Is Lawrence County, AR 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 Last Month

Since last month, 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, AR

How much do homes in Lawrence County, AR cost?

Median Sold Price

$146,317

$98/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$10,683(-6.8%)

Key Takeaway

Homes in Lawrence County have sold for 6.8% less than they did a month ago.

Summary: The median home sold price in Lawrence County was $146,317 in December 2024, down 6.8% from last month, and the median price per square foot was $98.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 $100K$77.9K
-22.1%
3 $160.5K$146.3K
-8.8%
4 $228.5K$201K
-12.0%
5+ --
N/A

Summary: Lawrence County housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 22.1%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Randolph County
+151.1%
Greene County
+28.0%
Sharp County
+13.0%
Craighead County
+9.2%
Lawrence County
-6.8%

Housing Supply in Lawrence County, AR

How many homes are available in Lawrence County, AR?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4339-9.3%

Summary: The Lawrence County real estate market had 39 homes for sale in December 2024, a 9.3% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 78
+14.3%
3 2724
-11.1%
4 53
-40.0%
5+ 33
0.0%

Summary: The Lawrence County housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
98-11.1%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 83.3% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Lawrence County in December 2024, down by 11.1% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Lawrence County, AR

We’re sorry, we don't have information for this market at the moment

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

Report Updated 2 Days Ago

Newest Listings in Lawrence County, AR

Nearby Markets to Lawrence County, AR

What housing markets are near Lawrence County, AR?