Market Overview
Home Prices in Lennox, SD
The median home value in Lennox, SD is $328,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.5% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lennox are priced20% below average. Lennox is part of the Sioux Falls, SD metro area.
Over the past five years, Lennox home values have risen by approximately32.3%, reflecting strong long-term appreciation in this market.
Price History
Lennox Home Price Trend
City Comparison
Lennox vs. National Median
At $328,184, homes in Lennox cost 20% below the national median of $410,000. This makes Lennox a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lennox?
20% Down Payment
$65,637
on $328,184
Monthly P&I
$1,712/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,174/mo
incl. taxes & insurance
Income Needed
$86,960
gross annual (30% rule)
10% Down Option
$32,818
+ PMI applies
Loan Amount (20% dn)
$262,547
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lennox, SD?
The median home value in Lennox is $328,184 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.5% year-over-year.
How much have home prices changed in Lennox?
Over the past year, home values in Lennox have increased by 1.5%. Over five years, prices have risen approximately 32.3%.
How much do I need to earn to buy a home in Lennox?
To comfortably afford the median home price of $328,184 with a 20% down payment ($65,637) at today's rates (6.8%), you'd need a gross annual income of approximately $86,960. This assumes keeping total housing costs at or below 30% of gross income.
How does Lennox compare to the national average home price?
The national median home value is approximately $410,000. At $328,184, homes in Lennox are 20% below the national average.
What metro area is Lennox part of?
Lennox is part of the Sioux Falls, SD metropolitan area. Home prices and market conditions can vary across the broader metro region.