Perrymont’s rolling three-month snapshot through September 2026 shows some notable month-to-month shifts, with prices easing even as activity picks up. The typical home value dipped about 2 percent from the prior period to around $180,000, and the median list price fell nearly 7 percent to roughly $203,000, while homes sold increased by more than a third and new listings were up over 20 percent.
Viewed against last year, this three-month view highlights a cooler yet busier market. The typical home value is down about 25 percent year over year, but active listings have surged by more than 140 percent and new listings are up well over 200 percent. Homes are taking a bit longer to sell, with median days on market rising to 31 days, and the share of properties closing above list price has edged down. Even with these changes, the average sale-to-list ratio is holding near 99 percent, suggesting sellers are still pricing close to what buyers are willing to pay.
Supply has expanded meaningfully, with months of inventory jumping from under one month a year ago to about 3.8 months now, slightly above the broader Lynchburg level of 3.1 months but still classified locally as a seller’s market. Roughly 44 percent of homes still go off the market within two weeks, even as conditions ease from the intense pace seen in prior years. With prices adjusting, more choices, and mixed signals on speed and negotiation power, both buyers and sellers in Perrymont can benefit from Agent Pronto’s help connecting with an experienced local agent.
