Lawrence County home listings asked for more money in May – see the current median price here

The median home in Lawrence County listed for $159,900 in May, up 3.2% from the previous month's $154,900, an analysis of data from Realtor.com shows.

Compared to May 2023, the median home list price increased 14.3% from $139,925.

April listings:Lawrence County home listings asked for more money in April: See the current median price here

The statistics in this article only pertain to houses listed for sale in Lawrence County, not houses that were sold. Information on your local housing market, along with other useful community data, is available at data.ellwoodcityledger.com.

Lawrence County's median home was 1,551 square feet, listed at $100 per square foot. The price per square foot of homes for sale is up 25.6% from May 2023.

Listings in Lawrence County moved slowly, at a median 67 days listed compared to the May national median of 44 days on the market. In the previous month, homes had a median of 56 days on the market. Around 66 homes were newly listed on the market in May, a 36.5% decrease from 104 new listings in May 2023.

The median home prices issued by Realtor.com may exclude many, or even most, of a market's homes. The price and volume represent only single-family homes, condominiums or townhomes. They include existing homes, but exclude most new construction as well as pending and contingent sales.

In Pennsylvania, median home prices were $325,000, a slight increase from April. The median Pennsylvania home listed for sale had 1,731 square feet, with a price of $192 per square foot.

Throughout the United States, the median home price was $442,450, a slight increase from the month prior. The median American home for sale was listed at 1,859 square feet, with a price of $233 per square foot.

The median home list price used in this report represents the midway point of all the houses or units listed over the given period of time. Experts say the median offers a more accurate view of what's happening in a market than the average list price, which would mean taking the sum of all listing prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.