 0.2%
Assurance Financial Group, L.L.C. $5,660,000 $2,700,000 -52.3% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $3,975,000 $2,675,000 -32.7% 0.2%
First Heritage Mortgage, LLC $2,400,000 $2,650,000 10.4% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $4,840,000 $2,470,000 -49.0% 0.2%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,625,000 $2,330,000 43.4% 0.2%
JPMorgan Chase Bank $5,195,000 $2,230,000 -57.1% 0.2%
Carrington Mortgage Services, LLC $2,305,000 $2,090,000 -9.3% 0.2%
STATE EMPLOYEES' $2,345,000 $2,080,000 -11.3% 0.2%
First National Bank of Pennsylvania $790,000 $2,065,000 161.4% 0.2%
GUILD MORTGAGE COMPANY $1,445,000 $2,065,000 42.9% 0.2%
NBKC BANK $1,815,000 $2,055,000 13.2% 0.2%
Discover Bank $1,225,000 $2,030,000 65.7% 0.2%
U.S. Bank $5,475,000 $2,015,000 -63.2% 0.2%
C & F Mortgage Corporation $2,620,000 $1,990,000 -24.0% 0.2%
CAPITAL CENTER, L.L.C. $5,115,000 $1,980,000 -61.3% 0.2%
Plains Commerce Bank $390,000 $1,895,000 385.9% 0.2%
RELIANCE FIRST CAPITAL, LLC $1,525,000 $1,890,000 23.9% 0.2%
FIRST COLONY MORTGAGE CORPORATION $1,870,000 n/a 0.2%
Ameris Bank $3,055,000 $1,855,000 -39.3% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $2,065,000 $1,850,000 -10.4% 0.2%
The Huntington National Bank $410,000 $1,830,000 346.3% 0.2%
LOANPAL, LLC $1,305,000 $1,775,000 36.0% 0.2%
BETTER MORTGAGE CORPORATION $3,935,000 $1,715,000 -56.4% 0.2%
First Horizon Bank $810,000 $1,700,000 109.9% 0.1%
The Bank of Charlotte County $1,675,000 n/a 0.1%
Blue Ridge Bank $11,955,000 $1,650,000 -86.2% 0.1%
21ST MORTGAGE CORPORATION $1,335,000 $1,620,000 21.3% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $945,000 $1,615,000 70.9% 0.1%
Member Options, LLC $1,475,000 n/a 0.1%
VILLAGE CAPITAL MORTGAGE $1,105,000 $1,460,000 32.1% 0.1%
Colonial Farm Credit, ACA $405,000 $1,445,000 256.8% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $2,460,000 $1,440,000 -41.5% 0.1%
The Federal Savings Bank $1,380,000 $1,370,000 -0.7% 0.1%
AMERICAN FINANCING CORPORATION $2,980,000 $1,355,000 -54.5% 0.1%
LAKEVIEW LOAN SERVICING, LLC $5,170,000 $1,320,000 -74.5% 0.1%
HOMESIDE FINANCIAL, LLC $1,330,000 $1,315,000 -1.1% 0.1%
GUARANTEED RATE AFFINITY, LLC $460,000 $1,310,000 184.8% 0.1%
LANGLEY $510,000 $1,290,000 152.9% 0.1%
PLAZA HOME MORTGAGE, INC. $270,000 $1,285,000 375.9% 0.1%
George Mason Mortgage, LLC $4,715,000 $1,280,000 -72.9% 0.1%
SOUTHWEST STAGE FUNDING, LLC $2,965,000 $1,260,000 -57.5% 0.1%
SOUTHERN TRUST MORTGAGE, LLC $1,255,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $3,870,000 $1,235,000 -68.1% 0.1%
TOWNE MORTGAGE COMPANY $370,000 $1,210,000 227.0% 0.1%
Paramount Residential Mortgage Group, Inc. $3,075,000 $1,200,000 -61.0% 0.1%
Commerce Bank $1,155,000 n/a 0.1%
BROKER SOLUTIONS, INC. $6,550,000 $1,110,000 -83.1% 0.1%
Mid-Continent Funding, Inc. $275,000 $1,075,000 290.9% 0.1%
Figure Lending LLC $1,115,000 $1,070,000 -4.0% 0.1%
Ally Bank $1,870,000 $1,060,000 -43.3% 0.1%
Fulton Bank $2,575,000 $1,055,000 -59.0% 0.1%
AMERICAN FINANCIAL NETWORK, INC. $1,030,000 n/a 0.1%
FIRST SAVINGS MORTGAGE CORPORATION $485,000 $1,030,000 112.4% 0.1%
