Lawrence, MA Housing Market & Real Estate

Strong seller's market-1.3% YoY

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?

Strong seller's market1.8 months of supply40 avg. days on 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

Current housing market statistics for Lawrence, MA
MetricValue
Median sale price$562,500
Median list price$689,000
Year-over-year price change-1.3%
Average days on market40 days
Active inventory28 listings
Months of supply1.8 months
Sale-to-list price ratio101.1%
Market conditionStrong 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

Price drops:10.7%of listings
Sale-to-list:101.1%

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

Public

Community Day Charter Public School

Grades PK-8 · 1,200 students

Charter

Lawrence Family Development Charter School

Grades PK-8 · 879 students

Charter

Edward F. Parthum

Grades K-4 · 679 students

Public

South Lawrence East Elementary School

Grades 1-5 · 660 students

Public

Parthum Middle School

Grades 5-8 · 590 students

Public

Arlington Middle School

Grades 5-8 · 588 students

Public

Arlington Elementary

Grades K-4 · 556 students

Public

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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