The housing market in Lenox, PA is currently quite strong. The median value of a home in the area is $200,600; significantly lower than the US median value of $338,100. Interestingly, the one year appreciation rate for houses in Lenox has been 9.75%, which is higher than the US average of 8.27%. This indicates that Lenox is a desirable place to purchase a home and could be seen as good investment opportunity.
The median home cost in Lenox is $200,600. Home appreciation the last 10 years has been 54.8%. Home Appreciation in Lenox is up 14.9%.
Average Age of Homes
- The median age of Lenox real estate is 38 years old
The Rental Market in Lenox
- Renters make up 12.4% of the Lenox population
- 0.0% 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.