Is Lawtey, FL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lawtey is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Lawtey has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Lawtey, FL

How much do homes in Lawtey, FL cost?

Median Sold Price

$286,500

$174/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

-$8,500(-2.9%)

Key Takeaway

Homes in Lawtey have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Lawtey was $286,500 in May 2024, down 2.9% from last year, and the median price per square foot was $174.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 --
N/A
2 -$274.9K
N/A
3 $270K$300K
+11.1%
4 $410.5K$326.4K
-20.5%
5+ $235.5K$290K
+23.1%

Summary: Lawtey housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 20.5%, and 5+ bedroom homes increased by 23.1%.

Housing Supply in Lawtey, FL

How many homes are available in Lawtey, FL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
770.0%

Summary: The Lawtey real estate market had 7 homes for sale in May 2024, the same as April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 11
0.0%
3 66
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Lawtey housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
15+400.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lawtey, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Lawtey in May 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for Lawtey, FL

How long does it take to sell a home in Lawtey, FL?

Average Sale Time

May 2023May 2024CHANGE
59 Days50 Days-14.5%

Summary: Homes in Lawtey had an average of 50 days on market in May 2024, down by 14.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Lawtey are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 5 homes were sold in Lawtey; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 2 Days Ago

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