Lawrenceville, PA is a great place to live for those seeking affordable housing. The median value of homes in Lawrenceville is $194,800, which is well below the US median of $338,100. Despite being lower than the national average, the housing values are increasing at a faster pace with the 1 year appreciation rate being 10.35%, higher than the US' 8.27%. This trend could indicate growth in the region's real estate market, making it an appealing option for those who are looking to invest in home ownership.
The median home cost in Lawrenceville is $194,800. Home appreciation the last 10 years has been 51.5%. Home Appreciation in Lawrenceville is up 14.3%.
Average Age of Homes
- The median age of Lawrenceville real estate is 37 years old
The Rental Market in Lawrenceville
- Renters make up 37.9% of the Lawrenceville population
- 4.2% of houses and apartments in Lawrenceville, 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.