Lawrence County, Pennsylvania Housing Market
In Lawrence County, Pennsylvania, the median home value is $147,200, with a median monthly rent of $831. This places Lawrence County at #2280 nationally out of 3134 counties by median home value, and #57 within Pennsylvania.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,052
- Establishments: 1,904
- BLS QCEW, 2025
Housing Supply
- Single-family: 64
- Multi-family: 6
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 36,365 (avg $67,427)
- Outflow: 35,223 (avg $67,707)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 3 active ZIP codes in Lawrence County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 16142 | 213.3 | -8.09% | 2025 |
| 2 | 16105 | 210.4 | +7.05% | 2025 |
| 3 | 16101 | 200.7 | +2.22% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
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💰 Mortgage Guide → 🧾 Property Tax Data →How Lawrence County Compares
| Metric | Lawrence County | Pennsylvania Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $147,200 | $212,079 | $227,706 |
| Median Gross Rent | $831 | $990 | $968 |
| Owner Occupancy Rate | 75.8% | 74.2% | 73.3% |
| Price/Rent Ratio | 14.8 | 17.5 | 18.7 |
Market Analysis
The median home value in Lawrence County is 30.6% below the Pennsylvania state average and 35.4% below the U.S. national average. The median rent of $831/month is 16.1% below the state average.
With a price-to-rent ratio of 14.8, buying a home in Lawrence County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Lawrence County has an owner-occupancy rate of 75.8%, compared to 74.2% in Pennsylvania and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Lincoln County | Kentucky | $147,300 | $698 |
| Norman County | Minnesota | $147,100 | $774 |
| Pierce County | North Dakota | $147,300 | $850 |
| Lynn County | Texas | $147,300 | $927 |
| Potter County | Texas | $147,300 | $1,022 |
Other Counties in Pennsylvania
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Somerset County | $150,600 | $753 | 80.4% |
| Fayette County | $143,200 | $793 | 72.4% |
| Indiana County | $152,800 | $800 | 72.1% |
| Schuylkill County | $153,000 | $876 | 76.1% |
| Potter County | $153,100 | $809 | 79.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).