Why Live in Dearington
Dearington, a small suburb in Lynchburg with a population of 881, is known for its close-knit community where neighbors genuinely care for one another. The neighborhood attracts nature lovers due to its proximity to the James River and various hiking trails. Jefferson Park, the main green space, features basketball and tennis courts, a playground, and a walking and biking trail. The park also hosts a community center that offers a range of activities and events. The James River, just two miles east, provides opportunities for canoeing, kayaking, and fishing, while the nearby Blackwater Creek Natural Area and James River Trail Central Junction offer extensive hiking and wildlife observation. Downtown Lynchburg, within walking distance, boasts restaurants, shops, and the local YMCA, making it a convenient spot for dining and shopping. Dearington is home to early 1900s Bungalows and a few Cape Cod-style houses, with homes typically featuring decent-sized lawns and backyards filled with maple and oak trees. E.C. Glass High School, a highly rated institution, is located nearby, offering over 20 advanced placement courses and career technical programs. The neighborhood is very walkable, with public transportation options provided by the Greater Lynchburg Transit Company and easy access to U.S. Route 29. Lynchburg Regional Airport is 7 miles away. Despite the extreme risk of flooding due to the James River, the city has implemented the Lynchburg Rising program to educate and prepare residents for potential flooding events.
Frequently Asked Questions
Is Dearington a good place to live?
Dearington is a good place to live. Dearington is considered car-dependent and somewhat bikeable with some transit options. Dearington has 3 parks for recreational activities. It is sparse in population with 2.8 people per acre and a median age of 28. The average household income is $32,475 which is below the national average. College graduates make up 18% of residents. A majority of residents in Dearington are renters, with 69.9% of residents renting and 30.1% of residents owning their home. A
local real estate agent serving Dearington can help you decide if this neighborhood is the right one for you. Learn more on our
Dearington neighborhood guide.
How much do you need to make to afford a house in Dearington?
The median home price in Dearington is $380,000. If you put a 20% down payment of $76,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Dearington. The average household income in Dearington is $32K.
What are the best public schools in Dearington?
The best public schools that serve Dearington are:
What are the best private schools in Dearington?
The best private schools that serve Dearington are:
What are the most popular zip codes in Dearington, Lynchburg, VA?
What are the most popular neighborhoods near Dearington, Lynchburg, VA?
Are home prices dropping in Dearington?
Yes, home prices in Dearington are down 51% in the last 12 months.
Home Trends in Dearington, VA
On average, homes in Dearington, Lynchburg sell after 177 days on the market compared to the national average of 70 days. The median sale price for homes in Dearington, Lynchburg over the last 12 months is $195,000, down 57% from the median home sale price over the previous 12 months.
Median Sale Price
$195,000
Median Single Family Sale Price
$380,000
Average Price Per Sq Ft
$486
Number of Homes for Sale
0
Last 12 months Home Sales
1
Median List Price
$380,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-57%