Lawrence, NJ Foreclosures
How much do homes sell for in Lawrence, NJ?
The average home price is currently $484,243.
In Lawrence, NJ, how many homes are available?
There are currently 22 active home listings available in Lawrence.
What’s the average rental cost in Lawrence, NJ?
The average rental price in Lawrence is $2,113.
What is the most expensive home in Lawrence?
The most expensive home sold in Lawrence had a price of $906,118.
What is currently the cheapest priced home in Lawrence, NJ?
The cheapest home for sale in Lawrence is priced at $111,671.
Living in Lawrence, NJ
Lawrence, NJ is a charming suburban community nestled in Mercer County, known for its excellent schools, nearby recreational areas, and vibrant community life. Just a short drive from Trenton and Princeton, Lawrence offers a blend of suburban tranquility and urban convenience. With an array of dining and shopping options, as well as beautiful parks, it is an ideal place for families and outdoor enthusiasts alike.
Current Market Conditions in Lawrence, NJ
The Lawrence real estate market is currently experiencing a steady demand for housing, reflecting a healthy mix of families and young professionals looking for suburban living. Inventory levels remain somewhat low, which drives prices upward, making it a competitive market.
Trends indicate that homes in Lawrence are selling quickly, often above asking price, as buyers are attracted to the area's amenities and quality of life. The influx of remote workers has also increased interest in homes with more space and proximity to outdoor activities.
Home Value Estimator For Lawrence, NJ
There are currently 32 real estate properties
in Lawrence, NJ,
with a median automated valuation model (AVM) price
of $372,413.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lawrence, NJ, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lawrence, NJ,
is $484,243.00, with the most expensive house
in Lawrence, NJ, topping out
at $906,118.00 and the cheapest home
in Lawrence, NJ,
clocking in at $111,671.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lawrence, NJ!
Rent Prices
In Lawrence, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lawrence, NJ, is on
a rollercoaster ride. The
average rent price in Lawrence, NJ,
is $2,113.00. Indeed, when looking to rent in
Lawrence, NJ, you can expect to pay as little
as $1,600.00 or as much
as $2,350.00,
with the average rent median estimated to
be $2,210.00. The good news is that finding
an affordable and desirable property to rent in Lawrence, NJ
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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