The housing market in Lawrence, IL County is flourishing. The median value of homes is $78,400, which is significantly lower than the US House median value of $338,100. Furthermore, house appreciation over the last year in Lawrence has been 9.58%, compared to 8.27% nationally. This indicates that real estate in Lawrence has seen significant growth over the past year and continues to be an attractive investment option for buyers and sellers alike.
The median home cost in Lawrence County is $78,400. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Lawrence County is up 9.4%.
Average Age of Homes
- The median age of Lawrence County real estate is 60 years old
The Rental Market in Lawrence County
- Renters make up 20.5% of the Lawrence County population
- 0.7% 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.