Lenox, GA is a great place to buy a home. The median value of housing in the area is $115,100, which is lower than the US median of $338,100. This makes Lenox an attractive option for those looking for a good deal on their home purchase. Additionally, the 1 year house appreciation rate in Lenox has been 19.62%, significantly higher than the 8.27% appreciation rate of houses across the US as a whole. With relatively affordable costs and impressive rate of growth in value, purchasing a house in Lenox can be beneficial for potential homeowners.
The median home cost in Lenox is $115,100. Home appreciation the last 10 years has been 53.3%. Home Appreciation in Lenox is up 14.1%.
Average Age of Homes
- The median age of Lenox real estate is 38 years old
The Rental Market in Lenox
- Renters make up 23.0% of the Lenox population
- 2.4% of houses and apartments in Lenox, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.