Is Lawrence Township, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lawrence Township has remained a Seller's Market.
Housing Prices in Lawrence Township, OH
How much do homes in Lawrence Township, OH cost?
Median Sold Price
$288,750
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lawrence Township was $288,750 in April 2024, up 9% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $178K | $183.5K | +3.1% |
3 Bedrooms | $269.9K | $267.4K | -0.9% |
4 Bedrooms | $257.5K | $334.9K | +30.1% |
5+ Bedrooms | $280K | $516K | +84.3% |
Summary: Lawrence Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.1%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 30.1%, and 5+ bedroom homes increased by 84.3%.
Median Sold Price Compared To Nearby Cities
Lawrence Township | $265K | $288.7K | +9.0% |
Bolivar | $265K | $285K | +7.5% |
Bethlehem Township | $155.5K | $155K | -0.3% |
Sandy Township | $154.5K | $142K | -8.1% |
Housing Supply in Lawrence Township, OH
How many homes are available in Lawrence Township, OH?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 19 | -5.0% |
Summary: The Lawrence Township real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 9 | 11 | +22.2% |
4 Bedrooms | 8 | 4 | -50.0% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Lawrence Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 22.2%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Lawrence Township in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Lawrence Township, OH
How long does it take to sell a home in Lawrence Township, OH?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
43 Days | 30 Days | -29.9% |
Summary: Homes in Lawrence Township had an average of 30 days on market in Apr 2024, down by 29.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Lawrence Township; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.