Homes in Lenox are taking some time to move, spending a typical 38 days on the market in February 2026. That pace has actually quickened slightly compared to the prior month, even as homes are staying on the market far longer than a year ago.
Prices are running on the higher side for the area. The typical home value in Lenox is about $433,000, well above the $375,000 typical value in St. Louis Park overall. Sellers are still getting close to what they ask, with an average sale-to-list ratio of about 0.98 and roughly 40% of homes selling above list price. At the same time, the median list price has adjusted down month over month to $549,950.
Supply stays limited, with only 3 homes on the market and 5 new listings in February, even after a 50% monthly jump in inventory and a 58.33% drop in new listings compared to last year. Pending sales are down sharply year over year, falling about 66.67%, which can give active buyers a bit more room to negotiate even in a seller’s market. Looking ahead to March 2026, typical values are projected to edge up to $438,000, while the projected median list price is expected to be around $499,975 and inventory to hold at 3 homes. In a seller’s market like Lenox, both buyers and sellers can benefit from Agent Pronto’s help finding an agent who understands these trends.
