Is Lawrenceville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lawrenceville is a seller's market

Buyer's
Market

Difference Since August 2021

Since last year, Lawrenceville has remained a Seller's Market.

Key Takeaway

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

How much do homes in Lawrenceville, GA cost?

Median Sold Price

$335,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2021

+$65,333(+24.2%)

Key Takeaway

Homes in Lawrenceville have sold for 24.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSAug 2021Aug 2022%
1 $183.5K$121.5K
-33.8%
2 $140K$217K
+55.0%
3 $243K$322K
+32.5%
4 $292.5K$375K
+28.2%
5+ $357.5K$454.8K
+27.2%

Median Sold Price Compared To Nearby Cities

Snellville-Grayson
+27.1%
Lawrenceville
+24.2%

How many homes are available in Lawrenceville, GA?

Number of Homes For Sale

Jul 2022Aug 2022%
114125+9.6%

Homes For Sale By Bedroom Count

# BEDSJul 2022Aug 2022%
1 00
0.0%
2 34
+33.3%
3 6469
+7.8%
4 3540
+14.3%
5+ 1212
0.0%

Number of Homes Sold

Jul 2022Aug 2022%
2736+33.3%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lawrenceville, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.

Average Sale Time

Aug 2021Aug 2022%
29 Days26 Days-9.4%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lawrenceville are selling fast, if you're buying plan to act quickly.

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

About Lawrenceville, GA

Lawrenceville, GA has 125 homes on the market. The inventory of homes for sale in Lawrenceville, GA between July 2022 and August 2022 increased by 9.6%. Listings spent 26 days on the market in August 2022, and had a median list price of $335,000 during the same period. This housing market listing prices have changed between July 2022 and August 2022: prices of 1 bedroom properties decreased by 33.8%, 2 bedrooms properties became 55% more expensive, the cost of 3 bedrooms properties went up by 32.5%, prices of 4 bedrooms properties increased by 28.2%, prices of 5 bedrooms properties went up by 27.2%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory increased by 33.3%, 3 bedrooms homes inventory increased by 7.8%, the quantity of 4 bedrooms homes went up by 14.3%, number of 5 bedrooms homes remained the same. While more than 10 listings in Lawrenceville, GA in August 2022 were sold above asking price, there were more than 9 listings sold at asking price, and more than 17 were sold below.

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