$195,000
30.60 Acres
Land
Mary Allison Shepherd, Listing Office: Murney Associates - Primrose
Is Lawrence County, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 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, MO
How much do homes in Lawrence County, MO cost?
Median Sold Price
$198,000
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$17,000(-7.9%)
Key Takeaway
Homes in Lawrence County have sold for 7.9% less than they did a year ago.
Summary: The median home sold price in Lawrence County was $198,000 in October 2024, down 7.9% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | - | N/A |
| 2 Bedrooms | $151.5K | $95K | -37.3% |
| 3 Bedrooms | $227.7K | $199.9K | -12.2% |
| 4 Bedrooms | $264K | $223.4K | -15.4% |
| 5+ Bedrooms | - | - | N/A |
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 decreased by 37.3%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Jasper County | $186.6K | $198.6K | +6.4% |
| Greene County | $264.2K | $261.2K | -1.1% |
| Lawrence County | $215K | $198K | -7.9% |
| Barry County | $230K | $207.2K | -9.9% |
Housing Supply in Lawrence County, MO
How many homes are available in Lawrence County, MO?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 136 | 150 | +10.3% |
Summary: The Lawrence County real estate market had 150 homes for sale in October 2024, a 10.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 3 | -40.0% |
| 2 Bedrooms | 19 | 23 | +21.1% |
| 3 Bedrooms | 75 | 85 | +13.3% |
| 4 Bedrooms | 29 | 32 | +10.3% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
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 40%, 2 bedroom homes increased by 21.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrence County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Lawrence County in October 2024, up by 17.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Lawrence County, MO
How long does it take to sell a home in Lawrence County, MO?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 83 Days | 102 Days | +22.9% |
Summary: Homes in Lawrence County had an average of 102 days on market in Oct 2024, up by 22.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Lawrence County has remained consistent over time.
Summary: During October 2024, 27 homes were sold in Lawrence County; 0% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
