Housing in 01240 Lenox, MA is much more expensive than the national average. The median value of a home in 01240 Lenox is $510,800 while the US house median value is $338,100. In the past year, housing appreciation for homes in 01240 Lenox has been substantially higher than the national average; it was 16.87%, compared to 8.27% for houses across the country. This significant rate of appreciation could indicate that now is an opportune time to invest in a property in 01240 Lenox as prices are likely to continue increasing due to high demand.
The median home cost in Lenox (zip 01240) is $510,800. Home appreciation the last 10 years has been 59.1%. Home Appreciation in Lenox (zip 01240) is up 14.6%.
Average Age of Homes
- The median age of Lenox (zip 01240) real estate is 48 years old
The Rental Market in Lenox (zip 01240)
- Renters make up 27.1% of the Lenox (zip 01240) population
- 1.8% of houses and apartments in Lenox (zip 01240), 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.