Is Lawrence County, SD 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 Neutral Market.
Housing Prices in Lawrence County, SD
How much do homes in Lawrence County, SD cost?
Median Sold Price
$450,000
$213/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lawrence County was $450,000 in April 2024, up 8.3% from last year, and the median price per square foot was $213.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $175K | +34.6% |
2 Bedrooms | $225K | $243.5K | +8.2% |
3 Bedrooms | $380.9K | $425K | +11.6% |
4 Bedrooms | $455.2K | $505.5K | +11.0% |
5+ Bedrooms | $716.2K | $767.5K | +7.2% |
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 34.6%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 11%, and 5+ bedroom homes increased by 7.2%.
Median Sold Price Compared To Nearby Counties
Butte County | $255.5K | $322.5K | +26.2% |
Lawrence County | $415.5K | $450K | +8.3% |
Meade County | $360K | $390K | +8.3% |
Pennington County | $348.4K | $354.9K | +1.9% |
Housing Supply in Lawrence County, SD
How many homes are available in Lawrence County, SD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
153 | 190 | +24.2% |
Summary: The Lawrence County real estate market had 190 homes for sale in April 2024, a 24.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 4 | +100.0% |
2 Bedrooms | 20 | 22 | +10.0% |
3 Bedrooms | 52 | 62 | +19.2% |
4 Bedrooms | 44 | 55 | +25.0% |
5+ Bedrooms | 35 | 47 | +34.3% |
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 100%, 2 bedroom homes increased by 10%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 34.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
17 | 25 | +47.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 25 homes were sold or pending in Lawrence County in April 2024, up by 47.1% month-over-month. Of the 25 sold homes, 48% were sold under asking, 44% were sold at asking, and 8% were sold over asking.
Days on Market for Lawrence County, SD
We’re sorry, we don't have information for this market at the moment