Is Lawrence, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lawrence is a 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, WI

How much do homes in Lawrence, WI cost?

Median Sold Price

$483,950

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,500(+4.6%)

Key Takeaway

Homes in Lawrence have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Lawrence was $483,950 in November 2024, up 4.6% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $339.9K$284.5K
-16.3%
3 $446.2K$454.4K
+1.8%
4 $515K$555K
+7.8%
5+ $672.4K$682.5K
+1.5%

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 decreased by 16.3%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 1.5%.

Median Sold Price Compared To Nearby Cities

Ashwaubenon
+20.0%
Ledgeview
+5.4%
De Pere
+5.1%
Lawrence
+4.6%

Housing Supply in Lawrence, WI

How many homes are available in Lawrence, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
29290.0%

Summary: The Lawrence real estate market had 29 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 1518
+20.0%
4 76
-14.3%
5+ 54
-20.0%

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 decreased by 50%, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
96-33.3%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lawrence, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Lawrence in November 2024, down by 33.3% month-over-month. Of the 6 sold homes, 33% were sold under asking, 17% were sold at asking, and 50% were sold over asking.

Days on Market for Lawrence, WI

We’re sorry, we don't have information for this market at the moment

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 Lawrence, WI

Nearby Markets to Lawrence, WI

What housing markets are near Lawrence, WI?