$5,759 Closing Credit*
$485,000
2,362 SqFt
4 Beds
•3 Full Baths
#82648, Listing Office: eXp Realty
Is North Lawrence, SD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, North Lawrence was a Seller's Market.
Key Takeaway
North Lawrence is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in North Lawrence, SD
How much do homes in North Lawrence, SD cost?
Median Sold Price
$719,500
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$94,500(+15.1%)
Key Takeaway
Homes in North Lawrence have sold for 15.1% more than they did a year ago.
Summary: The median home sold price in North Lawrence was $719,500 in November 2024, up 15.1% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $550K | $227.4K | -58.6% |
| 2 Bedrooms | $225K | $283.7K | +26.1% |
| 3 Bedrooms | $510K | $654.5K | +28.3% |
| 4 Bedrooms | $754.9K | $699K | -7.4% |
| 5+ Bedrooms | $975K | $1.0M | +7.7% |
Summary: North Lawrence housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.6%, 2 bedroom homes increased by 26.1%, 3 bedroom homes increased by 28.3%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 7.7%.
Median Sold Price Compared To Nearby Cities
| North Lawrence | $625K | $719.5K | +15.1% |
| Spearfish | $480K | $512K | +6.7% |
Housing Supply in North Lawrence, SD
How many homes are available in North Lawrence, SD?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 86 | 78 | -9.3% |
Summary: The North Lawrence real estate market had 78 homes for sale in November 2024, a 9.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 24 | 20 | -16.7% |
| 4 Bedrooms | 24 | 22 | -8.3% |
| 5+ Bedrooms | 29 | 26 | -10.3% |
Summary: The North Lawrence housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 10.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 6 | -50.0% |
Asking Price vs. Sold Price
6 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 North Lawrence, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in North Lawrence in November 2024, down by 50.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for North Lawrence, SD
We’re sorry, we don't have information for this market at the moment
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of Black Hills Association of REALTORS®. IDX information is provided exclusively 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. Information Deemed Reliable But Not Guaranteed. Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. 
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the REALTOR® Association of the Sioux Empire, Inc., Multiple Listing Service. Real estate listings held by other brokerage firms are marked with the Internet Data Exchange™ logo or the Internet Data Exchange thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is provided exclusively 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. The broker(s) providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The REALTOR® Association of the Sioux Empire, Inc. does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.