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LENOX, IA 50851

Real Estate Market Report  ·  Adams County
Buyer's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LENOX, IA real estate market (50851) currently shows 11 active listings, with 1 pending sales. Homes are averaging 77 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 77 days on market compared to 48 days last year.

The median listing price has risen 26.5% year-over-year, from $160,000 to $202,375.

Whether you are buying or selling in LENOX, IA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,238  ·  Density: 6.5/mi²  ·  Median household income: $65,660

Typical home value: $111,718  ·  Homeownership: 81.2%

Market Overview

Active Listings
11
⇧ 120% vs 5 last year
Pending
1
9% pending ratio
Median Price
$202,375
⇧ 26.5% vs $160,000 last year
Average Price
$190,055
⇧ 39.1% vs $136,600 last year
Days on Market
77
⇧ 60.4% vs 48 days last year

Price Per Square Foot

Median $/sqft
$114
⇧ 11.8% vs $102/sqft last year
Median Home Size
1,530 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 11 this year vs 5 last year
  • Days on market: 77 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $202,375 (+26.5% YoY)
  • Average: $190,055 (+39.1% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 28.9 miles — 85 listings ($19,470,284 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
50851Lenox, IA 508510.0 mi9$1,728,171$239,750$192,019
50862Sharpsburg, IA 508628.7 mi1$360,000$360,000$360,000
50841Corning, IA 5084114.0 mi14$2,533,930$122,000$180,995
50848Gravity, IA 5084814.5 mi1$175,000$175,000$175,000
50833Bedford, IA 5083318.4 mi10$1,635,210$136,000$163,521
50863Tingley, IA 5086319.4 mi1$40,000$40,000$40,000
51646New Market, IA 5164620.4 mi2$170,000$85,000$85,000
50858Orient, IA 5085822.2 mi2$420,000$210,000$210,000
50074Ellston, IA 5007424.3 mi14$7,793,366$495,000$556,669
64486Sheridan, MO 6448626.2 mi0$0$64,000$64,000
50133Kellerton, IA 5013327.4 mi4$281,400$81,250$70,350
50846Fontanelle, IA 5084628.2 mi4$505,800$112,450$126,450
51632Clarinda, IA 5163228.9 mi23$3,827,407$125,000$166,409

Frequently Asked Questions

How many homes are for sale in LENOX, IA 50851?

As of February 2026, there are 11 active listings in LENOX, IA (zip code 50851), compared to 5 the prior year.

What is the median home price in LENOX, IA 50851?

The median listing price in LENOX, IA 50851 is $202,375 as of February 2026, a 26.5% increase from $160,000 the prior year.

How long do homes stay on the market in LENOX, IA?

Homes in LENOX, IA 50851 spend an average of 77 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in LENOX, IA 50851?

Based on current inventory and days-on-market data as of February 2026, LENOX, IA 50851 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 77 days on market compared to 48 days last year.

How much can I save on real estate commission in LENOX, IA?

With SELL123.com's maximum 3% commission, sellers in LENOX, IA 50851 save an estimated $4,048 compared to a typical 5% commission on the median listing price of $202,375. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.