Welcome to our 1240 real estate data hub, tailored for investors in Lenox, MA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 1240 in Lenox, MA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in BERKSHIRE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lenox, MA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lenox property market.
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Location Overview
- Zip Code: 1240
- City: Lenox
- State: MA
- Metro Area: Pittsfield, MA
- County Name: BERKSHIRE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $541,345
- Average Home Price (Single Family Homes): $560,750
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 2.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,440
- Average 3 Bedroom Section 8 Rental Rates: $1,840
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 31.33
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 24.52
- Number of Units Offered in Section 8 in the County: 1455
- Number of Occupied Units in Section 8 in the County: 1397
- Percentage of Section 8 Units Occupied in the County: 96%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 201.72
- Total % Appreciation since 2000 (Government Data): 147.19
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.01%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.98%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.1%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 55.31%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 80.08%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 49.01%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 97.44%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%