Lennox, SD is a great place to invest in housing. The median value of a house in Lennox is $279,000, which is substantially lower than the US median of $338,100. Over the past year, the house appreciation rate in Lennox was 12.74%, higher than the US rate of 8.27%. This makes buying a home in Lennox an attractive option for potential buyers who are looking to take advantage of increasing home values and low prices.
The median home cost in Lennox is $279,000. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Lennox is up 18.1%.
Average Age of Homes
- The median age of Lennox real estate is 56 years old
The Rental Market in Lennox
- Renters make up 30.0% of the Lennox population
- 1.2% of houses and apartments in Lennox, 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.