Is Lawrence, WI 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 has remained a Seller's Market.
Key Takeaway
Lawrence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lawrence, WI
How much do homes in Lawrence, WI cost?
Median Sold Price
$499,900
$216/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Lawrence have sold for 16.3% more than they did a year ago.
Summary: The median home sold price in Lawrence was $499,900 in April 2024, up 16.3% from last year, and the median price per square foot was $216.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $267.2K | $326.4K | +22.2% |
| 3 Bedrooms | $424.9K | $480K | +13.0% |
| 4 Bedrooms | $460K | $567.5K | +23.4% |
| 5+ Bedrooms | $662.5K | $649.9K | -1.9% |
Summary: Lawrence 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 22.2%, 3 bedroom homes increased by 13%, 4 bedroom homes increased by 23.4%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Cities
| Ashwaubenon | $273.4K | $320K | +17.0% |
| Lawrence | $430K | $499.9K | +16.3% |
| De Pere | $340.2K | $390.3K | +14.7% |
| Ledgeview | $477K | $545K | +14.3% |
Housing Supply in Lawrence, WI
How many homes are available in Lawrence, WI?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 31 | 27 | -12.9% |
Summary: The Lawrence real estate market had 27 homes for sale in April 2024, a 12.9% 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 15 | 14 | -6.7% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Lawrence 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 33.3%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 5 | -58.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrence, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Lawrence in April 2024, down by 58.3% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Lawrence, WI
We’re sorry, we don't have information for this market at the moment
