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Oakwood Homes for Sale

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  • /57

    $359,900 Open Sun 2PM - 4PM

    • 4 Beds
    • 2 Baths
    • 2,046 Sq Ft

    1304 Oak Ln, Lynchburg, VA 24503

    Located in the Rivermont Historic District & built in 1845 by Rev.James Clopton, Greenwood was annexed by the city in 1900. This unique home has been lovingly maintained by just 2 families for most of it's 180 years. The current owner's improvements seamlessly blend its rich history with modern conveniences. With over 2,000 sq.ft, the property features 4 bedrooms(2 on the main level), 2 renovated

    Amy Scott John Stewart Walker, Inc

    1304 Oak Ln, Lynchburg, VA 24503
  • /80

    $475,000 Open Sun 2PM - 4PM

    • 5 Beds
    • 2.5 Baths
    • 2,729 Sq Ft

    3464 Ivylink Place, Lynchburg, VA 24503

    Need space in Boonsboro with a beautifully landscaped, flat backyard? This two-story home offers 5 bedrooms upstairs and 3 living areas on the main levelliving room, den, and family roomso everyone has room to gather. The primary suite includes an ensuite bath, while a main-level office and family room addition by Flint Construction add versatility. Beautiful screen porch off of the den for

    Laura Simms Hengerer John Stewart Walker, Inc

    3464 Ivylink Place, Lynchburg, VA 24503
  • /21

    $87,500

    • Land
    • 0.17 Acre
    • $505,780 per Acre

    85 Clopton Ct, Lynchburg, VA 24503

    Build your dream home in one of Lynchburg's most desirable communities, The Preserve at Oakwood. This relatively flat, buildable lot offers an ideal setting with minimal prep required and utilities available. Nestled in a thoughtfully designed neighborhood, developed on the grounds of the historic Oakwood Country Club, The Preserve blends timeless charm with modern convenience. Residents enjoy

    Daniel Keeton Keeton & Co Real Estate

    85 Clopton Ct, Lynchburg, VA 24503
  • /64

    $359,900

    • 4 Beds
    • 2 Baths
    • 2,203 Sq Ft

    1051 Rivermont Terrace, Lynchburg, VA 24503

    This beautiful home offers the rare chance to live just one block from the hospital while enjoying the comfort of a peaceful neighborhood. A main-level bedroom and full bath complement 3 additional bedrooms and another full bath upstairs. The floor plan includes a dedicated home office, formal dining room, laundry room, and a sunroom filled with windows. Two gas fireplaces add warmth and charm.

    Billy Morris John Stewart Walker, Inc

    1051 Rivermont Terrace, Lynchburg, VA 24503

Why Live in Oakwood

Oakwood, a primarily residential neighborhood in Lynchburg, is situated 4 miles from downtown and offers convenient access to major medical centers, a country club, and Randolph College. The area features winding roads and well-manicured yards with homes set back on medium to large lots, surrounded by oak, maple, and sycamore trees. Housing styles include ranch, Cape Cod, Colonial Revival, and new historicism, with many homes dating back to the 1920s and 1940s. Oakwood is known for its mix of longtime residents and young families. E.C. Glass High School, which has a high rating, serves the area and offers an extensive arts program. Rivermont Avenue connects Oakwood to downtown and Randolph College, where residents can enjoy lifelong learning classes and the Dorothy Crandall Bliss Botanic Garden. The neighborhood is car-dependent but has bus stops and bike lanes along Rivermont Avenue and the Blackwater Creek Trail. Local features include the Oakwood Country Club, which offers a pool, tennis courts, and dining, and the nearby Boonsboro Country Club with its top-rated 18-hole golf course. Shopping and dining options are available along Rivermont Avenue and at the Peakland Crossing Shopping Center. Cultural attractions include the Maier Museum of Art at Randolph College, which showcases internationally acclaimed artists. The neighborhood is safer than the national average, making it a practical choice for families and individuals seeking a suburban lifestyle close to city amenities.

Frequently Asked Questions

Is Oakwood a good place to live?
Oakwood is a good place to live. Oakwood is considered very car-dependent with minimal transit options. Oakwood has 1 park for recreational activities. It is sparse in population with 1.6 people per acre and a median age of 44. The average household income is $187,234 which is above the national average. College graduates make up 69.8% of residents. A majority of residents in Oakwood are home owners, with 7.4% of residents renting and 92.6% of residents owning their home. A local real estate agent serving Oakwood can help you decide if this neighborhood is the right one for you. Learn more on our Oakwood neighborhood guide.
How much do you need to make to afford a house in Oakwood?
The median home price in Oakwood is $467,450. If you put a 20% down payment of $93,500 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Oakwood. The average household income in Oakwood is $187K.
What are the best public schools in Oakwood?
The best public schools that serve Oakwood are:
What are the best private schools in Oakwood?
The best private schools that serve Oakwood are:
What are the most popular zip codes in Oakwood, Lynchburg, VA?
The most popular zip codes in Oakwood, Lynchburg, VA include 24503, 24501, 24502, 24504 and 24572.
What are the most popular neighborhoods near Oakwood, Lynchburg, VA?
The most popular neighborhoods near Oakwood, Lynchburg, VA are Bedford Hills, Woodland, Peakland, Linkhorne and Tate Springs.

Home Trends in Oakwood, VA

Housing Trends

Median Sale Price
$475,000
Median Single Family Sale Price
$420,000
Average Price Per Sq Ft
$167
Number of Homes for Sale
3
Last 12 months Home Sales
25
Months of Supply
1.40
Median List Price
$467,450
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
19%
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