Lenox, GA Foreclosures
How much do homes sell for in Lenox, GA?
The average home price is currently $170,535.
In Lenox, GA, how many homes are available?
There are currently 21 active home listings available in Lenox.
What’s the average rental cost in Lenox, GA?
The average rental price in Lenox is $868.
What is the most expensive home in Lenox?
The most expensive home sold in Lenox had a price of $2,013,813.
What is currently the cheapest priced home in Lenox, GA?
The cheapest home for sale in Lenox is priced at $10,010.
Living in Lenox, GA
Lenox, GA, is a charming small town that embraces a community-oriented lifestyle with a variety of local amenities and recreational activities. The educational facilities are commendable, supporting families looking for a nurturing environment for their children. With its peaceful ambiance and access to nature, Lenox is an ideal place for those seeking tranquility away from the hustle of city life.
Current Market Conditions in Lenox, GA
The real estate market in Lenox, GA, has shown signs of steady growth over the past year, driven by an influx of buyers seeking affordable homes in a peaceful setting. The demand for housing has increased, particularly among families and retirees, leading to a competitiveness in property listings. The current trend indicates a shift towards more people working remotely, further increasing interest in smaller towns like Lenox.
With houses on the market receiving multiple offers, buyers are encouraged to act quickly to secure a property. The average home price has risen by 8% over the past year, signifying a healthy appreciation in property values. New developments and the improvement of local amenities are expected to continue attracting residents, sustaining market appreciation.
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 $126,889.00. 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 $170,535.00, with the most expensive house
in Lenox, GA, topping out
at $2,013,813.00 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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