Market Overview
Home Prices in Lawrenceville, IL
The median home value in Lawrenceville, IL is $74,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 18.1% compared to a year ago and down 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lawrenceville are priced82% below average.
Over the past five years, Lawrenceville home values have risen by approximately15.0%, reflecting steady appreciation in this market.
Price History
Lawrenceville Home Price Trend
2020
$54,116
$54K
—
2021
$64,476
$64K
+19.1%
2022
$75,319
$75K
+16.8%
2023
$76,542
$77K
+1.6%
2024
$91,619
$92K
+19.7%
2025
$90,574
$91K
-1.1%
2026
$74,150
$74K
-18.1%
City Comparison
Lawrenceville vs. National Median
🏠 Lawrenceville
$74,150
National Median
$410,000
At $74,150, homes in Lawrenceville cost 82% below the national median of $410,000. This makes Lawrenceville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lawrenceville?
20% Down Payment
$14,830
on $74,150
Monthly P&I
$387/mo
30-yr @ 6.8%
Total Monthly Est.
~$491/mo
incl. taxes & insurance
Income Needed
$19,640
gross annual (30% rule)
10% Down Option
$7,415
+ PMI applies
Loan Amount (20% dn)
$59,320
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lawrenceville, IL?
The median home value in Lawrenceville is $74,150 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 18.1% year-over-year.
How much have home prices changed in Lawrenceville?
Over the past year, home values in Lawrenceville have decreased by 18.1%. Over five years, prices have risen approximately 15.0%.
How much do I need to earn to buy a home in Lawrenceville?
To comfortably afford the median home price of $74,150 with a 20% down payment ($14,830) at today's rates (6.8%), you'd need a gross annual income of approximately $19,640. This assumes keeping total housing costs at or below 30% of gross income.
How does Lawrenceville compare to the national average home price?
The national median home value is approximately $410,000. At $74,150, homes in Lawrenceville are 82% below the national average.