Big Island, VA

Full City Profile · Virginia · Lynchburg city County

5.0 /5.0
A+ Excellent
103 Population 126/sq mi density
$137,500 Home Value $195,070 Zillow
56°F Avg Temperature
A+
Overall
5.0 / 5.0
Strong
A+
Education
5.0 / 5.0
0.0% bachelor's degree or higher

Housing Overview

Median Home Value
$137,500
51% below
US avg: $281,900
Homeownership Rate
40.6%
38% below US avg (65.4%)
Total Housing Units
136
Median year built: 1952

Home Value by Source

Census Median
$137,500
Zillow (ZHVI)
$195,070
Redfin Median Sale
$86,500
Median Sale Price
$86,500
Median List Price
$184,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

40.6%
Owner-Occupied
59.4%
Renter-Occupied
41%
59%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo

Market Indicators (Redfin)

Median Sale Price
$86,500
Median Days on Market
45 days
Sale-to-List Ratio
0.8%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$80
Active Inventory
2
homes for sale

Affordability & Housing Stock

Rent Burden
27.9%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1952
Average age of housing stock: 74 years
Homeownership Rate
40.6%

Complete Housing Data

Home Values

Census Median Value$137,500
Zillow Home Value (ZHVI)$195,070
Redfin Median Sale$86,500
Median Sale Price$86,500
Median List Price$184,900
Price Per Sq Ft$80

Rent

FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market45
Sale-to-List Ratio0.8%
Price Drops0.0%
Homes Sold1
Active Inventory2
Price Per Sq Ft$80

Ownership & Stock

Owner-Occupied40.6%
Renter-Occupied59.4%
Homeownership Rate40.6%
Total Housing Units136
Median Year Built1952
Rent Burden27.9%