$950 Closing Credit*
$80,000
3 Beds
•1 Full Bath
Charles D Bowman, Listing Office: Charles Real Estate
Is Lawrence Township, OH 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 Township has remained a Seller's Market.
Key Takeaway
Lawrence Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lawrence Township, OH
How much do homes in Lawrence Township, OH cost?
Median Sold Price
$250,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,000(+9.2%)
Key Takeaway
Homes in Lawrence Township have sold for 9.2% more than they did a year ago.
Summary: The median home sold price in Lawrence Township was $250,000 in October 2024, up 9.2% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $159.9K | $210K | +31.3% |
| 3 Bedrooms | $229.9K | $252.7K | +9.9% |
| 4 Bedrooms | $243K | $285K | +17.3% |
| 5+ Bedrooms | $349.9K | $365K | +4.3% |
Summary: Lawrence Township 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 increased by 31.3%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 17.3%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
| Clinton | $250K | $275K | +10.0% |
| Lawrence Township | $229K | $250K | +9.2% |
| Canal Fulton | $245K | $260K | +6.1% |
| Baughman Township | $237.9K | $221K | -7.1% |
| North Lawrence | $298K | $228K | -23.5% |
Housing Supply in Lawrence Township, OH
How many homes are available in Lawrence Township, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 48 | 40 | -16.7% |
Summary: The Lawrence Township real estate market had 40 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 3 | -50.0% |
| 3 Bedrooms | 26 | 23 | -11.5% |
| 4 Bedrooms | 15 | 13 | -13.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lawrence Township 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 50%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 10 | -44.4% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrence Township, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.
Summary: A total of 10 homes were sold or pending in Lawrence Township in October 2024, down by 44.4% month-over-month. Of the 10 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.
Days on Market for Lawrence Township, OH
How long does it take to sell a home in Lawrence Township, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 28 Days | 42 Days | +49.8% |
Summary: Homes in Lawrence Township had an average of 42 days on market in Oct 2024, up by 49.8% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lawrence Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 10 homes were sold in Lawrence Township; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.