Is Lawrence County, AR a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lawrence County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Lawrence County has remained a Seller's Market.

Key Takeaway

Lawrence County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lawrence County, AR

How much do homes in Lawrence County, AR cost?

Median Sold Price

$132,500

$84/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

+$2,500(+1.9%)

Key Takeaway

Homes in Lawrence County have sold for 1.9% more than they did a month ago.

Summary: The median home sold price in Lawrence County was $132,500 in September 2024, up 1.9% from last month, and the median price per square foot was $84.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 -$127K
N/A
3 $100.9K$132.5K
+31.3%
4 $250K-
N/A
5+ --
N/A

Summary: Lawrence County housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 31.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Randolph County
+21.6%
Lawrence County
+1.9%
Craighead County
-1.2%
Sharp County
-5.7%
Greene County
-10.6%

Housing Supply in Lawrence County, AR

How many homes are available in Lawrence County, AR?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4951+4.1%

Summary: The Lawrence County real estate market had 51 homes for sale in September 2024, a 4.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 1113
+18.2%
3 2727
0.0%
4 86
-25.0%
5+ 34
+33.3%

Summary: The Lawrence County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 18.2%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
990.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lawrence County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Lawrence County in September 2024, the same as the previous month. Of the 8 sold homes, 50% were sold under asking, 13% were sold at asking, and 38% were sold over asking.

Days on Market for Lawrence County, AR

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Lawrence County, AR

Nearby Markets to Lawrence County, AR

What housing markets are near Lawrence County, AR?