Is Lawrence County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lawrence County was a Seller's Market.
Housing Prices in Lawrence County, PA
How much do homes in Lawrence County, PA cost?
Median Sold Price
$146,200
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lawrence County was $146,200 in April 2024, down 0.1% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $30K | $58K | +93.3% |
2 Bedrooms | $103.3K | $115K | +11.3% |
3 Bedrooms | $153.7K | $150K | -2.4% |
4 Bedrooms | $184.7K | $189.9K | +2.8% |
5+ Bedrooms | $182.4K | $280K | +53.5% |
Summary: Lawrence County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.3%, 2 bedroom homes increased by 11.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 53.5%.
Median Sold Price Compared To Nearby Counties
Mahoning County | $143.3K | $157.8K | +10.1% |
Mercer County | $140K | $151.7K | +8.3% |
Butler County | $308.6K | $330.9K | +7.2% |
Beaver County | $178.4K | $182.4K | +2.2% |
Lawrence County | $146.3K | $146.2K | -0.1% |
Housing Supply in Lawrence County, PA
How many homes are available in Lawrence County, PA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
357 | 371 | +3.9% |
Summary: The Lawrence County real estate market had 371 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 82 | 83 | +1.2% |
3 Bedrooms | 199 | 196 | -1.5% |
4 Bedrooms | 57 | 67 | +17.5% |
5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The Lawrence County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 57 | -18.6% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in Lawrence County in April 2024, down by 18.6% month-over-month. Of the 57 sold homes, 56% were sold under asking, 18% were sold at asking, and 26% were sold over asking.
Days on Market for Lawrence County, PA
How long does it take to sell a home in Lawrence County, PA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
83 Days | 70 Days | -15.3% |
Summary: Homes in Lawrence County had an average of 70 days on market in Apr 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During April 2024, 57 homes were sold in Lawrence County; 33% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.