Lennox, SD Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lennox, SD is $270,000, up 33.0% year-over-year. Homes sell in an average of 185 days with 28 active listings. The market is currently a buyer's market.
$270,000median sale price
Is Lennox a buyer's or seller's market?
Lennox, SD is currently a buyer's market, based on 9.3 months of supply and homes selling in about 185 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
185
Average pace
Active listings
28
9.3 months supply
Sale-to-list
95.5%
Below asking
Lennox, SD market data
| Metric | Value |
|---|---|
| Median sale price | $270,000 |
| Median list price | $295,000 |
| Year-over-year price change | +33.0% |
| Average days on market | 185 days |
| Active inventory | 28 listings |
| Months of supply | 9.3 months |
| Sale-to-list price ratio | 95.5% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Lennox housing market is currently classified as a buyer's market with a median sale price of $270,000. Prices have risen 33.0% compared to last year, with homes spending an average of 185 days on market, indicating 9.3 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lennox
There are currently 28 homes listed for sale in Lennox, South Dakota. The median listing price is $295K.
Active listings
28
Homes on market
Median list price
$295K
Avg. days on market
185
Days until sale
New this week
4
Newly listed
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Frequently asked questions
What is the average home price in Lennox?
The median home sale price in Lennox is $270,000, up 33.0% from last year.
How long do homes stay on market in Lennox?
Homes typically spend 185 days on market before going under contract.
Is Lennox a buyer's or seller's market?
With 9.3 months of supply, Lennox is currently a buyer's market.
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