Housing · Lenox

Lenox, TN housing market

The median sale price was $85,000 in March 2026.

Home values, sales, trends and how Lenox compares with the towns next door — updated as new data is published.

The market right now

Lenox at a glance

Median sale price
$85K
March 2026 · Redfin
Homes sold
1
in March

Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.

Price trend

Home prices up 56% in 5 years

The federal house price index for the ZIP codes around Lenox rose 56% over the past 5 years, slower than across Tennessee (60%). Last year prices rose 9.2%.

Past year
+9.2%
Tennessee: +2.4%
Past 5 years
+56%
Tennessee: +60%
Past 10 years
+83%
Tennessee: +114%
Lenox areaTennessee
0%+50%+100%+150%+200% 200020052010201520202025 2000: 0% since 20002001: +2.4% since 2000 · +2.4% that year2002: +3.3% since 2000 · +0.9% that year2003: +3.9% since 2000 · +0.6% that year2004: +4.4% since 2000 · +0.5% that year2005: +7.1% since 2000 · +2.6% that year2006: +13% since 2000 · +5.3% that year2007: +18% since 2000 · +4.5% that year2008: +16% since 2000 · −1.8% that year2009: +17% since 2000 · +0.9% that year2010: +13% since 2000 · −3.6% that year2011: +14% since 2000 · +1.5% that year2012: +10% since 2000 · −3.8% that year2013: +10% since 2000 · +0.1% that year2014: +17% since 2000 · +5.7% that year2015: +16% since 2000 · 0% that year2016: +24% since 2000 · +6.5% that year2017: +24% since 2000 · −0.1% that year2018: +33% since 2000 · +6.9% that year2019: +33% since 2000 · +0.6% that year2020: +37% since 2000 · +2.8% that year2021: +56% since 2000 · +14% that year2022: +76% since 2000 · +12% that year2023: +98% since 2000 · +12% that year2024: +95% since 2000 · −1.1% that year2025: +113% since 2000 · +9.1% that year Lenox +113%
Show as a table
YearChange that yearSince 2000Tennessee since 2000
2025+9.1%+113%+186%
2024−1.1%+95%+180%
2023+12%+98%+167%
2022+12%+76%+149%
2021+14%+56%+105%
2020+2.8%+37%+80%
2019+0.6%+33%+72%
2018+6.9%+33%+63%
2017−0.1%+24%+52%
2016+6.5%+24%+42%
20150%+16%+34%
2014+5.7%+17%+28%
2013+0.1%+10%+23%
2012−3.8%+10%+21%
2011+1.5%+14%+23%
2010−3.6%+13%+26%
2009+0.9%+17%+30%
2008−1.8%+16%+34%
2007+4.5%+18%+33%
2006+5.3%+13%+28%
2005+2.6%+7.1%+20%
2004+0.5%+4.4%+12%
2003+0.6%+3.9%+8.2%
2002+0.9%+3.3%+6.3%
2001+2.4%+2.4%+3.8%
2000———

Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP codes 38024, 38047, covering 54% of Lenox’s land, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.

The homes

Owners, rent & taxes

Homeownership
76.1%
Median tax bill
$825
Typical home built
1955

U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $930

HUD's Fair Market Rent for a two-bedroom in Lenox is $930 a month, utilities included: roughly what a modest, recently rented unit costs.

1 bedroom
$780
a month, with utilities
2 bedrooms
$930
a month, with utilities
3 bedrooms
$1,220
a month, with utilities

Studio $720 · 4 bedrooms $1,230

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (38024, 38047; Dyer County, TN), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.

The coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/19 · 2025-01-01