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Home values, rents and more in ZIP code 24502 (Lynchburg, VA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$276,000
Metro: $288,000 · U.S.: $366,000
Home values, past year
+0.5%
Metro: +2.9% · U.S.: +1.2%
Typical rent
$1,377/mo
Metro: $1,288 · U.S.: $1,932
Rents, past year
+2.2%
Metro: +3.2% · U.S.: +2.9%
Population
41,979
ACS 2020–24
Median household income
$68,872
Metro: $68,996 · U.S.: $80,734
ZIP codes around 24502, shaded by typical home value2450224551245882457224550245382455624504245032450124536
  • Under $210k
  • $210k–$260k
  • $260k–$290k
  • $290k–$310k
  • $310k+
  • No data
ZIP codes around 24502, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 24502 is outlined.

How 24502 compares

The typical home in ZIP code 24502 (Lynchburg, VA) is worth about $276,000, according to the Zillow Home Value Index for September 2026. Home values in 24502 are 4% below the typical value in the Lynchburg metro area ($288,000) and 25% below the U.S. typical value ($366,000).

Over the past year, home values in 24502 rose 0.5%, compared with +2.9% in the Lynchburg metro area and +1.2% nationally.

Typical rent is $1,377 a month (Zillow Observed Rent Index), 7% above the Lynchburg metro area ($1,288) and 29% below the U.S. ($1,932). Rents rose 2.2% over the past year.

The median household income is $68,872, against $68,996 in the Lynchburg metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 41,979 people live in 24502 (American Community Survey 2020–24).

24502 has the 13th-lowest typical home value of the 29 ZIP codes in the Lynchburg metro area and the 281st-lowest of 757 in Virginia with Zillow figures.

Part of: Lynchburg, VA · Lynchburg city, VA · Lynchburg metro area · Virginia

More for 24502 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 24502 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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