Is Lawrenceburg, TN 38464 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lawrenceburg is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score19/ 100

More competitive than 13% of U.S. ZIP codes, and #229 of 299 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.1Under 4 months = seller’s market
Sold above original list12.5%Share of sales, last 3 months
Median sale-to-list96.3%Sold price ÷ list price
Median days on market71Listing to accepted offer
Median price per sq ft$170▲ +6.3% vs. last year

The Lawrenceburg housing market right now

In the three months ending August 31, 2026, 13% of homes in Lawrenceburg, TN 38464 sold above their list price, the typical home went under contract in 71 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 66 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 8%, homes sold more slowly (58 days then) and the median sale price held steady to $269,134. Overall, Lawrenceburg is about as competitive as it was a year ago.

Within Lawrence County, homes here sell more slowly than in 57% of the county’s ZIP codes, and sell more often over asking than in 86%. On our competition score, Lawrenceburg ranks #229 of 299 TN ZIP codes with enough sales (score 19 out of 100).

Nearby, buyers who want less competition could look at Saint Joseph 38481 (0% sold over asking) or Loretto 38469 (0% sold over asking), while Westpoint 38486 (100% sold over asking) is even more competitive.

Nearby markets

Ethridge 38456Buyer’s market $185 /sq ftFive Points 38457Seller’s market $166 /sq ftLeoma 38468Balanced $195 /sq ftLoretto 38469Seller’s market $163 /sq ft Browse all markets →

Where Lawrenceburg is

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Questions about Lawrenceburg real estate

Is Lawrenceburg a buyer’s or seller’s market?

A balanced market: there were 5.1 months of supply in Lawrenceburg, TN 38464 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Lawrenceburg?

The typical home went under contract in 71 days in the latest three months.

Do homes in Lawrenceburg sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 96.3% of the list price.

What are property taxes in Lawrenceburg?

About 0.53% of a home’s value a year in Lawrence County, or roughly $2,120 on a $400,000 home.

What is the median home price in Lawrenceburg?

The median sale price was $269,134 in the three months ending August 31, 2026, about $170 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology