Is North Lawrence, 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, North Lawrence was a Seller's Market.
Housing Prices in North Lawrence, SD
How much do homes in North Lawrence, SD cost?
Median Sold Price
$679,950
$264/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $640K | $550K | -14.1% |
2 Bedrooms | $347.5K | $232.5K | -33.1% |
3 Bedrooms | $480K | $509.5K | +6.1% |
4 Bedrooms | $735K | $795K | +8.2% |
5+ Bedrooms | $905K | $1.0M | +16.0% |
Summary: North Lawrence housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes decreased by 33.1%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 16%.
Median Sold Price Compared To Nearby Cities
Spearfish | $424K | $489K | +15.3% |
North Lawrence | $680K | $679.9K | 0% |
Housing Supply in North Lawrence, SD
How many homes are available in North Lawrence, SD?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 65 | +35.4% |
Summary: The North Lawrence real estate market had 65 homes for sale in March 2024, a 35.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 7 | 12 | +71.4% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The North Lawrence 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 71.4%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in North Lawrence in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for North Lawrence, SD
We’re sorry, we don't have information for this market at the moment