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Lynchburg Metro Area Housing

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As of 2010-2014, median price of a house in Lynchburg Area is $162,000, which is lower than the state average of $243,500 and is lower than the national average of $175,700. The median year that a house in Lynchburg Area was built is 1978, which is older than the median year for a house built in the state which is 1980 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 70,396 Owner Occupied Houses in Lynchburg Area, #225

Lynchburg Area	162,000 USD
Virginia	243,500 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Lynchburg Area	13.68%
Virginia	94.18%
U.S.	46.91%

*The Lynchburg Area median house price growth rate is since 2005-2009. The Virginia and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Lynchburg Area	Virginia	U.S.
Total Housing Units	113,464, see rank, 100%	3,403,241	132,741,033
Occupied Housing Units	98,815, 87.09%, see rank	89.38%	87.55%
Owner Occupied	70,396, 62.04%, see rank	59.60%	56.34%
Renter Occupied	28,419, 25.05%, see rank	29.78%	31.21%
Vacant Housing Units	14,649, 12.91%, see rank	10.62%	12.45%
For Rent	1,704, 1.50%, see rank	2.10%	2.34%
For Sale Only	1,409, 1.24%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	921, 0.81%, see rank	1.20%	0.92%
For Seasonal, Recreational, or Occasional Use	3,509, 3.09%, see rank	2.67%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.02%	0.03%
Other Vacant	7,106, 6.26%, see rank	3.55%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #344

