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Timberlake, VA

Full City Profile · Virginia · Lynchburg city County

3.4 /5.0
B Good
12,833 Population 1,142/sq mi density
$68,833 Median Income $36,384 per capita
$228,200 Home Value $405,620 Zillow
$1,037 Median Rent 27.0% income on rent
56°F Avg Temperature 305 sunny days/yr
467 Violent Crime/100K 2,533 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$68,833 median income, 2.9% unemployment
A+
Affordability
4.8 / 5.0
$228,200 home value, $1,037/mo rent
F
Safety
1.0 / 5.0
467 violent crimes/100K (23% above avg)
B+
Education
3.5 / 5.0
31.6% bachelor's degree or higher

Housing Overview

Median Home Value
$228,200
19% below
US avg: $281,900
Median Rent
$1,037/mo
11% below
US avg: $1,163/mo
Homeownership Rate
65.0%
1% below US avg (65.4%)
Total Housing Units
5,572
Median year built: 1979

Home Value by Source

Census Median
$228,200
Zillow (ZHVI)
$405,620
Median Sale Price
$287,000
Median List Price
$302,450
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

65.0%
Owner-Occupied
35.0%
Renter-Occupied
65%
35%
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
Census median rent: $1,037/mo

Market Indicators (Redfin)

Median Days on Market
8 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
9.1%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
22
homes for sale

Affordability & Housing Stock

Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1979
Average age of housing stock: 47 years
Homeownership Rate
65.0%

Complete Housing Data

Home Values

Census Median Value$228,200
Zillow Home Value (ZHVI)$405,620
Median Sale Price$287,000
Median List Price$302,450
Price Per Sq Ft$154

Rent

Census Median Rent$1,037
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 Market8
Sale-to-List Ratio1.0%
Price Drops9.1%
Homes Sold8
Active Inventory22
Price Per Sq Ft$154

Ownership & Stock

Owner-Occupied65.0%
Renter-Occupied35.0%
Homeownership Rate65.0%
Total Housing Units5,572
Median Year Built1979
Rent Burden27.0%