Is Lawrence County, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lawrence County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Lawrence County has remained a Seller's Market.

Key Takeaway

Lawrence County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lawrence County, MO

How much do homes in Lawrence County, MO cost?

Median Sold Price

$174,666

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$4,741(+2.8%)

Key Takeaway

Homes in Lawrence County have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Lawrence County was $174,666 in April 2024, up 2.8% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $137.4K$81.2K
-40.9%
2 $112.2K$100K
-10.9%
3 $174.9K$192.4K
+10.0%
4 $259.9K$250K
-3.8%
5+ $309.9K$339K
+9.4%

Summary: Lawrence County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.9%, 2 bedroom homes decreased by 10.9%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Counties

Dade County
+26.2%
Barry County
+16.0%
Jasper County
+7.2%
Greene County
+4.6%
Lawrence County
+2.8%

Housing Supply in Lawrence County, MO

How many homes are available in Lawrence County, MO?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
145157+8.3%

Summary: The Lawrence County real estate market had 157 homes for sale in April 2024, a 8.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 54
-20.0%
2 2022
+10.0%
3 8795
+9.2%
4 2526
+4.0%
5+ 810
+25.0%

Summary: The Lawrence County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2138+81.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lawrence County, you may be able to get a good deal. 47.4% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Lawrence County in April 2024, up by 81.0% month-over-month. Of the 38 sold homes, 47% were sold under asking, 18% were sold at asking, and 34% were sold over asking.

Days on Market for Lawrence County, MO

How long does it take to sell a home in Lawrence County, MO?

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days47 Days-5.8%

Summary: Homes in Lawrence County had an average of 47 days on market in Apr 2024, down by 5.8% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lawrence County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 38 homes were sold in Lawrence County; 55% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.

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

Report Updated 5 Days Ago

Newest Listings in Lawrence County, MO

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