F & M BANK CORP. $1,660,000 $1,030,000 -38.0% 0.1%
ROYAL UNITED MORTGAGE LLC $1,325,000 $1,020,000 -23.0% 0.1%
The Central Trust Bank $1,255,000 $1,010,000 -19.5% 0.1%
Citadel Servicing Corporation $175,000 $985,000 462.9% 0.1%
Sierra Pacific Mortgage Company, Inc. $940,000 n/a 0.1%
FIDELITY DIRECT MORTGAGE, LLC $275,000 $910,000 230.9% 0.1%
Towne Bank $1,255,000 $885,000 -29.5% 0.1%
Lakeview Community Capital, LLC $515,000 $875,000 69.9% 0.1%
CBM Mortgage, Inc. $525,000 $870,000 65.7% 0.1%
SIRVA MORTGAGE, INC. $865,000 n/a 0.1%
NATIONS DIRECT MORTGAGE, LLC $320,000 $850,000 165.6% 0.1%
HOMEXPRESS MORTGAGE CORP. $900,000 $825,000 -8.3% 0.1%
DUPONT COMMUNITY $4,440,000 $815,000 -81.6% 0.1%
Third Federal Savings and Loan Association of Cleveland $890,000 $815,000 -8.4% 0.1%
HOMESPIRE MORTGAGE CORPORATION $1,435,000 $810,000 -43.6% 0.1%
Waterstone Mortgage Corporation $1,370,000 $790,000 -42.3% 0.1%
PLANET HOME LENDING, LLC $885,000 $775,000 -12.4% 0.1%
DEEPHAVEN MORTGAGE LLC $2,160,000 $770,000 -64.4% 0.1%
INTERCOASTAL MORTGAGE COMPANY $2,550,000 $755,000 -70.4% 0.1%
South State Bank $2,205,000 $750,000 -66.0% 0.1%
Citizens Bank and Trust Company $90,000 $735,000 716.7% 0.1%
Wyndham Capital Mortgage, Inc. $410,000 $730,000 78.0% 0.1%
UBS Bank USA $905,000 $720,000 -20.4% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $450,000 $710,000 57.8% 0.1%
Bank of Oak Ridge $255,000 $705,000 176.5% 0.1%
EASTMAN $695,000 n/a 0.1%
SeaTrust Mortgage Company $425,000 $665,000 56.5% 0.1%
The Freedom Bank of Virginia $125,000 $655,000 424.0% 0.1%
DIRECT MORTGAGE LOANS, LLC $645,000 $645,000 0.0% 0.1%
Leader Bank $645,000 n/a 0.1%
MILEND, INC. $400,000 $640,000 60.0% 0.1%
Bank of England $1,385,000 $625,000 -54.9% 0.1%
DHI MORTGAGE COMPANY, LTD. $620,000 n/a 0.1%
GUARANTY HOME MORTGAGE CORPORATION $11,440,000 $620,000 -94.6% 0.1%
FINANCE OF AMERICA REVERSE LLC $900,000 $615,000 -31.7% 0.1%
Citizens and Farmers Bank $45,000 $605,000 1,244.4% 0.1%
FIRST ALLIANCE HOME MORTGAGE, LLC $600,000 n/a 0.1%
Metro City Bank $695,000 $595,000 -14.4% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $940,000 $575,000 -38.8% 0.1%
CLEARPATH LENDING $1,130,000 $570,000 -49.6% 0.1%
GSF Mortgage Corporation $185,000 $565,000 205.4% 0.0%
GENERAL ELECTRIC EMPLOYEES FEDERAL CREDIT UNION $415,000 $555,000 33.7% 0.0%
Ixonia Bank $1,380,000 $540,000 -60.9% 0.0%
SPRING EQ, LLC $355,000 $530,000 49.3% 0.0%
ZILLOW HOME LOANS, LLC $960,000 $530,000 -44.8% 0.0%
Morgan Stanley Private Bank $375,000 $525,000 40.0% 0.0%
M&T Bank $1,305,000 $510,000 -60.9% 0.0%
FAY SERVICING, LLC $525,000 $485,000 -7.6% 0.0%
First Bank $165,000 $485,000 193.9% 0.0%
LENDINGHOME FUNDING CORPORATION $605,000 $485,000 -19.8% 0.0%
Presidential Bank, FSB $2,690,000 $480,000 -82.2% 0.0%
KeyBank $1,160,000 $475,000 -59.1% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $470,000 n/a 0.0%
The Old Point National Bank of Phoebus $425,000 $445,000 4.7% 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $125,000 $440,000 252.0% 0.0%
Tidewater Home Funding, LLC $215,000 $425,000 97.7% 0.0%
CHURCHILL MORTGAGE CORPORATION $1,540,000 $420,000 -72.7% 0.0%
LENDINGONE, LLC $175,000 $420,000 140.0% 0.0%
