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Dearington Home for Sale

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    $499,900

    • 2,880 Sq Ft

    225 Munford St, Lynchburg, VA 24501

    Almost Brand New Side by Side Duplex 5 Minutes from Lynchburg General Hospital! This property is a Turn Key investment property in excellent condition and in a convenient location in Lynchburg. Each unit offers 3 Bedrooms, 2.5 Bathrooms, and 1,440 finished square feet. Kitchens feature stainless steel appliances and quartz countertops. Low maintenance attractive Luxury Vinyl Plank flooring

    Matthew Durand Mark A. Dalton & Co., Inc.

    225 Munford St, Lynchburg, VA 24501

Why Live in Dearington

Dearington is a small suburb in Lynchburg that also attracts nature lovers, as it is situated near the James River and features various hiking trails. Jefferson Park, the central 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, has spots for canoeing, kayaking and fishing. The nearby Blackwater Creek Natural Area and James River Trail Central Junction offer extensive hiking and wildlife observation opportunities. Downtown Lynchburg is also within walking distance and has restaurants, shops and the local YMCA. Dearington is home to early 1900s Bungalows and a few Cape Cod-style houses. Homes typically feature decent-sized lawns and backyards with maple and oak trees. E.C. Glass High School, a highly rated institution by Niche, is located nearby and offers over 20 advanced placement courses and career technical programs. The neighborhood is very walkable, while public transportation options are provided by the Greater Lynchburg Transit Company. The neighborhood is accessible via U.S. Route 29. Lynchburg Regional Airport is 7 miles southwest.

Dearington, Lynchburg, VA Home Prices vs. Nearby Neighborhoods

Dearington Miller Park Fairview Heights College Hill
Median Home Price
$159,900
$169,900
$161,400
$191,900
Median Sale Price
$161,700
-6% YoY
$157,000
+8% YoY
$160,000
+14% YoY
$185,000
+6% YoY
Median Single Family Price
$147,900
$165,000
$154,950
$185,000
Total Active Listings
0 listings
16 listings
14 listings
9 listings
Market Conditions
0 Months of Supply
Seller's Market
6 Months of Supply
Balanced Market
5 Months of Supply
Balanced Market
4 Months of Supply
Seller's Market

Frequently Asked Questions

Is Dearington a good place to live?
Dearington is a good place to live. Dearington is considered somewhat walkable and bikeable with some transit options. Dearington has 3 parks for recreational activities.It is fairly sparse in population with 3.0 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 70% of residents renting and 30% 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 $159,900. If you put a 20% down payment of $32,000 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $820 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $35K a year to afford the median home price in Dearington. Learn how much home you can afford with our Home Affordability Calculator. 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?
The most popular zip codes in Dearington, Lynchburg, VA include 24501, 24504, 24503, 24502 and 24572.
What are the most popular neighborhoods near Dearington, Lynchburg, VA?
The most popular neighborhoods near Dearington, Lynchburg, VA are Tinbridge Hill, Miller Park, Woodland, College Hill and Rivermont.
Are home prices dropping in Dearington?
Yes, home prices in Dearington are down 7% in the last 12 months.
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