Is Lawrenceville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Lawrenceville has remained a Seller's Market.
Housing Prices in Lawrenceville, GA
How much do homes in Lawrenceville, GA cost?
Median Sold Price
$389,967
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Lawrenceville was $389,967 in June 2024, up 3.5% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | - | N/A |
2 Bedrooms | $271.5K | $286K | +5.3% |
3 Bedrooms | $335K | $349.9K | +4.5% |
4 Bedrooms | $400K | $413.3K | +3.3% |
5+ Bedrooms | $476.1K | $500K | +5.0% |
Summary: Lawrenceville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
Lawrenceville | $376.7K | $389.9K | +3.5% |
Snellville-Grayson | $384.6K | $390.3K | +1.5% |
Housing Supply in Lawrenceville, GA
How many homes are available in Lawrenceville, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,157 | 1,138 | -1.6% |
Summary: The Lawrenceville real estate market had 1,138 homes for sale in June 2024, a 1.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 39 | 34 | -12.8% |
3 Bedrooms | 418 | 411 | -1.7% |
4 Bedrooms | 428 | 408 | -4.7% |
5+ Bedrooms | 272 | 284 | +4.4% |
Summary: The Lawrenceville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.8%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 4.4%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
372 | 244 | -34.4% |
Asking Price vs. Sold Price
106 Homes Were Sold
Under Asking
50 Homes Were Sold
At Asking
84 Homes Were Sold
Over Asking
Summary: A total of 244 homes were sold or pending in Lawrenceville in June 2024, down by 34.4% month-over-month. Of the 240 sold homes, 44% were sold under asking, 21% were sold at asking, and 35% were sold over asking.
Days on Market for Lawrenceville, GA
How long does it take to sell a home in Lawrenceville, GA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
18 Days | 22 Days | +21.0% |
Summary: Homes in Lawrenceville had an average of 22 days on market in Jun 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
181 Homes Were Sold
Under 30 Days
51 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During June 2024, 244 homes were sold in Lawrenceville; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.