$3,799 Closing Credit*
$319,900
1,700 SqFt
3 Beds
•1 Full Bath
Austin W Spieth, Listing Office: Michigan Top Producers
Is Lawton, MI 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, Lawton was a Seller's Market.
Key Takeaway
Lawton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Lawton, MI
How much do homes in Lawton, MI cost?
Median Sold Price
$302,490
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$36,990(+13.9%)
Key Takeaway
Homes in Lawton have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Lawton was $302,490 in November 2024, up 13.9% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $51.2K | $83K | +61.9% |
| 2 Bedrooms | $252K | $225K | -10.7% |
| 3 Bedrooms | $250K | $275K | +10.0% |
| 4 Bedrooms | $349.5K | $309.9K | -11.3% |
| 5+ Bedrooms | $575K | $384.9K | -33.1% |
Summary: Lawton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 61.9%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 11.3%, and 5+ bedroom homes decreased by 33.1%.
Median Sold Price Compared To Nearby Cities
| Lawton | $265.5K | $302.4K | +13.9% |
| Antwerp Township | $284.9K | $300K | +5.3% |
Housing Supply in Lawton, MI
How many homes are available in Lawton, MI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The Lawton real estate market had 21 homes for sale in November 2024, a 16.0% 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Lawton 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 decreased by 50%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lawton, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Lawton in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Lawton, MI
How long does it take to sell a home in Lawton, MI?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 26 Days | +1.3% |
Summary: Homes in Lawton had an average of 26 days on market in Nov 2024, up by 1.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lawton are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Lawton; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
