Similar to nearby areas, it is a bit more expensive compared to the United States as a whole. However it's significantly more expensive compared to the city of New Haven.
Home prices
The median home in Lenox costs $269,100. Compared to its surrounding areas it is approximately $9,580 (3%) higher.Compared to the rest of the country it is about $51,600 (23%) higher, and compared to the city of New Haven it is approximately $70,100 (35%) higher.
Rents
Lenox's median rent is $837 a month. It is roughly $139 (14%) lower compared to nearby areas.It is about $225 (21%) lower compared to the rest of the country, and compared to the city of New Haven it is approximately $359 (30%) lower.
Nearby places
Lee
Lee is about 3 miles southeast from Lenox. The housing prices there are a bit less expensive. The value of the median home in Lee is $237,500, which works out to $31,600 (13%) lower than Lenox. Its rents are fairly similar. In Lee the median rent is $805 a month, which works out to $32 (3%) lower than Lenox.
Pittsfield
Pittsfield is approximately 6 miles north from Lenox. The real estate prices there are a lot less expensive. The median home price in Pittsfield is $174,300, which comes out to $94,800 (54%) lower than Lenox. Its rents are a little more expensive. The median rent in Pittsfield is $893 per month, which comes out to $56 (6%) higher than Lenox.
Housatonic
Housatonic is approximately 7 miles southwest of Lenox. The real estate prices there are similar. The price of the median home in Housatonic is $275,000, which is $5,900 (2%) higher than Lenox. Rents there are substantially more expensive. Housatonic's median monthly rent is $1,269, which works out to $432 (34%) higher than Lenox.
Great Barrington
Great Barrington is approximately 11 miles south from Lenox. Real estate prices there are somewhat more expensive. The median home in Great Barrington is valued at $384,600, which is $115,500 (30%) higher than Lenox. Its rents are a little more expensive. In Great Barrington the median monthly rent is $1,016, which is $179 (17%) higher than Lenox.
Chatham
Chatham is roughly 13 miles west from Lenox. The real estate prices there are somewhat less expensive. Chatham's median home value is $226,200, which works out to $42,900 (18%) lower than Lenox. Rent there is somewhat more expensive. The median monthly rent in Chatham is $897, which works out to $60 (6%) higher than Lenox.
