Is Lawrenceville, IL 62439 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Lawrenceville is a seller’s market. With about 3.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply3.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market3Listing to accepted offer
Median price per sq ft$82▼ −22.6% vs. last year

The Lawrenceville housing market right now

In the three months ending August 31, 2026, 0% of homes in Lawrenceville, IL 62439 sold above their list price, the typical home went under contract in 3 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (88 days then) and the median sale price rose 6% to $118,949. Overall, Lawrenceville is more competitive than a year ago, so tougher for buyers.

Nearby markets

Bridgeport 62417Buyer’s market $92 /sq ftSaint Francisville 62460 $94 /sq ftSumner 62466 — /sq ft Browse all markets →

Where Lawrenceville is

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Questions about Lawrenceville real estate

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

A seller’s market: there were 3.8 months of supply in Lawrenceville, IL 62439 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 Lawrenceville?

The typical home went under contract in 3 days in the latest three months.

Do homes in Lawrenceville sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Lawrenceville?

About 1.18% of a home’s value a year in Lawrence County, or roughly $4,720 on a $400,000 home.

What is the median home price in Lawrenceville?

The median sale price was $118,949 in the three months ending August 31, 2026, about $82 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