Is Lawrence County, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Lawrence County was a Neutral Market.
Housing Prices in Lawrence County, SD
How much do homes in Lawrence County, SD cost?
Median Sold Price
$449,666
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Lawrence County was $449,666 in February 2024, up 8.4% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $125K | $225.4K | +80.3% |
2 Bedrooms | $236.5K | $235K | -0.6% |
3 Bedrooms | $379K | $410K | +8.2% |
4 Bedrooms | $449K | $512.5K | +14.1% |
5+ Bedrooms | $695K | $775K | +11.5% |
Summary: Lawrence County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 80.3%, 2 bedroom homes decreased by 0.6%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Counties
Butte County | $255K | $350K | +37.3% |
Meade County | $350K | $403.3K | +15.2% |
Lawrence County | $415K | $449.6K | +8.4% |
Pennington County | $355.8K | $355K | -0.2% |
Housing Supply in Lawrence County, SD
How many homes are available in Lawrence County, SD?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
118 | 133 | +12.7% |
Summary: The Lawrence County real estate market had 133 homes for sale in February 2024, a 12.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 1 | -50.0% |
2 Bedrooms | 18 | 20 | +11.1% |
3 Bedrooms | 36 | 45 | +25.0% |
4 Bedrooms | 28 | 32 | +14.3% |
5+ Bedrooms | 34 | 35 | +2.9% |
Summary: The Lawrence County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 2.9%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 13 homes were sold or pending in Lawrence County in February 2024, down by 7.1% month-over-month. Of the 13 sold homes, 62% were sold under asking, 38% were sold at asking, and 0% 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