Is Lawrence Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lawrence Township has remained a Seller's Market.
Housing Prices in Lawrence Township, OH
How much do homes in Lawrence Township, OH cost?
Median Sold Price
$235,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lawrence Township was $235,000 in April 2024, up 2.2% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $120K | - | N/A |
2 Bedrooms | $144.9K | $168.5K | +16.3% |
3 Bedrooms | $230K | $236.5K | +2.8% |
4 Bedrooms | $245.5K | $260K | +5.9% |
5+ Bedrooms | $354.7K | $365K | +2.9% |
Summary: Lawrence Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5.9%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
Lawrence Township | $230K | $235K | +2.2% |
Baughman Township | $237.9K | $237.5K | -0.2% |
Canal Fulton | $256.7K | $248K | -3.4% |
Clinton | $262.5K | $221K | -15.8% |
Housing Supply in Lawrence Township, OH
How many homes are available in Lawrence Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
42 | 41 | -2.4% |
Summary: The Lawrence Township real estate market had 41 homes for sale in April 2024, a 2.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 7 | 0.0% |
3 Bedrooms | 26 | 27 | +3.8% |
4 Bedrooms | 8 | 7 | -12.5% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lawrence Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 14 | +55.6% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Lawrence Township in April 2024, up by 55.6% month-over-month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Lawrence Township, OH
How long does it take to sell a home in Lawrence Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 28 Days | +26.7% |
Summary: Homes in Lawrence Township had an average of 28 days on market in Apr 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in Lawrence Township; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.