Living in Lenox, GA
Lenox, GA, is a relaxed town offering a charming lifestyle surrounded by natural beauty and a tight-knit community. The area features essential amenities and a strong educational system, making it ideal for families and individuals seeking peace. Convenient local parks and outdoor activities promote an active and engaged lifestyle.
Current Market Conditions in Lenox, GA
The real estate market in Lenox, GA, has shown positive growth trends in recent years. As more people discover this charming town, demand for homes has increased, contributing to a steady rise in property values. This growth is fueled by the town's appeal as an affordable alternative to larger cities, offering a tranquil and welcoming environment.
Investors can find an array of housing options, from small starter homes to larger family residences, making the Lenox market diverse and attractive. Current trends indicate a continued interest in buying property in this area, making it a promising opportunity for real estate investment.
Home Value Estimator For Lenox, GA
There are currently 957 real estate properties
in Lenox, GA,
with a median automated valuation model (AVM) price
of $124,633.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lenox, GA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lenox, GA,
is $167,468.00, with the most expensive house
in Lenox, GA, topping out
at $2,158,403.00 and the cheapest home
in Lenox, GA,
clocking in at $10,010.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lenox, GA!
Rent Prices
In Lenox, GA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lenox, GA, is on
a rollercoaster ride. The
average rent price in Lenox, GA,
is $868.00. Indeed, when looking to rent in
Lenox, GA, you can expect to pay as little
as $540.00 or as much
as $2,820.00,
with the average rent median estimated to
be $830.00. The good news is that finding
an affordable and desirable property to rent in Lenox, GA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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