$1,544 Closing Credit*
$130,000
1,656 SqFt
2 Beds
•1 Full Bath
Listing Office: Marmac Real Estate
Is Lawrence County, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lawrence County was a Seller's Market.
Key Takeaway
Lawrence County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lawrence County, AL
How much do homes in Lawrence County, AL cost?
Median Sold Price
$199,950
$124/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$9,950(+5.2%)
Key Takeaway
Homes in Lawrence County have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Lawrence County was $199,950 in October 2024, up 5.2% from last year, and the median price per square foot was $124.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $131.2K | N/A |
| 2 Bedrooms | $145K | $165K | +13.8% |
| 3 Bedrooms | $193K | $189.5K | -1.8% |
| 4 Bedrooms | $275K | $292K | +6.2% |
| 5+ Bedrooms | $295K | $367.5K | +24.6% |
Summary: Lawrence County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 24.6%.
Median Sold Price Compared To Nearby Counties
| Lawrence County | $190K | $199.9K | +5.2% |
| Limestone County | $330K | $326.7K | -1.0% |
Housing Supply in Lawrence County, AL
How many homes are available in Lawrence County, AL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 67 | 71 | +6.0% |
Summary: The Lawrence County real estate market had 71 homes for sale in October 2024, a 6.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 30 | 36 | +20.0% |
| 4 Bedrooms | 21 | 19 | -9.5% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Lawrence County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 9 | -43.8% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrence County, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 9 homes were sold or pending in Lawrence County in October 2024, down by 43.8% month-over-month. Of the 9 sold homes, 22% were sold under asking, 67% were sold at asking, and 11% were sold over asking.
Days on Market for Lawrence County, AL
We’re sorry, we don't have information for this market at the moment
