Lawrence, MA
Housing market overview · Updated weekly
$562,500median sale price
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
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
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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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