Lenox, NY is a beautiful city located in Upstate New York with plenty of housing options. According to the data above, the median value of homes in Lenox is $199,200 which is significantly lower than the national median value of $338,100. This difference can make purchasing a home in Lenox more affordable for potential buyers. Additionally, over the last year appreciation for housing in Lenox has been 11.37%, which is higher than the US average appreciation rate of 8.27%. This means that those looking to invest in real estate in Lenox could see a sizable return on their investment.
The median home cost in Lenox is $199,200. Home appreciation the last 10 years has been 62.7%. Home Appreciation in Lenox is up 13.0%.
Average Age of Homes
- The median age of Lenox real estate is 58 years old
The Rental Market in Lenox
- Renters make up 27.0% of the Lenox population
- 1.5% 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.