AmeriHome Mortgage Company, LLC $1,245,000 $415,000 -66.7% 0.0%
GENEVA FINANCIAL, LLC $225,000 $415,000 84.4% 0.0%
TIDEWATER MORTGAGE SERVICES, INC. $885,000 $415,000 -53.1% 0.0%
Truliant Federal Credit Union $725,000 $415,000 -42.8% 0.0%
AgFirst Farm Credit Bank $1,395,000 $395,000 -71.7% 0.0%
Aurora Financial, LLC $195,000 $395,000 102.6% 0.0%
Gateway First Bank $135,000 $395,000 192.6% 0.0%
Suncoast Credit Union $395,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $155,000 $390,000 151.6% 0.0%
TOTAL MORTGAGE SERVICES, LLC $295,000 $390,000 32.2% 0.0%
CANOPY MORTGAGE, LLC $385,000 n/a 0.0%
University Bank $385,000 n/a 0.0%
OAKTREE FUNDING CORP. $185,000 $370,000 100.0% 0.0%
Northpointe Bank $1,655,000 $365,000 -77.9% 0.0%
Barrington Bank & Trust Company, N.A. $800,000 $355,000 -55.6% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $340,000 n/a 0.0%
BNC National Bank $760,000 $335,000 -55.9% 0.0%
TRIAD FINANCIAL SERVICES, INC. $120,000 $330,000 175.0% 0.0%
CALCON MUTUAL MORTGAGE LLC $325,000 n/a 0.0%
COASTAL Federal Credit Union $1,140,000 $325,000 -71.5% 0.0%
BECKAM FUNDING CORP. $315,000 n/a 0.0%
DAS Acquisition Company, LLC $305,000 n/a 0.0%
Summit Mortgage Corporation $305,000 n/a 0.0%
Equity Prime Mortgage LLC $385,000 $300,000 -22.1% 0.0%
CONTOUR MORTGAGE CORPORATION $295,000 n/a 0.0%
LIBERTY HOME MORTGAGE CORPORATION $295,000 n/a 0.0%
TOP FLITE FINANCIAL, INC. $290,000 n/a 0.0%
1st Summit Bank $325,000 $285,000 -12.3% 0.0%
MISSION MORTGAGE LLC $285,000 n/a 0.0%
ValleyStar Credit Union $2,335,000 $280,000 -88.0% 0.0%
Farm Credit of the Virginias, ACA $970,000 $275,000 -71.6% 0.0%
GoPrime Mortgage, Inc. $75,000 $275,000 266.7% 0.0%
Legends Bank $275,000 n/a 0.0%
MIDLAND MORTGAGE CORPORATION $260,000 $275,000 5.8% 0.0%
North American Savings Bank, F.S.B. $2,125,000 $275,000 -87.1% 0.0%
Charles Schwab Bank, SSB $3,610,000 $265,000 -92.7% 0.0%
First Bank $165,000 $255,000 54.5% 0.0%
GRANITE FEDERAL CREDIT UNION $255,000 n/a 0.0%
RESIDENTIAL HOME FUNDING CORP. $255,000 n/a 0.0%
AMERICAN INTERNET MORTGAGE, INC. $245,000 n/a 0.0%
FIDELITY BANK $245,000 n/a 0.0%
NETWORK CAPITAL FUNDING CORPORATION $1,690,000 $245,000 -85.5% 0.0%
FirstBank $1,715,000 $235,000 -86.3% 0.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,785,000 $235,000 -86.8% 0.0%
Shore United Bank $235,000 n/a 0.0%
SUCCESS MORTGAGE PARTNERS, INC. $265,000 $235,000 -11.3% 0.0%
Coastal Community Bank $225,000 n/a 0.0%
Colonial Savings, F.A. $265,000 $225,000 -15.1% 0.0%
Kwik Mortgage Corporation $1,645,000 $225,000 -86.3% 0.0%
LIBRARY OF CONGRESS $225,000 n/a 0.0%
NexBank $225,000 n/a 0.0%
PHH Mortgage Corporation $615,000 $225,000 -63.4% 0.0%
Skyline National Bank $260,000 $225,000 -13.5% 0.0%
VILLAGE BANK MORTGAGE CORPORATION $160,000 $225,000 40.6% 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,040,000 $215,000 -89.5% 0.0%
First Merchants Bank $215,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $215,000 n/a 0.0%
The State Bank and Trust Company $215,000 n/a 0.0%
Kish Bank $205,000 n/a 0.0%
