Is Lawrence County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Lawrence County was a Seller's Market.
Key Takeaway
Lawrence County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lawrence County, PA
How much do homes in Lawrence County, PA cost?
Median Sold Price
$146,200
$101/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Lawrence County has remained the same since last year.
Summary: The median home sold price in Lawrence County was $146,200 in April 2024, down 0.1% from last year, and the median price per square foot was $101.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $58K | +93.3% |
| 2 Bedrooms | $103.3K | $115K | +11.3% |
| 3 Bedrooms | $153.7K | $150K | -2.4% |
| 4 Bedrooms | $184.7K | $189.9K | +2.8% |
| 5+ Bedrooms | $182.4K | $280K | +53.5% |
Summary: Lawrence County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 93.3%, 2 bedroom homes increased by 11.3%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 53.5%.
Median Sold Price Compared To Nearby Counties
| Mahoning County | $143.3K | $157.8K | +10.1% |
| Mercer County | $140K | $151.7K | +8.3% |
| Butler County | $308.6K | $330.9K | +7.2% |
| Beaver County | $178.4K | $182.4K | +2.2% |
| Lawrence County | $146.3K | $146.2K | -0.1% |
Housing Supply in Lawrence County, PA
How many homes are available in Lawrence County, PA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 357 | 371 | +3.9% |
Summary: The Lawrence County real estate market had 371 homes for sale in April 2024, a 3.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 6 | +50.0% |
| 2 Bedrooms | 82 | 83 | +1.2% |
| 3 Bedrooms | 199 | 196 | -1.5% |
| 4 Bedrooms | 57 | 67 | +17.5% |
| 5+ Bedrooms | 15 | 19 | +26.7% |
Summary: The Lawrence County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 1.5%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 26.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 70 | 57 | -18.6% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrence County, you may be able to get a good deal. 56.1% of homes here sold below asking price last month.
Summary: A total of 57 homes were sold or pending in Lawrence County in April 2024, down by 18.6% month-over-month. Of the 57 sold homes, 56% were sold under asking, 18% were sold at asking, and 26% were sold over asking.
Days on Market for Lawrence County, PA
How long does it take to sell a home in Lawrence County, PA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 83 Days | 70 Days | -15.3% |
Summary: Homes in Lawrence County had an average of 70 days on market in Apr 2024, down by 15.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lawrence County has remained consistent over time.
Summary: During April 2024, 57 homes were sold in Lawrence County; 33% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.