The housing market in Lawrence, MI is on the rise. The median home value in the area is currently $189,100 and has seen a 10.54% appreciation in the past year alone. This is higher than the US average of 8.27% and more than double the median home value for the US which currently stands at $338,100. This shows that Lawrence MI has a desirable and growing housing market which can be an attractive option for potential homeowners looking to invest in real estate.
The median home cost in Lawrence is $189,100. Home appreciation the last 10 years has been 90.4%. Home Appreciation in Lawrence is up 14.9%.
Average Age of Homes
- The median age of Lawrence real estate is 46 years old
The Rental Market in Lawrence
- Renters make up 34.6% of the Lawrence population
- 1.9% of houses and apartments in Lawrence, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.