Is Lenox, MA 01240 a buyer’s or seller’s market?
Lenox is a seller’s market. With about 3.9 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 29% of U.S. ZIP codes, and #349 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Lenox housing market right now
In the three months ending August 31, 2026, 22% of homes in Lenox, MA 01240 sold above their list price, the typical home went under contract in 49 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 24 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 31%, homes sold more slowly (35 days then) and the median sale price rose 7% to $529,771. Overall, Lenox is less competitive than a year ago, which gives buyers more room.
Within Berkshire County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 54%. On our competition score, Lenox ranks #349 of 362 MA ZIP codes with enough sales (score 33 out of 100).
Nearby, buyers who want less competition could look at Drury 01343 (0% sold over asking) or Stockbridge 01262 (0% sold over asking), while South Lee 01260 (100% sold over asking) and Dalton 01226 (57% sold over asking) are even more competitive.
Run the numbers for 01240
Nearby markets
Adams 01220Seller’s market $193 /sq ftAshley Falls 01222Seller’s market $238 /sq ftBecket 01223Buyer’s market $258 /sq ftCheshire 01225Seller’s market $175 /sq ft Browse all markets →Towns like Lenox nearby
Find towns like Lenox in other states →Where Lenox is
Loading map…
Questions about Lenox real estate
Is Lenox a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Lenox, MA 01240 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lenox?
The typical home went under contract in 49 days in the latest three months.
Do homes in Lenox sell over asking?
22% of homes sold above their original list price, and the typical sale closed at 93.0% of the list price.
What are property taxes in Lenox?
About 1.32% of a home’s value a year in Berkshire County, or roughly $5,280 on a $400,000 home.
What is the median home price in Lenox?
The median sale price was $529,771 in the three months ending August 31, 2026, about $314 per square foot.
Local agents
See all agents in 01240 →No sponsored agents in 01240 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 01240
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology