Is Lawrence County, AR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Lawrence County was a Buyer's Market.
Housing Prices in Lawrence County, AR
How much do homes in Lawrence County, AR cost?
Median Sold Price
$111,400
$90/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Summary: The median home sold price in Lawrence County was $111,400 in May 2024, up 11.4% from last month, and the median price per square foot was $90.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $75K | $66.9K | -10.7% |
3 Bedrooms | $95K | $130.4K | +37.3% |
4 Bedrooms | $611.5K | $230K | -62.4% |
5+ Bedrooms | - | $90K | N/A |
Summary: Lawrence County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 37.3%, 4 bedroom homes decreased by 62.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
Randolph County | $129.5K | $165K | +27.4% |
Lawrence County | $100K | $111.4K | +11.4% |
Sharp County | $135K | $139.9K | +3.6% |
Greene County | $167.3K | $169K | +1.0% |
Craighead County | $202K | $195K | -3.5% |
Housing Supply in Lawrence County, AR
How many homes are available in Lawrence County, AR?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
35 | 38 | +8.6% |
Summary: The Lawrence County real estate market had 38 homes for sale in May 2024, a 8.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 10 | +42.9% |
3 Bedrooms | 19 | 21 | +10.5% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Lawrence County 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 increased by 42.9%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 11 | +175.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Lawrence County in May 2024, up by 175.0% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and 30% were sold over asking.
Days on Market for Lawrence County, AR
We’re sorry, we don't have information for this market at the moment