MEMBERS 1ST FEDERAL CREDIT UNION $205,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $880,000 $195,000 -77.8% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $1,975,000 $195,000 -90.1% 0.0%
Appalachian Community Federal Credit Union $185,000 n/a 0.0%
C&F Select LLC $185,000 n/a 0.0%
COMPASS MORTGAGE, INC. $105,000 $185,000 76.2% 0.0%
HOMESTEAD FUNDING CORP. $185,000 n/a 0.0%
Northwest Federal Credit Union $420,000 $185,000 -56.0% 0.0%
GVC MORTGAGE, INC. $175,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $175,000 n/a 0.0%
A&D Mortgage LLC $235,000 $165,000 -29.8% 0.0%
ALLIANT CREDIT UNION $105,000 $165,000 57.1% 0.0%
GMFS LLC $165,000 n/a 0.0%
LOANLEADERS OF AMERICA, INC. $165,000 n/a 0.0%
PATRIOT $165,000 n/a 0.0%
PROPONENT Federal Credit Union $125,000 $165,000 32.0% 0.0%
MID AMERICA MORTGAGE, INC. $590,000 $160,000 -72.9% 0.0%
ALLIED MORTGAGE GROUP, INC. $145,000 $155,000 6.9% 0.0%
Hometown Equity Mortgage, LLC $205,000 $155,000 -24.4% 0.0%
MASON MCDUFFIE MORTGAGE CORPORATION $155,000 n/a 0.0%
Raymond James Bank $155,000 n/a 0.0%
S&T Bank $155,000 n/a 0.0%
NATIONAL INSTITUTES OF HEALTH FEDERAL CREDIT UNION $145,000 n/a 0.0%
RANLIFE, INC. $145,000 n/a 0.0%
OCMBC, INC. $140,000 n/a 0.0%
United Nations Federal Credit Union $135,000 n/a 0.0%
AMCAP MORTGAGE, LTD. $125,000 n/a 0.0%
Community Trust Bank, Inc. $125,000 n/a 0.0%
GREENSTATE CREDIT UNION $125,000 n/a 0.0%
HighTechLending Inc $125,000 n/a 0.0%
Univest Bank and Trust Co. $125,000 n/a 0.0%
NEXTMARK $115,000 n/a 0.0%
American Security Mortgage Corp. $85,000 $105,000 23.5% 0.0%
ATLANTA POSTAL $105,000 n/a 0.0%
DOMINION ENERGY CREDIT UNION $105,000 n/a 0.0%
Benchmark Community Bank $100,000 n/a 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $910,000 $95,000 -89.6% 0.0%
Southern Bank and Trust Company $380,000 $95,000 -75.0% 0.0%
UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION,INC. $385,000 $90,000 -76.6% 0.0%
COMMONWEALTH ONE FEDERAL CREDIT UNION $85,000 n/a 0.0%
First Community Bank $1,755,000 $85,000 -95.2% 0.0%
LOCAL GOVERNMENT FEDERAL CREDIT UNION $85,000 n/a 0.0%
The Camden National Bank $85,000 n/a 0.0%
Connexus Credit Union $75,000 n/a 0.0%
CHARTWAY FEDERAL CREDIT UNION $65,000 n/a 0.0%
HANSCOM $475,000 $65,000 -86.3% 0.0%
JUSTICE Federal Credit Union $65,000 n/a 0.0%
The Fidelity Bank $1,340,000 $65,000 -95.1% 0.0%
TOWER $555,000 $65,000 -88.3% 0.0%
GEORGIA'S OWN $165,000 $55,000 -66.7% 0.0%
Signature Federal Credit Union $55,000 n/a 0.0%
State Department Federal Credit Union $55,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $45,000 $45,000 0.0% 0.0%
Celco Community Federal Credit Union $45,000 n/a 0.0%
Bethpage Federal Credit Union $335,000 $25,000 -92.5% 0.0%
HomeTrust Bank $235,000 $25,000 -89.4% 0.0%

LYNCHBURG's top lender by overall market share is QUICKEN LOANS, LLC, with 7.8% market share. In second place, with 5.0%, is MOVEMENT MORTGAGE, LLC, having originated $56,870,000 in loans. In third place, with 4.9%, is ATLANTIC BAY MORTGAGE GROUP, L.L.C., having originated $55,655,000 in loans. In fourth place, with 4.0%, is Truist, having originated $45,610,000 in loans. In fifth place, with 3.7%, is Alcova Mortgage LLC, having originated $42,560,000 in loans.


