Is Lawrence County, IN 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.

How much do homes in Lawrence County, IN cost?

Median Sold Price

$224,000

$129/sqft

Based on all homes sold in February 2023.

Difference Since Last Month

+$64,150(+40.1%)

Key Takeaway

Homes in Lawrence County have sold for 40.1% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSJan 2023Feb 2023%
1 $130K-
N/A
2 $110K$125.7K
+14.3%
3 $189.5K$223.9K
+18.2%
4 $149.9K$323K
+115.5%
5+ $660K$238K
-63.9%

Median Sold Price Compared To Nearby Counties

Lawrence County
+40.1%
Monroe County
+14.8%
Orange County
-20.8%
Washington County
-58.4%

How many homes are available in Lawrence County, IN?

Number of Homes For Sale

Jan 2023Feb 2023%
168162-3.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 73
-57.1%
2 2627
+3.8%
3 9087
-3.3%
4 3436
+5.9%
5+ 119
-18.2%

Number of Homes Sold

Jan 2023Feb 2023%
4451+15.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

15 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. 43.1% of homes here sold below asking price last month.

Average Sale Time

Jan 2023Feb 2023%
25 Days38 Days+51.0%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lawrence County has remained consistent over time.

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

About Lawrence County, IN

Homes for sale in Lawrence County, IN have reached 162. The number of listings in Lawrence County, IN decreased by 3.6% between January 2023 and February 2023. In February 2023 median list price was $224,000 and the average listing age was 38 days. Between February 2022 and February 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, prices of 2 bedrooms properties went up by 14.3%, 3 bedrooms properties became 18.2% more expensive, prices of 4 bedrooms properties increased by 115.5%, 5 bedrooms properties became 63.9% more cheaper. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 57.1%, the quantity of 2 bedrooms homes went up by 3.8%, the quantity of 3 bedrooms homes went down by 3.3%, number of 4 bedrooms homes increased by 5.9%, 5 bedrooms homes became 18.2% less available. Lawrence County, IN housing market in February 2023 saw over 15 listings sold above listed price, more than 14 sold at listed price and over 22 sold below.

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