The housing market in Lawrence, AL County is booming. The median value of a house in the county is $189,600, which is significantly lower than the US median value of $338,100. Furthermore, the one-year house appreciation rate for Lawrence County is 11.26%, higher than the US average of 8.27%. This indicates that housing prices in Lawrence County are growing faster than average and may be an attractive option for those seeking to purchase real estate.
The median home cost in Lawrence County is $189,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Lawrence County is up 19.8%.
Average Age of Homes
- The median age of Lawrence County real estate is 36 years old
The Rental Market in Lawrence County
- Renters make up 16.5% of the Lawrence County population
- 0.6% 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.