Lawrenceville, Georgia Real Estate & Housing Market

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Lawrenceville Housing Information

Index	Lawrenceville	Georgia	National
Median home price	$141,900	$152,400	$184,700
Median rent asked	$896	$897	$949
Avg. people per household	3.0	2.7	2.6
Owner occupied households	49.4%	62.8%	63.6%
Renter occupied households	50.6%	37.2%	36.4%

The above shows an overview of the real estate market in Lawrenceville, GA. Note how the median home price for Lawrenceville, GA runs $141,900, which is 7% lower than the average property price for Georgia. So you’re going to get real estate in Lawrenceville, GA that is on-average more affordable than what you’ll find in the rest of Georgia. As for rent, the median for Lawrenceville, GA runs $896, which is comparatively equal to the average rent for Georgia. For Lawrenceville, GA, about 49.4% of the population consist of home owners with about 3.0 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Lawrenceville, GA offers a wide variety of real estate. To find your perfect home in Lawrenceville, GA, filter your choice by price, location, and number of beds and baths using the search area above.

Lawrenceville Home Affordability

When deciding where to purchase Lawrenceville, GA real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Lawrenceville, GA the median home price is $141,900 and $41,578 is the median household income. As a result, the home price to income ratio in Lawrenceville, GA is 3.4x, which is 14% higher than the Georgia average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Lawrenceville, GA the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Lawrenceville, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Rest Haven, GA	88	$0	100%
Stone Mountain, GA	6,102	$84,000	55%
Redan, GA	34,100	$87,000	53%
Clarkston, GA	12,594	$96,600	48%
Auburn, GA	7,291	$108,200	41%
Lawrenceville, GA	30,127	$141,900	23%

Cities with similar population

City, State	Population	Home Price	National Avg.
Spring Valley, CA	30,128	$380,100	106%
Holly Springs, NC	30,126	$249,500	35%
Burlingame, CA	30,118	$1,447,400	684%
Orcutt, CA	30,109	$353,400	91%
Myrtle Beach, SC	30,106	$173,600	6%
Lawrenceville, GA	30,127	$141,900	23%

Source: The Lawrenceville, GA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).