Lenox, Atlanta, GA—30326
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lenox, Atlanta, GA
As of Oct '25, the median home price in Lenox, Atlanta, GA is $421,000, with a year-over-year change of -2.2%. This indicates that home prices in Lenox, Atlanta, GA are decreasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $421,000 | -2.2% |
| Single Family | $638,000 | 0.9% |
| Condos | $401,000 | -1.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $285,000 | -3.1% |
2 Bed | $455,000 | -1.9% |
3 Bed | $865,000 | 1.6% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lenox, Atlanta, GA
As of July '25, Rentcast reports the average rent in Lenox, Atlanta, GA is $2,310, with a year-over-year rent change of -7.6%. Per bedroom, the median rent as of July '25 in Lenox, Atlanta, GA is studios: $1,570, 1-bedrooms: $1,950, 2-bedrooms: $2,900, 3-bedrooms: $4,010, 4-bedrooms: $5,800. The most common rental property sizes in Lenox, Atlanta, GA are 1-bedroom and 2-bedroom, accounting for 48.6% and 26.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,020 | $2,310 |
| Studio Rent | $1,530 | $1,570 |
| 1 Bed Rent | $1,860 | $1,950 |
| 2 Bed Rent | $2,700 | $2,900 |
| 3 Bed Rent | $3,760 | $4,010 |
| 4 Bed Rent | $5,800 | $5,800 |
% of Rental Stock
Property Listings — Lenox, Atlanta, GA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lenox, Atlanta, GA is 74. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $436,000 | -13.0% |
Listing Count | 133 | 17.0% |
| Listings as % of Homes | 0.9% | 17.0% |
Days on Market | 74 | 20.0% |
Demographics — Lenox, Atlanta, GA
As of the latest ACS Survey released in 2023, Lenox, Atlanta, GA has a population of 8,500, which has increased by 40.9% over the past 5 years. Lenox, Atlanta, GA is a less popular place for families, as children make up 8.9% of the population. The area has a highly educated workforce, with 77.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 22.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,500 | 40.9% |
% Under 18 | 8.9% | 25.4% |
% Seniors | 10.4% | -35.8% |
% WFH | 22.5% | 200.0% |
% w/ College Degree | 77.3% | 2.8% |
As of the latest ACS Survey released in 2023, Lenox, Atlanta, GA is a predominantly white area, with 53.4% of the population identifying as white. The white population has shrunk by 12.9% in the last 5 years. The second most common race or ethnicity in Lenox, Atlanta, GA is black, making up 31.0% of the population. Foreign-born residents account for 19.5% of the population in Lenox, Atlanta, GA, and this percentage has decreased by 3.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 53.4% | -12.9% |
% Black | 31.0% | 113.8% |
% Hispanic | 3.7% | -67.0% |
% Asian | 10.9% | 9.0% |
% Foreign Born | 19.5% | -3.5% |
Mortgage and Risk — Lenox, Atlanta, GA
According to HUD data as of 2023, there were 117 mortgage originations in Lenox, Atlanta, GA, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Lenox, Atlanta, GA. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 117 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Lenox, Atlanta, GA
As of 2024, the percent of homes in Lenox, Atlanta, GA under the Section 8 program is 0.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Lenox, Atlanta, GA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 31 |
% Rentals under Section 8 | 0.9% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $520 | $1,860 | $2,380 |
| 2 Bedroom | -$70 | $2,700 | $2,630 |
| 3 Bedroom | -$590 | $3,760 | $3,170 |
| 4 Bedroom | -$1,990 | $5,800 | $3,810 |
Affordability — Lenox, Atlanta, GA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $421,000 |
| Median Household Income | $114,000 |