Is Lenox, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lenox was a Neutral Market.
Housing Prices in Lenox, NY
How much do homes in Lenox, NY cost?
Median Sold Price
$174,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lenox was $174,000 in April 2024, down 1.1% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $136K | $152.5K | +12.1% |
3 Bedrooms | $172K | $184.9K | +7.5% |
4 Bedrooms | $236K | $205K | -13.1% |
5+ Bedrooms | $245K | $115K | -53.1% |
Summary: Lenox housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 7.5%, 4 bedroom homes decreased by 13.1%, and 5+ bedroom homes decreased by 53.1%.
Housing Supply in Lenox, NY
How many homes are available in Lenox, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 18 | -25.0% |
Summary: The Lenox real estate market had 18 homes for sale in April 2024, a 25.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 12 | 9 | -25.0% |
4 Bedrooms | 8 | 3 | -62.5% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Lenox housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 150%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 62.5%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 2 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Lenox in April 2024, down by 75.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lenox, NY
How long does it take to sell a home in Lenox, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
5 Days | 4 Days | -10.0% |
Summary: Homes in Lenox had an average of 4 days on market in Apr 2024, down by 10% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 2 homes were sold in Lenox; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.