Lynchburg Area	Virginia	U.S.
1978	1980	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Lynchburg Area	%	Virginia	U.S.
Owner-Occupied Units	70,396	100%	2,028,244	74,787,460
With a Mortgage	43,671	62.04%, see rank	71.14%	65.58%
Without a Mortgage	26,725	37.96%, see rank	28.86%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Lynchburg Area	1,188 USD
Virginia	1,742 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Lynchburg Area	%	Virginia	U.S.
$299 or Less	307	0.70%, see rank	0.23%	0.20%
$300 to $499	1,687	3.86%, see rank	1.45%	1.59%
$500 to $699	3,817	8.74%, see rank	3.72%	5.01%
$700 to $999	9,608	22.00%, see rank	10.40%	14.32%
$1,000 to $1,499	15,203	34.81%, see rank	23.15%	27.90%
$1,500 to $1,999	7,038	16.12%, see rank	21.20%	20.35%
$2,000 to $2,999	4,428	10.14%, see rank	24.77%	19.52%
$3,000 or More	1,583	3.62%, see rank	15.06%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lynchburg Area	22.10% of the Total Income
Virginia	23.20% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lynchburg Area	%	Virginia	U.S.
10% or Less	3,330	7.63%, see rank	6.18%	5.86%
10% to 20%	15,505	35.50%, see rank	32.74%	31.95%
20% to 30%	11,671	26.72%, see rank	29.30%	27.64%
30% to 40%	5,347	12.24%, see rank	13.96%	13.74%
40% or More	7,627	17.46%, see rank	17.46%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Lynchburg Area	331 USD
Virginia	429 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Lynchburg Area	%	Virginia	U.S.
$199 or Less	3,663	13.71%, see rank	8.34%	7.76%
$200 to $299	7,375	27.60%, see rank	17.18%	14.70%
$300 to $499	10,761	40.27%, see rank	35.90%	34.63%
$500 to $699	3,590	13.43%, see rank	20.27%	21.16%
$700 or More	1,336	5.00%, see rank	18.31%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Lynchburg Area	10.00% of the Total Income
Virginia	10.80% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Lynchburg Area	%	Virginia	U.S.
10% or Less	13,409	50.17%, see rank	46.49%	40.19%
10% to 20%	7,715	28.87%, see rank	29.97%	31.47%
20% to 30%	2,464	9.22%, see rank	10.53%	12.24%
30% to 40%	1,095	4.10%, see rank	4.67%	5.64%
40% or More	1,735	6.49%, see rank	7.24%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Lynchburg Area	Virginia	U.S.
Total Housing Units	113,464, 100%	3,403,241	132,741,033
1-unit, Detached	79,578, 70.14%, see rank	61.97%	61.65%
1-unit, Attached	4,608, 4.06%, see rank	10.88%	5.82%
2 Units	3,411, 3.01%, see rank	1.67%	3.75%
3 or 4 Units	2,944, 2.59%, see rank	2.74%	4.43%
5 to 9 Units	3,295, 2.90%, see rank	4.64%	4.78%
10 or More Units	6,652, 5.86%, see rank	12.76%	13.08%
Mobile Home, Boat, RV, Van, etc.	12,976, 11.44%, see rank	5.34%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Lynchburg Area	Virginia	U.S.
Total Housing Units	113,464, 100%	3,403,241	132,741,033
1 Room	894, 0.79%, see rank	1.33%	1.95%
2 Rooms	1,318, 1.16%, see rank	1.73%	2.48%
3 Rooms	5,799, 5.11%, see rank	6.92%	9.13%
4 Rooms	18,469, 16.28%, see rank	14.48%	16.60%
5 Rooms	25,497, 22.47%, see rank	17.82%	20.41%
6 Rooms	21,727, 19.15%, see rank	16.80%	18.06%
7 Rooms	14,726, 12.98%, see rank	13.06%	12.27%
8 Rooms	11,109, 9.79%, see rank	10.92%	8.48%
9 Rooms or More	13,925, 12.27%, see rank	16.94%	10.60%
Median Rooms	5.70, see rank	6.00	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Lynchburg Area	Virginia	U.S.
Total Housing Units	113,464, 100%	3,403,241	132,741,033
No Bedroom	946, 0.83%, see rank	1.46%	2.17%
1 Bedroom	6,720, 5.92%, see rank	8.47%	11.16%
2 Bedrooms	30,839, 27.18%, see rank	23.83%	26.69%
3 Bedrooms	53,491, 47.14%, see rank	39.65%	39.70%
4 Bedrooms	17,725, 15.62%, see rank	20.28%	16.05%
5 or More Bedrooms	3,743, 3.30%, see rank	6.31%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Lynchburg Area	Virginia	U.S.
Total Housing Units	98,815, 100%	3,041,710	116,211,092
Utility Gas	7,813, 7.91%, see rank	33.74%	48.85%
Bottled, Tank, or LP Gas	4,241, 4.29%, see rank	4.51%	4.86%
Electricity	72,831, 73.70%, see rank	52.28%	36.68%
Fuel Oil, Kerosene, etc.	8,228, 8.33%, see rank	6.01%	5.86%
Coal or Coke	20, 0.02%, see rank	0.08%	0.12%
Wood	5,027, 5.09%, see rank	2.76%	2.12%
Solar Energy	49, 0.05%, see rank	0.02%	0.05%
Other Fuel	309, 0.31%, see rank	0.29%	0.47%
No Fuel Used	297, 0.30%, see rank	0.30%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Lynchburg Area	Virginia	U.S.
Occupied Units Paying Rent	25,670, 100%	957,686	39,201,928
$199 or Less	326, 1.27%, see rank	1.61%	1.50%
$200 to $299	836, 3.26%, see rank	2.46%	3.18%
$300 to $499	3,265, 12.72%, see rank	5.54%	7.37%
$500 to $699	6,833, 26.62%, see rank	10.39%	16.01%
$700 to $999	9,431, 36.74%, see rank	22.57%	29.17%
$1,000 to $1,499	4,019, 15.66%, see rank	30.50%	26.88%
$1,500 to $1,999	483, 1.88%, see rank	15.76%	9.79%
$2,000 or More	477, 1.86%, see rank	11.16%	6.10%
Median	$741, see rank	$1,108	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Lynchburg Area	Virginia	U.S.
Occupied Housing Units	98,815, 100%	3,041,710	116,211,092
No Vehicles Available	7,878, 7.97%, see rank	6.38%	9.12%
1 Vehicles Available	27,917, 28.25%, see rank	30.54%	33.80%
2 Vehicles Available	34,817, 35.23%, see rank	38.24%	37.48%
3 or More Vehicles Available	28,203, 28.54%, see rank	24.84%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.