Is Lawrence County, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Lawrence County was a Seller's Market.
Housing Prices in Lawrence County, SD
How much do homes in Lawrence County, SD cost?
Median Sold Price
$449,666
$212/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Lawrence County was $449,666 in March 2024, up 8.8% from last year, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $225.4K | +80.3% |
2 Bedrooms | $225K | $238K | +5.8% |
3 Bedrooms | $379.9K | $410.5K | +8.1% |
4 Bedrooms | $445K | $515K | +15.7% |
5+ Bedrooms | $715.6K | $775K | +8.3% |
Summary: Lawrence County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.3%, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 8.3%.
Median Sold Price Compared To Nearby Counties
Butte County | $259K | $310.5K | +19.9% |
Meade County | $352.5K | $390K | +10.6% |
Lawrence County | $413.3K | $449.6K | +8.8% |
Pennington County | $348K | $355.2K | +2.1% |
Housing Supply in Lawrence County, SD
How many homes are available in Lawrence County, SD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
123 | 156 | +26.8% |
Summary: The Lawrence County real estate market had 156 homes for sale in March 2024, a 26.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 15 | 22 | +46.7% |
3 Bedrooms | 41 | 50 | +22.0% |
4 Bedrooms | 33 | 46 | +39.4% |
5+ Bedrooms | 33 | 36 | +9.1% |
Summary: The Lawrence County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 46.7%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 39.4%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
15 | 14 | -6.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 14 homes were sold or pending in Lawrence County in March 2024, down by 6.7% month-over-month. Of the 14 sold homes, 71% were sold under asking, 21% were sold at asking, and 7% were sold over asking.
Days on Market for Lawrence County, SD
We’re sorry, we don't have information for this market at the moment