Lawrence, MA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Lawrence, MA is $562,500, down 1.3% year-over-year. Homes sell in an average of 40 days with 28 active listings. The market is currently a strong seller's market.
$562,500median sale price
Is Lawrence a buyer's or seller's market?
Lawrence, MA is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
40
Average pace
Active listings
28
1.8 months supply
Sale-to-list
101.1%
Above asking
Lawrence, MA market data
| Metric | Value |
|---|---|
| Median sale price | $562,500 |
| Median list price | $689,000 |
| Year-over-year price change | -1.3% |
| Average days on market | 40 days |
| Active inventory | 28 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 101.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The Lawrence housing market is currently classified as a strong seller's market with a median sale price of $562,500. Prices have fallen 1.3% compared to last year, with homes spending an average of 40 days on market, indicating 1.8 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
Homes for sale in Lawrence
There are currently 28 homes listed for sale in Lawrence, Massachusetts. The median listing price is $689K.
Active listings
28
Homes on market
Median list price
$689K
Avg. days on market
40
Days until sale
New this week
13
Newly listed
Top public schools in Lawrence
29 schools tracked · 15,201 students
The largest public schools serving Lawrence, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Lawrence High School
Grades 9-12 · 3,246 students
Community Day Charter Public School
Grades PK-8 · 1,200 students
Lawrence Family Development Charter School
Grades PK-8 · 879 students
Edward F. Parthum
Grades K-4 · 679 students
South Lawrence East Elementary School
Grades 1-5 · 660 students
Parthum Middle School
Grades 5-8 · 590 students
Arlington Middle School
Grades 5-8 · 588 students
Arlington Elementary
Grades K-4 · 556 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Lawrence?
The median home sale price in Lawrence is $562,500, down 1.3% from last year.
How long do homes stay on market in Lawrence?
Homes typically spend 40 days on market before going under contract.
Is Lawrence a buyer's or seller's market?
With 1.8 months of supply, Lawrence is currently a strong seller's market.
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