$4,869 Closing Credit*
$410,000
3,815 SqFt
5 Beds
•3 Full Baths
Valerie Flora, Listing Office: Berkshire Hathaway The Preferred Realty
Is Lawrence County, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Lawrence County was a Seller's Market.
Key Takeaway
Lawrence County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Lawrence County, PA
How much do homes in Lawrence County, PA cost?
Median Sold Price
$150,025
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$5,222(+3.6%)
Key Takeaway
Homes in Lawrence County have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Lawrence County was $150,025 in October 2024, up 3.6% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30.4K | $64.9K | +113.5% |
| 2 Bedrooms | $116K | $115K | -0.9% |
| 3 Bedrooms | $149.9K | $151.2K | +0.9% |
| 4 Bedrooms | $175K | $215.5K | +23.1% |
| 5+ Bedrooms | $259.7K | $218.5K | -15.9% |
Summary: Lawrence County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 113.5%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Counties
| Mahoning County | $149.6K | $165.6K | +10.6% |
| Mercer County | $149.3K | $163K | +9.2% |
| Butler County | $322.7K | $350.1K | +8.5% |
| Beaver County | $180.1K | $190.2K | +5.6% |
| Lawrence County | $144.8K | $150K | +3.6% |
Housing Supply in Lawrence County, PA
How many homes are available in Lawrence County, PA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 438 | 446 | +1.8% |
Summary: The Lawrence County real estate market had 446 homes for sale in October 2024, a 1.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 97 | 96 | -1.0% |
| 3 Bedrooms | 237 | 239 | +0.8% |
| 4 Bedrooms | 84 | 86 | +2.4% |
| 5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The Lawrence County 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 1%, 3 bedroom homes increased by 0.8%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 69 | +6.2% |
Asking Price vs. Sold Price
37 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrence County, you may be able to get a good deal. 53.6% of homes here sold below asking price last month.
Summary: A total of 69 homes were sold or pending in Lawrence County in October 2024, up by 6.2% month-over-month. Of the 69 sold homes, 54% were sold under asking, 10% were sold at asking, and 36% were sold over asking.
Days on Market for Lawrence County, PA
How long does it take to sell a home in Lawrence County, PA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 63 Days | 57 Days | -9.6% |
Summary: Homes in Lawrence County had an average of 57 days on market in Oct 2024, down by 9.6% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lawrence County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 69 homes were sold in Lawrence County; 41% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.