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Cheap Homes in Lennox, SD 57039

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Lennox, SD Foreclosures

How much do homes sell for in Lennox, SD?
The average home price is currently $371,067.
What’s the average rental cost in Lennox, SD?
The average rental price in Lennox is $1,470.
What is the most expensive home in Lennox?
The most expensive home sold in Lennox had a price of $1,389,615.
What is currently the cheapest priced home in Lennox, SD?
The cheapest home for sale in Lennox is priced at $48,900.

Living in Lennox, SD

Lennox, SD is a small town known for its family-friendly atmosphere and strong sense of community. With access to local amenities and outdoor activities, it provides a peaceful place to call home. Families enjoy the reputable schools and community events that foster connections among residents.

Current Market Conditions in Lennox, SD

The Lennox real estate market has seen steady growth over the past year, with a slight increase in home prices due to the rising demand for housing in the area. As the population grows and more individuals recognize the value of small-town living, Lennox has become an attractive option for homebuyers seeking affordability combined with community charm.

Current trends indicate a relatively balanced market, with more homes being listed as the construction of new properties continues to meet increased demand. Lennox's proximity to Sioux Falls also contributes to its appeal, drawing potential buyers who commute for work and prefer a quieter living environment.

Home Value Estimator For Lennox, SD

There are currently 1,245 real estate properties in Lennox, SD, with a median automated valuation model (AVM) price of $307,777.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lennox, SD, 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 Lennox, SD, is $371,067.00, with the most expensive house in Lennox, SD, topping out at $1,389,615.00 and the cheapest home in Lennox, SD, clocking in at $48,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Lennox, SD!

Rent Prices In Lennox, SD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lennox, SD, is on a rollercoaster ride. The average rent price in Lennox, SD, is $1,470.00. Indeed, when looking to rent in Lennox, SD, you can expect to pay as little as $1,060.00 or as much as $2,220.00, with the average rent median estimated to be $1,450.00. The good news is that finding an affordable and desirable property to rent in Lennox, SD -- 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.

Cheap Homes in Lennox, SD 57039

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