Housing Prices in South Lawrence, SD

How much do homes in South Lawrence, SD cost?

Median List Price

$827,500

$370/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

+$89,000(+12.1%)

Key Takeaway

The list price of homes in South Lawrence has increased by 12.1% since last year.

Summary: The median home list price in South Lawrence was $827,500 in March 2024, up 12.1% from the previous year, and the median price per square foot was $370.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $475K$469K
-1.3%
3 $689.9K$749.9K
+8.7%
4 $737K$842.5K
+14.3%
5+ $949.5K$1.2M
+31.0%

Summary: South Lawrence housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 31%.

Median List Price Compared To Nearby Cities

Lead
+122.7%
Deadwood
+46.4%
South Lawrence
+12.1%
North Lawrence
-2.1%

Housing Supply in South Lawrence, SD

How many homes are available in South Lawrence, SD?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2530+20.0%

Summary: The South Lawrence real estate market had 30 homes for sale in March 2024, a 20.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 11
0.0%
3 57
+40.0%
4 1214
+16.7%
5+ 78
+14.3%

Summary: The South Lawrence housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 14.3%.

Days on Market for South Lawrence, SD

How long does it take to sell a home in South Lawrence, SD?

Average Listing Age

Mar 2023Mar 2024CHANGE
269 Days129 Days-52.0%

Summary: Homes in South Lawrence had an average listing age of 129 days in Mar 2024, down by 52% compared to the previous year.

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

Report Updated 25 Days Ago

Newest Listings in South Lawrence, SD

Nearby Markets to South Lawrence, SD

What housing markets are near South Lawrence, SD?