The housing market in Lawrence, OH County is doing quite well compared to the national average. The median value of a home in Lawrence is $126,500, which is significantly lower than the US median value of $338,100. However, the one-year appreciation rate for housing in Lawrence has been quite strong at 14.03%, higher than the national rate of 8.27%. This indicates that the housing market in Lawrence is in good health and should continue to be a viable investment option for those looking to invest in real estate.
The median home cost in Lawrence County is $126,500. Home appreciation the last 10 years has been 56.3%. Home Appreciation in Lawrence County is up 13.7%.
Average Age of Homes
- The median age of Lawrence County real estate is 43 years old
The Rental Market in Lawrence County
- Renters make up 22.3% of the Lawrence County population
- 1.0% of houses and apartments in Lawrence County, 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.