Lawrence, KS

Leaning buyer's+5.5% YoY

Housing market overview · Updated weekly

$315,000median sale price

Homes sold

27

Last 12 weeks

Days on market

43

Average pace

Active listings

184

6.8 months supply

Sale-to-list

97.2%

Below asking

The Lawrence housing market is currently classified as a leaning buyer's with a median sale price of $315,000. Prices have risen 5.5% compared to last year, with homes spending an average of 43 days on market, indicating 6.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Lawrence?

The median home sale price in Lawrence is $315,000, up 5.5% from last year.

How long do homes stay on market in Lawrence?

Homes typically spend 43 days on market before going under contract.

Is Lawrence a buyer's or seller's market?

With 6.8 months of supply, Lawrence is currently a leaning buyer's.

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