Is Lennox, SD 57039 a buyer’s or seller’s market?

The Lennox housing market right now

In the three months ending August 31, 2026, 22% of homes in Lennox, SD 57039 sold above their list price, the typical home went under contract in 22 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 19 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (22% then), homes sold faster (32 days then) and the median sale price rose 9% to $312,365. Overall, Lennox is more competitive than a year ago, so tougher for buyers.

Within Lincoln County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Lennox ranks #13 of 33 SD ZIP codes with enough sales (score 50 out of 100).

Nearby, buyers who want less competition could look at Hudson 57034 (0% sold over asking) or Beresford 57004 (0% sold over asking), while Worthing 57077 (50% sold over asking) is even more competitive.