Lenox, IA Home Values & Market Trends
Real estate market trends reflect that there have been 15 transactions over the past year in Lenox. The median value for residential home transactions that occurred over the previous year is $192,462. The number of current listings in Lenox is 6, and the percentage of properties for sale in the city is 6.00%. Lenox, IA currently has 4 properties in foreclosure, 1 bank owned properties, 0 properties headed for auction, and 6 properties for sale.
Lenox, IA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 50851 | $ 192,462 $ 121/sqft |
Housing Market Summary for Lenox, IA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $0 | $0 | - |
| Median Sold Price | $212.2K | $172.3K | -18.81% |
| Homes For Sale | 5 | 6 | 20.00% |
| Homes Sold | 1 | 9 | 800.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lenox, IA
Browse Homes in Lenox, IA
Lenox home values range from $85,569 to $352,201. The median estimated value of a home in Lenox is $192,462. The median list price of a home is 0, and the total count of properties in the city is 23.
- Pre-ForeclosurePre-foreclosure homes account for 13.04% of all residential properties in Lenox, IA with 50851 containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lenox, IA; of that zips, the estimated home value for pre-foreclosure homes ranges from $214,789 in 50851 to the lowest home value of $85,569 in 50851.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lenox, IA ranges from the highest value of $172,562 in 50851 to the lowest value of $172,562 in 50851. Bank owned homes and properties account for 4.35% of properties in Lenox, IA. There is 1 zips within Lenox, IA; 50851 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lenox, IA. Auction homes and other auction properties account for 0% of all properties in Lenox, IA. There is 1 zips within Lenox, IA; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Lenox, IA
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
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