LYNCHBURG Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - LYNCHBURG (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $219,900 (15.8%) $285,047 (10.3%) 0.82 996
2018-02-01 $221,950 (14.0%) $283,114 (7.2%) 0.81 990
2018-03-01 $229,900 (15.0%) $289,916 (6.3%) 0.81 1,065
2018-04-01 $232,700 (16.4%) $293,423 (8.3%) 0.79 1,119
2018-05-01 $138,800 (-33.9%) $214,187 (-22.6%) 0.46 2,080
2018-06-01 $139,900 (-33.2%) $216,018 (-21.4%) 0.47 2,164
2018-07-01 $139,450 (-32.0%) $214,095 (-22.6%) 0.47 2,199
2018-08-01 $136,250 (-35.1%) $211,025 (-24.6%) 0.46 2,190
2018-09-01 $134,925 (-40.0%) $208,440 (-27.9%) 0.45 2,241
2018-10-01 $132,125 (-39.9%) $205,276 (-28.7%) 0.45 2,219
2018-11-01 $127,500 (-42.0%) $200,669 (-29.4%) 0.43 2,182
2018-12-01 $119,950 (-45.5%) $194,361 (-31.1%) 0.41 2,078
2019-01-01 $119,900 (-45.5%) $192,948 (-32.3%) 0.41 1,898
2019-02-01 $115,225 (-48.1%) $191,941 (-32.2%) 0.39 1,859
2019-03-01 $168,386 (-26.8%) $236,713 (-18.4%) 0.55 1,470
2019-04-01 $239,913 (3.1%) $296,802 (1.2%) 0.76 980
2019-05-01 $241,475 (74.0%) $302,782 (41.4%) 0.75 991
2019-06-01 $239,900 (71.5%) $306,485 (41.9%) 0.75 989
2019-07-01 $241,200 (73.0%) $310,959 (45.2%) 0.76 996
2019-08-01 $241,973 (77.6%) $319,339 (51.3%) 0.77 1,006
2019-09-01 $246,432 (82.6%) $333,173 (59.8%) 0.79 1,017
2019-10-01 $244,405 (85.0%) $337,067 (64.2%) 0.79 1,025
2019-11-01 $235,000 (84.3%) $333,901 (66.4%) 0.77 989
2019-12-01 $230,750 (92.4%) $302,138 (55.5%) 0.77 903
2020-01-01 $238,800 (99.2%) $304,595 (57.9%) 0.80 818
2020-02-01 $249,500 (116.5%) $312,072 (62.6%) 0.82 770
2020-03-01 $252,450 (49.9%) $321,029 (35.6%) 0.79 763
2020-04-01 $253,400 (5.6%) $325,967 (9.8%) 0.79 781
2020-05-01 $255,000 (5.6%) $336,538 (11.2%) 0.78 683
2020-06-01 $266,150 (10.9%) $350,179 (14.3%) 0.78 620
2020-07-01 $261,950 (8.6%) $404,081 (30.0%) 0.76 578
2020-08-01 $259,900 (7.4%) $407,743 (27.7%) 0.74 553
2020-09-01 $259,000 (5.1%) $400,737 (20.3%) 0.74 550
2020-10-01 $249,000 (1.9%) $406,716 (20.7%) 0.71 556
2020-11-01 $249,900 (6.3%) $409,487 (22.6%) 0.73 544
2020-12-01 $244,913 (6.1%) $421,895 (39.6%) 0.73 495
2021-01-01 $249,900 (4.7%) $438,160 (43.9%) 0.75 413
2021-02-01 $256,150 (2.7%) $474,912 (52.2%) 0.75 338
2021-03-01 $257,400 (2.0%) $473,087 (47.4%) 0.73 352
2021-04-01 $277,325 (9.4%) $507,128 (55.6%) 0.75 332
