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Cheap Homes in Lennox, SD

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Lennox, SD Foreclosures

How much do homes sell for in Lennox, SD?
The average home price is currently $377,789.
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 $1,540,617.
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 welcoming small town with a close-knit community atmosphere and a convenient location just 20 miles southwest of Sioux Falls. The area features family-friendly amenities, parks, and excellent schools, making it ideal for those looking to settle in a peaceful environment. With a variety of outdoor activities available and a strong sense of community, Lennox is perfect for families and individuals seeking a quality lifestyle.

Current Market Conditions in Lennox, SD

The Lennox real estate market is currently experiencing a steady growth trend, with an increase in demand for single-family homes. Recent developments in the area have attracted new residents looking for affordable housing options and a peaceful living environment.

Homes in Lennox are generally selling quickly, with many listings receiving multiple offers. The market has shown resilience despite national trends, indicating a strong interest in the area due to its close proximity to Sioux Falls.

Home Value Estimator For Lennox, SD

There are currently 1,319 real estate properties in Lennox, SD, with a median automated valuation model (AVM) price of $314,013.00. 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 $377,789.00, with the most expensive house in Lennox, SD, topping out at $1,540,617.00 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

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