Why Live in Diamond Hill
Diamond Hill is a historic neighborhood in Lynchburg, Virginia, known for its proximity to downtown and rich history dating back to its golden age in the 1890s. The area is preserved by the Diamond Hill Historical Society and features the Diamond Hill Historic District, including the Anne Spencer House & Garden Museum. Residents enjoy a variety of things to do, such as visiting the Lynchburg Community Market, which offers fresh produce and live music on Saturdays, and the Kemper Street Flea Market with its antique items and occasional DJ. Riverfront Park, about a mile away, hosts events like an eight-week concert series, weekly movie nights, and a July Fourth fireworks show. The neighborhood offers renovated two-story bungalows with American Foursquare architecture and larger 1800s Victorian-style homes. Children in Diamond Hill attend schools in the Lynchburg City Public School District, including the highly rated E C Glass High School. For indoor recreation, the Downtown YMCA and Rise Up Climbing gym are popular, while the Diamond Hills Recreation Center provides afterschool programs and outdoor spaces for basketball and playground activities. Dining options on Main Street include RA Bistro, Bootleggers, and the fine dining establishment Shoemakers. Three Roads Brewing offers craft beer with dog-friendly outdoor seating. Residents can buy groceries at F and L Market Grocery store, less than 2 miles away. U.S. Route 29 and public bus services by The Greater Lynchburg Transit Company facilitate easy transportation, with Lynchburg Regional Airport located 6 miles away.
Home Trends in Diamond Hill, VA
On average, homes in Diamond Hill, Lynchburg sell after 70 days on the market compared to the national average of 51 days. The median sale price for homes in Diamond Hill, Lynchburg over the last 12 months is $162,500, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$162,500
Median Single Family Sale Price
$150,000
Median Townhouse Sale Price
$189,900
Median 1 Bedroom Sale Price
$229,000
Average Price Per Sq Ft
$114
Number of Homes for Sale
12
Last 12 months Home Sales
46
Median List Price
$164,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%