Is Lawrenceville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Lawrenceville has remained a Seller's Market.
Housing Prices in Lawrenceville, GA
How much do homes in Lawrenceville, GA cost?
Median Sold Price
$385,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lawrenceville was $385,000 in April 2024, up 2.7% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | - | N/A |
2 Bedrooms | $265K | $280K | +5.7% |
3 Bedrooms | $330.9K | $347.2K | +4.9% |
4 Bedrooms | $400K | $406K | +1.5% |
5+ Bedrooms | $482.1K | $495K | +2.7% |
Summary: Lawrenceville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.7%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 2.7%.
Median Sold Price Compared To Nearby Cities
Lawrenceville | $375K | $385K | +2.7% |
Snellville-Grayson | $384K | $388.1K | +1.1% |
Housing Supply in Lawrenceville, GA
How many homes are available in Lawrenceville, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
943 | 1,053 | +11.7% |
Summary: The Lawrenceville real estate market had 1,053 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 36 | 45 | +25.0% |
3 Bedrooms | 335 | 362 | +8.1% |
4 Bedrooms | 332 | 379 | +14.2% |
5+ Bedrooms | 240 | 267 | +11.3% |
Summary: The Lawrenceville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 11.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
243 | 243 | 0.0% |
Asking Price vs. Sold Price
88 Homes Were Sold
Under Asking
69 Homes Were Sold
At Asking
78 Homes Were Sold
Over Asking
Summary: A total of 243 homes were sold or pending in Lawrenceville in April 2024, the same as the previous month. Of the 235 sold homes, 37% were sold under asking, 29% were sold at asking, and 33% were sold over asking.
Days on Market for Lawrenceville, GA
How long does it take to sell a home in Lawrenceville, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 24 Days | -17.9% |
Summary: Homes in Lawrenceville had an average of 24 days on market in Apr 2024, down by 17.9% compared to last year.
Breakdown of Home Sale Times
185 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Summary: During April 2024, 243 homes were sold in Lawrenceville; 76% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.