Why Live in Riverside
Riverside in Lynchburg is a historic neighborhood situated along the James River, adjacent to Randolph College. This proximity attracts a younger demographic, including many college students who enjoy walking around town. The neighborhood is known for its historical homes and landmarks, with a mix of condominiums, small ranch-style homes, and larger Victorians and American Foursquares. However, some homes near the river face a risk of flooding, with the most recent instance in July 2023. The Lynchburg Rising program offers flood preparation lessons to residents. Riverside Park is a significant local attraction, featuring a playground, basketball courts, walking trails, and a splash pad. The park's unique trail leads to a train track, adding to its charm. Dining options along Rivermont Avenue include The Cavalier Store, a popular cash-only burger joint, and Rivermont Pizza, known for its dive-bar vibe and extensive beer menu. For groceries, residents typically shop at Kroger, 2 miles away on Boonsboro Road, or visit the Lynchburg Community Market for fresh produce and local goods. The neighborhood is served by highly rated schools, including Paul Munro Elementary School, E.C. Glass High School, and Virginia Episcopal School. Commuters use Rivermont Avenue or U.S. Route 501, with public bus service available and Lynchburg Regional Airport 10 miles away. Downtown Lynchburg, 4 miles away, offers additional dining, shopping, and cultural activities.
Home Trends in Riverside, VA
On average, homes in Riverside, Lynchburg sell after 53 days on the market compared to the national average of 51 days. The median sale price for homes in Riverside, Lynchburg over the last 12 months is $245,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$245,000
Median Single Family Sale Price
$282,000
Median 2 Bedroom Sale Price
$167,500
Average Price Per Sq Ft
$154
Number of Homes for Sale
3
Last 12 months Home Sales
16
Median List Price
$274,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%