Is North Lawrence, SD 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, North Lawrence has remained a Buyer's Market.
Housing Prices in North Lawrence, SD
How much do homes in North Lawrence, SD cost?
Median Sold Price
$652,500
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Lawrence was $652,500 in April 2024, down 3.3% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $640K | $550K | -14.1% |
2 Bedrooms | $347.5K | $230K | -33.8% |
3 Bedrooms | $480K | $517.5K | +7.8% |
4 Bedrooms | $735K | $782.5K | +6.5% |
5+ Bedrooms | $905K | $1.0M | +16.0% |
Summary: North Lawrence housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 14.1%, 2 bedroom homes decreased by 33.8%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 16%.
Median Sold Price Compared To Nearby Cities
Spearfish | $427K | $487K | +14.1% |
North Lawrence | $675K | $652.5K | -3.3% |
Housing Supply in North Lawrence, SD
How many homes are available in North Lawrence, SD?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
62 | 74 | +19.4% |
Summary: The North Lawrence real estate market had 74 homes for sale in April 2024, a 19.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 11 | 12 | +9.1% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 18 | 22 | +22.2% |
5+ Bedrooms | 16 | 20 | +25.0% |
Summary: The North Lawrence 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 9.1%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 9 | +50.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in North Lawrence in April 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% 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