In Lynchburg, the average listing price is currently at $75,086 this year. However, this figure represents a noticeable 10.4 percent drop from the year prior, and declining prices could help new buyers enter the market more comfortably in the near future. In the interim, inventory somewhat tightened year-over-year, with the number of homes for sale declining 27.3 percent to reach 8 listings in this year. The handful of ranch-style homes in this city were built some time ago but are excellent starter homes for young people. Woodwork features heavily in some homes in this city, especially in the kitchens where the cabinets are skillfully crafted. Many of Lynchburg's properties are perfect for families, with large family rooms for the kids to play in together.