$110,000
21.10 Acres
Land
Listing Office: Dream Key Real Estate, LLC
Is Lawrence County, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$200,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$8,500(+4.4%)
Key Takeaway
Homes in Lawrence County have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Lawrence County was $200,000 in November 2024, up 4.4% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $131.2K | N/A |
| 2 Bedrooms | $146.5K | $162.9K | +11.2% |
| 3 Bedrooms | $199.9K | $189K | -5.5% |
| 4 Bedrooms | $287.5K | $299.9K | +4.3% |
| 5+ Bedrooms | $295K | $290K | -1.7% |
Summary: Lawrence County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.2%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Counties
| Lawrence County | $191.5K | $200K | +4.4% |
| Limestone County | $329.7K | $325K | -1.4% |
Housing Supply in Lawrence County, AL
How many homes are available in Lawrence County, AL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 69 | 67 | -2.9% |
Summary: The Lawrence County real estate market had 67 homes for sale in November 2024, a 2.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 17 | 16 | -5.9% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Lawrence County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Asking Price vs. Sold Price
6 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 County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 9 homes were sold or pending in Lawrence County in November 2024, down by 10.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 11% were sold at asking, and 22% 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
