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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing North Lawrence is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, North Lawrence was a Buyer's Market.

Key Takeaway

North Lawrence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in North Lawrence, OH

How much do homes in North Lawrence, OH cost?

Median Sold Price

$238,950

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$59,050(-19.8%)

Key Takeaway

Homes in North Lawrence have sold for 19.8% less than they did a year ago.

Summary: The median home sold price in North Lawrence was $238,950 in November 2024, down 19.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $313.6K$68.5K
-78.1%
3 $296K$201.2K
-32.0%
4 $355K$650K
+83.1%
5+ $235K$250K
+6.4%

Summary: North Lawrence housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 78.1%, 3 bedroom homes decreased by 32%, 4 bedroom homes increased by 83.1%, and 5+ bedroom homes increased by 6.4%.

Median Sold Price Compared To Nearby Cities

Tuscarawas Township
+13.2%
Lawrence Township
+9.5%
Sugar Creek Township
+1.9%
North Lawrence
-19.8%

Housing Supply in North Lawrence, OH

How many homes are available in North Lawrence, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
54-20.0%

Summary: The North Lawrence real estate market had 4 homes for sale in November 2024, a 20.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 21
-50.0%
4 21
-50.0%
5+ 11
0.0%

Summary: The North Lawrence 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 increased by 100%, 3 bedroom homes decreased by 50%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in North Lawrence, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in North Lawrence in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for North Lawrence, OH

How long does it take to sell a home in North Lawrence, OH?

Average Sale Time

Nov 2023Nov 2024CHANGE
4 Days10 Days+162.5%

Summary: Homes in North Lawrence had an average of 10 days on market in Nov 2024, up by 162.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 North Lawrence are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in North Lawrence; 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 17 Days Ago

Newest Listings in North Lawrence, OH

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