$4,096 Closing Credit*
$344,900
2,526 SqFt
3 Beds
•2 Full Baths, 2 Partial
Beth Thomas, Listing Office: Howard Hanna Real Estate Services
Is Lawrence, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lawrence has remained a Seller's Market.
Key Takeaway
Lawrence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lawrence, PA
How much do homes in Lawrence, PA cost?
Median Sold Price
$290,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$32,550(+12.6%)
Key Takeaway
Homes in Lawrence have sold for 12.6% more than they did a year ago.
Summary: The median home sold price in Lawrence was $290,000 in November 2024, up 12.6% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $232K | $255K | +9.9% |
| 3 Bedrooms | $269.9K | $281.7K | +4.4% |
| 4 Bedrooms | - | $440K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 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 increased by 9.9%, 3 bedroom homes increased by 4.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Fayette Township | $323.9K | $390K | +20.4% |
| Lawrence | $257.4K | $290K | +12.6% |
| Peters Township | $459.8K | $514.9K | +12.0% |
| Cecil Township | $355.5K | $360K | +1.3% |
Housing Supply in Lawrence, PA
How many homes are available in Lawrence, PA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 9 | +12.5% |
Summary: The Lawrence real estate market had 9 homes for sale in November 2024, a 12.5% increase 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 | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 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 increased by 20%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrence, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Lawrence in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Lawrence, PA
How long does it take to sell a home in Lawrence, PA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 16 Days | 16 Days | 0.0% |
Summary: Homes in Lawrence had an average of 16 days on market in Nov 2024, the same as 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
Key Takeaway
Many homes in Lawrence are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in 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.
