Is Lawrence Township, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lawrence Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Lawrence Township was a Seller's Market.

Key Takeaway

Lawrence Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Lawrence Township, OH

How much do homes in Lawrence Township, OH cost?

Median Sold Price

$290,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$20,000(+7.4%)

Key Takeaway

Homes in Lawrence Township have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in Lawrence Township was $290,000 in October 2024, up 7.4% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $192.5K$182K
-5.5%
3 $269.9K$280K
+3.7%
4 $336.9K$334.9K
-0.6%
5+ $295K$414.5K
+40.5%

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 decreased by 5.5%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 40.5%.

Median Sold Price Compared To Nearby Cities

Sandy Township
+39.2%
Bethlehem Township
+7.6%
Lawrence Township
+7.4%
Bolivar
+4.4%

Housing Supply in Lawrence Township, OH

How many homes are available in Lawrence Township, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2217-22.7%

Summary: The Lawrence Township real estate market had 17 homes for sale in October 2024, a 22.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 96
-33.3%
4 76
-14.3%
5+ 32
-33.3%

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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
81-87.5%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lawrence Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Lawrence Township in October 2024, down by 87.5% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2023Oct 2024CHANGE
49 Days18 Days-63.3%

Summary: Homes in Lawrence Township had an average of 18 days on market in Oct 2024, down by 63.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lawrence Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 1 homes were sold in Lawrence Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 16 Days Ago

Newest Listings in Lawrence Township, OH

Nearby Markets to Lawrence Township, OH