Is Lawrence Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$287,500
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Lawrence Township was $287,500 in May 2024, up 8.5% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $178K | $182K | +2.2% |
3 Bedrooms | $267.4K | $269.9K | +0.9% |
4 Bedrooms | $257.5K | $334.9K | +30.1% |
5+ Bedrooms | $280K | $625K | +123.2% |
Summary: Lawrence Township housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes increased by 123.2%.
Median Sold Price Compared To Nearby Cities
Lawrence Township | $265K | $287.5K | +8.5% |
Bolivar | $265K | $285K | +7.5% |
Bethlehem Township | $156K | $155K | -0.6% |
Housing Supply in Lawrence Township, OH
How many homes are available in Lawrence Township, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 14 | -26.3% |
Summary: The Lawrence Township real estate market had 14 homes for sale in May 2024, a 26.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 11 | 9 | -18.2% |
4 Bedrooms | 4 | 1 | -75.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lawrence Township housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes decreased by 75%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Lawrence Township in May 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
28 Days | 41 Days | +45.6% |
Summary: Homes in Lawrence Township had an average of 41 days on market in May 2024, up by 45.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Lawrence Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.