Lennox, SD

Buyer's market+33.0% YoY

Housing market overview · Updated weekly

$270,000median sale price

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

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

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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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