2021-05-01 $274,975 (7.8%) $464,859 (38.1%) 0.73 343
2021-06-01 $288,650 (8.5%) $469,332 (34.0%) 0.76 367
2021-07-01 $279,900 (6.9%) $448,163 (10.9%) 0.74 434
2021-08-01 $277,675 (6.8%) $439,546 (7.8%) 0.74 448
2021-09-01 $290,550 (12.2%) $450,514 (12.4%) 0.77 457
2021-10-01 $289,900 (16.4%) $447,457 (10.0%) 0.77 445
2021-11-01 $295,350 (18.2%) $454,990 (11.1%) 0.79 392
2021-12-01 $289,900 (18.4%) $402,412 (-4.6%) 0.79 338
2022-01-01 $284,900 (14.0%) $355,839 (-18.8%) 0.77 279
2022-02-01 $297,000 (16.0%) $363,157 (-23.5%) 0.77 266
2022-03-01 $322,450 (25.3%) $387,313 (-18.1%) 0.81 264
2022-04-01 $324,988 (17.2%) $387,493 (-23.6%) 0.77 266
2022-05-01 $329,675 (19.9%) $395,404 (-14.9%) 0.75 330
2022-06-01 $334,575 (15.9%) $396,615 (-15.5%) 0.75 395
2022-07-01 $330,000 (17.9%) $411,383 (-8.2%) 0.74 460
2022-08-01 $334,450 (20.5%) $412,731 (-6.1%) 0.77 457
2022-09-01 $317,450 (9.3%) $401,510 (-10.9%) 0.74 435
2022-10-01 $329,900 (13.8%) $409,964 (-8.4%) 0.78 428
2022-11-01 $336,975 (14.1%) $418,160 (-8.1%) 0.81 437
2022-12-01 $329,000 (13.5%) $401,317 (-0.3%) 0.81 396
2023-01-01 $323,500 (13.6%) $399,877 (12.4%) 0.80 369
2023-02-01 $329,913 (11.1%) $406,774 (12.0%) 0.80 334
2023-03-01 $339,450 (5.3%) $418,526 (8.1%) 0.80 348
2023-04-01 $334,900 (3.1%) $420,821 (8.6%) 0.78 379
2023-05-01 $329,500 (-0.1%) $431,384 (9.1%) 0.75 401
2023-06-01 $348,650 (4.2%) $457,478 (15.4%) 0.78 419
2023-07-01 $349,250 (5.8%) $456,974 (11.1%) 0.79 449
2023-08-01 $349,350 (4.5%) $462,692 (12.1%) 0.80 514
2023-09-01 $332,450 (4.7%) $443,546 (10.5%) 0.77 506
2023-10-01 $339,450 (2.9%) $436,305 (6.4%) 0.80 552
2023-11-01 $347,000 (3.0%) $443,251 (6.0%) 0.83 570
2023-12-01 $339,900 (3.3%) $441,167 (9.9%) 0.83 538
2024-01-01 $339,950 (5.1%) $443,663 (11.0%) 0.83 513
2024-02-01 $334,475 (1.4%) $430,428 (5.8%) 0.81 512
2024-03-01 $337,380 (-0.6%) $439,389 (5.0%) 0.79 518
2024-04-01 $344,900 (3.0%) $436,910 (3.8%) 0.80 537
LYNCHBURG's median listing price for 2024-04-01 was $344,900, a difference of $10,000 (3.0%) versus the prior year and $7,520 versus the prior month.

LYNCHBURG's median listing price comes in at 80% of the national average.

LYNCHBURG's average listing price for 2024-04-01 was $436,910, a difference of $16,089 (3.8%) versus the prior year and $-2,479 versus the prior month.

