Is North Lawrence, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, North Lawrence has remained a Seller's Market.
Key Takeaway
North Lawrence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Lawrence, OH
How much do homes in North Lawrence, OH cost?
Median Sold Price
$233,750
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in North Lawrence have sold for 21% less than they did a year ago.
Summary: The median home sold price in North Lawrence was $233,750 in May 2024, down 21% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $120K | - | N/A |
| 2 Bedrooms | $498.6K | $63.2K | -87.3% |
| 3 Bedrooms | $295.7K | $232.5K | -21.4% |
| 4 Bedrooms | $270K | $471K | +74.4% |
| 5+ Bedrooms | - | $235K | N/A |
Summary: North Lawrence 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 decreased by 87.3%, 3 bedroom homes decreased by 21.4%, 4 bedroom homes increased by 74.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Tuscarawas Township | $187.5K | $207.5K | +10.7% |
| Lawrence Township | $230.5K | $235K | +2.0% |
| Baughman Township | $238.9K | $237.5K | -0.6% |
| North Lawrence | $295.7K | $233.7K | -21.0% |
Housing Supply in North Lawrence, OH
How many homes are available in North Lawrence, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 5 | 0.0% |
Summary: The North Lawrence real estate market had 5 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The North Lawrence 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 decreased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Lawrence, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in North Lawrence in May 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for North Lawrence, OH
How long does it take to sell a home in North Lawrence, OH?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 2 Days | 4 Days | +77.8% |
Summary: Homes in North Lawrence had an average of 4 days on market in May 2024, up by 77.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Lawrence are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 1 homes were sold in North 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.
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