Lynchburg, VA home prices
Typical home $288,388 · +2.9% in a year · income needed $77,100
The Lynchburg, VA metro area ranks 346 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +2.9% in a year and +29.5% over five years. With 20% down at 7.11%, the typical home costs about $1,800 a month including 0.43% property tax (Bedford County rate).
Mortgage on the typical Lynchburg home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $57,678 | $230,710 | $1,552 | $0 | $248 | $1,800 | $77,100 |
| 10% down | $28,839 | $259,549 | $1,746 | $108 | $248 | $2,102 | $90,100 |
| 5% down | $14,419 | $273,969 | $1,843 | $114 | $248 | $2,205 | $94,500 |
| 3.5% down (FHA) | $10,094 | $283,165 | $1,905 | $128 | $248 | $2,280 | $97,700 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.43% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Lynchburg area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Bedford County, VA | $351,809 | +4.2% | 0.43% |
| Lynchburg City, VA | $243,511 | +0.2% | 0.79% |
| Campbell County, VA | $273,460 | +2.2% | 0.45% |
| Amherst County, VA | $262,078 | +1.9% | 0.46% |
| Appomattox County, VA | $289,196 | +7.8% | 0.52% |
What can you afford in Virginia on your salary? · Virginia home prices · Salaries in Virginia
Frequently asked questions
How much is a house in Lynchburg?
The typical home in the Lynchburg, VA metro area is worth $288,388 (Zillow, September 2026).
What salary do you need to buy a house in Lynchburg?
About $77,100 a year for the typical home with 20% down at 7.11%.