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 buyer's market

Buyer's
Market

Difference Since Last Month

Last month, 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, AR

How much do homes in Lawrence County, AR cost?

Median Sold Price

$134,650

$113/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$5,350(-3.8%)

Key Takeaway

Homes in Lawrence County have sold for 3.8% less than they did a month ago.

Summary: The median home sold price in Lawrence County was $134,650 in October 2024, down 3.8% from last month, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $127K-
N/A
3 $140K$134.6K
-3.8%
4 --
N/A
5+ --
N/A

Summary: Lawrence County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Greene County
+3.1%
Craighead County
-2.0%
Lawrence County
-3.8%
Sharp County
-10.8%
Randolph County
-45.6%

Housing Supply in Lawrence County, AR

How many homes are available in Lawrence County, AR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5149-3.9%

Summary: The Lawrence County real estate market had 49 homes for sale in October 2024, a 3.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1311
-15.4%
3 2725
-7.4%
4 68
+33.3%
5+ 44
0.0%

Summary: The Lawrence County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
94-55.6%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 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, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Lawrence County in October 2024, down by 55.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% 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 23 Days Ago

Newest Listings in Lawrence County, AR

Nearby Markets to Lawrence County, AR

What housing markets are near Lawrence County, AR?