Is Lawrence, MI 49064 a buyer’s or seller’s market?
Lawrence is a buyer’s market. With about 12 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lawrence housing market right now
In the three months ending August 31, 2026, 25% of homes in Lawrence, MI 49064 sold above their list price, the typical home went under contract in 58 days and there were 12 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 27%, homes sold faster (78 days then) and the median sale price fell 46% to $154,233. Overall, Lawrence is more competitive than a year ago, so tougher for buyers.
Within Van Buren County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell more often over asking than in 55%.
Nearby, buyers who want less competition could look at Grand Junction 49056 (0% sold over asking) or Bloomingdale 49026 (0% sold over asking), while Hartford 49057 (36% sold over asking) and Lawton 49065 (35% sold over asking) are even more competitive.
Run the numbers for 49064
Nearby markets
Bangor 49013Seller’s market $137 /sq ftBloomingdale 49026Balanced $96 /sq ftCovert 49043Buyer’s market $221 /sq ftDecatur 49045Balanced $136 /sq ft Browse all markets →Towns like Lawrence nearby
Find towns like Lawrence in other states →Where Lawrence is
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Questions about Lawrence real estate
Is Lawrence a buyer’s or seller’s market?
A buyer’s market: there were 12 months of supply in Lawrence, MI 49064 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 Lawrence?
The typical home went under contract in 58 days in the latest three months.
Do homes in Lawrence sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 91.6% of the list price.
What are property taxes in Lawrence?
About 1.23% of a home’s value a year in Van Buren County, or roughly $4,920 on a $400,000 home.
What is the median home price in Lawrence?
The median sale price was $154,233 in the three months ending August 31, 2026, about $93 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