For the 2024-04-01 period, LYNCHBURG had 537 MLS listings, a difference of 19 listings (4%) versus the prior month and 158 listings (42%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - LYNCHBURG (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 93 days 1,973 sqft
2018-02-01 86 days 1,976 sqft
2018-03-01 64 days 1,990 sqft
2018-04-01 56 days 2,023 sqft
2018-05-01 78 days 2,049 sqft
2018-06-01 82 days 2,084 sqft
2018-07-01 86 days 2,051 sqft
2018-08-01 86 days 2,016 sqft
2018-09-01 88 days 2,005 sqft
2018-10-01 89 days 1,988 sqft
2018-11-01 94 days 1,947 sqft
2018-12-01 110 days 1,920 sqft
2019-01-01 115 days 1,953 sqft
2019-02-01 116 days 1,952 sqft
2019-03-01 90 days 1,992 sqft
2019-04-01 55 days 2,015 sqft
2019-05-01 55 days 2,001 sqft
2019-06-01 57 days 2,070 sqft
2019-07-01 62 days 2,109 sqft
2019-08-01 64 days 2,081 sqft
2019-09-01 66 days 2,052 sqft
2019-10-01 67 days 2,021 sqft
2019-11-01 74 days 1,984 sqft
2019-12-01 82 days 1,955 sqft
2020-01-01 88 days 1,959 sqft
2020-02-01 75 days 1,968 sqft
2020-03-01 57 days 1,984 sqft
2020-04-01 59 days 1,992 sqft
2020-05-01 66 days 2,001 sqft
2020-06-01 64 days 2,097 sqft
2020-07-01 58 days 2,095 sqft
2020-08-01 52 days 2,095 sqft
2020-09-01 53 days 2,042 sqft
2020-10-01 51 days 1,891 sqft
2020-11-01 60 days 1,909 sqft
2020-12-01 65 days 1,867 sqft
2021-01-01 72 days 1,850 sqft
2021-02-01 69 days 1,850 sqft
2021-03-01 47 days 1,841 sqft
2021-04-01 43 days 1,885 sqft
2021-05-01 43 days 1,872 sqft
2021-06-01 41 days 1,887 sqft
2021-07-01 38 days 1,880 sqft
2021-08-01 42 days 1,932 sqft
2021-09-01 42 days 1,896 sqft
2021-10-01 46 days 1,875 sqft
2021-11-01 51 days 1,873 sqft
2021-12-01 58 days 1,793 sqft
2022-01-01 61 days 1,730 sqft
2022-02-01 46 days 1,746 sqft
2022-03-01 36 days 1,870 sqft
2022-04-01 37 days 1,884 sqft
2022-05-01 33 days 1,913 sqft
2022-06-01 33 days 1,967 sqft
2022-07-01 39 days 1,962 sqft
2022-08-01 49 days 1,941 sqft
2022-09-01 51 days 1,852 sqft
2022-10-01 51 days 1,817 sqft
2022-11-01 51 days 1,871 sqft
2022-12-01 61 days 1,800 sqft
2023-01-01 61 days 1,792 sqft
2023-02-01 44 days 1,733 sqft
2023-03-01 44 days 1,817 sqft
2023-04-01 38 days 1,800 sqft
2023-05-01 40 days 1,763 sqft
2023-06-01 47 days 1,898 sqft
2023-07-01 42 days 1,857 sqft
2023-08-01 41 days 1,877 sqft
2023-09-01 50 days 1,895 sqft
2023-10-01 46 days 1,878 sqft
2023-11-01 52 days 1,865 sqft
2023-12-01 60 days 1,871 sqft
2024-01-01 59 days 1,832 sqft
2024-02-01 50 days 1,775 sqft
2024-03-01 51 days 1,784 sqft
2024-04-01 47 days 1,788 sqft
LYNCHBURG's median listing age (time on market) for 2024-04-01 was 47 days. This is 24% longer than the same period one year ago.

LYNCHBURG's median square footage for active listings during the 2024-04-01 period was 1,788 sqft. One year prior, the average listing was 1,800 sqft.

LYNCHBURG, VA Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
22922 Lynchburg, VA MSA $930 $960 $1,140 $1,410 $1,770
22967 Lynchburg, VA MSA $930 $960 $1,140 $1,410 $1,770
23958 Lynchburg, VA MSA $780 $790 $900 $1,220 $1,350
23960 Lynchburg, VA MSA $770 $780 $890 $1,200 $1,330
23963 Lynchburg, VA MSA $730 $740 $840 $1,140 $1,260
24064 Lynchburg, VA MSA $690 $750 $900 $1,230 $1,380
24095 Lynchburg, VA MSA $900 $920 $1,040 $1,410 $1,560
24101 Lynchburg, VA MSA $830 $840 $1,090 $1,350 $1,510
24104 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24121 Lynchburg, VA MSA $850 $860 $1,030 $1,340 $1,490
24122 Lynchburg, VA MSA $680 $730 $860 $1,170 $1,310
24139 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24174 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24179 Lynchburg, VA MSA $690 $740 $900 $1,230 $1,380
24483 Lynchburg, VA MSA $930 $960 $1,140 $1,410 $1,770
24501 Lynchburg, VA MSA $830 $850 $960 $1,300 $1,440
24502 Lynchburg, VA MSA $980 $990 $1,130 $1,540 $1,690
24503 Lynchburg, VA MSA $810 $820 $930 $1,260 $1,390
24504 Lynchburg, VA MSA $830 $850 $960 $1,300 $1,440
24505 Lynchburg, VA MSA $840 $850 $970 $1,320 $1,450
24506 Lynchburg, VA MSA $840 $850 $970 $1,320 $1,450
24513 Lynchburg, VA MSA $840 $850 $970 $1,320 $1,450
24517 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24521 Lynchburg, VA MSA $930 $960 $1,140 $1,410 $1,770
24522 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24523 Lynchburg, VA MSA $810 $820 $930 $1,260 $1,390
24526 Lynchburg, VA MSA $850 $860 $980 $1,330 $1,470
24528 Lynchburg, VA MSA $750 $770 $870 $1,180 $1,300
24533 Lynchburg, VA MSA $730 $740 $840 $1,140 $1,260
24536 Lynchburg, VA MSA $830 $850 $960 $1,300 $1,430
24538 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24550 Lynchburg, VA MSA $740 $760 $860 $1,170 $1,290
24551 Lynchburg, VA MSA $900 $920 $1,040 $1,410 $1,560
24553 Lynchburg, VA MSA $930 $960 $1,140 $1,410 $1,770
24554 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24556 Lynchburg, VA MSA $860 $870 $990 $1,340 $1,480
24569 Lynchburg, VA MSA $730 $740 $840 $1,140 $1,260
24570 Lynchburg, VA MSA $850 $860 $980 $1,330 $1,470
24571 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24572 Lynchburg, VA MSA $700 $710 $810 $1,100 $1,210
24574 Lynchburg, VA MSA $780 $790 $900 $1,220 $1,350
24576 Lynchburg, VA MSA $730 $740 $840 $1,140 $1,260
24588 Lynchburg, VA MSA $690 $700 $790 $1,080 $1,190
24593 Lynchburg, VA MSA $740 $750 $850 $1,160 $1,270
24595 Lynchburg, VA MSA $760 $770 $880 $1,190 $1,320

2022 Average & Median Rent Data Statistics
LYNCHBURG, VA average 1BR rent: $806, median: $790
LYNCHBURG, VA average 2BR rent: $927, median: $900
LYNCHBURG, VA average 3BR rent: $1,241, median: $1,230

LYNCHBURG, VA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,995 $769,185,000 $256,823
Cash Out Refi 602 $123,010,000 $204,336
Other 560 $52,210,000 $93,232
Refi 535 $118,125,000 $220,794
Home Improvement 468 $40,910,000 $87,415
NA 1 $34,005,000 $34,005,000

Lynchburg's most frequently cited loan purpose was Home Purchase, with 2,995 originations. The 2nd most popular reason was Cash Out Refi, with 602 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,917 $447,735,000 $233,560
7-8% 1,224 $252,980,000 $206,683
Over 8% 740 $88,250,000 $119,257
5-6% 730 $218,270,000 $299,000
4-5% 135 $23,885,000 $176,926
3-4% 12 $1,310,000 $109,167
2.5-3% 6 $860,000 $143,333
<2.5% 2 $50,000 $25,000

During 2023, Lynchburg's most frequently originated rate bucket was 6-7%, with 1,917 originations.

Loan Sizing (LYNCHBURG, VA MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 1,806 $490,040,000 $271,340
$100k-200k 1,638 $242,070,000 $147,784
$100,000 or less 1,291 $69,485,000 $53,823
$400k-600k 287 $134,845,000 $469,843
$600k-1000k 106 $76,640,000 $723,019
$Over $1MM 33 $124,365,000 $3,768,636

LYNCHBURG's loan sizing saw the bucket of loans from $200k-400k with 1,806 originations, totaling $490,040,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,953 $518,305,000 $265,389
60-80% 1,003 $287,895,000 $287,034
Under 20% 658 $31,170,000 $47,371
20-40% 619 $63,865,000 $103,174
40-60% 438 $128,730,000 $293,904
Over 100% 75 $23,495,000 $313,267

LYNCHBURG's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,953 originations, totaling $518,305,000 in origination value.