Lawrence, KS Foreclosures
Current Market Conditions in in Lawrence, KS As of April 2026?
In the past month, Lawrence's real estate market has seen a slight increase in home prices, attributed to the ongoing demand from both renters and buyers. Inventory levels remain relatively low, which has contributed to a competitive market where homes are selling quickly. The average time on market has decreased, indicating buyer urgency, particularly in popular neighborhoods close to the University of Kansas.
How much do homes sell for in Lawrence, KS?
The average home price is currently $356,830.
In Lawrence, KS, how many homes are available?
There are currently 31 active home listings available in Lawrence.
What’s the average rental cost in Lawrence, KS?
The average rental price in Lawrence is $1,449.
What is the most expensive home in Lawrence?
The most expensive home sold in Lawrence had a price of $16,176,500.
What is currently the cheapest priced home in Lawrence, KS?
The cheapest home for sale in Lawrence is priced at $26,880.
Living in Lawrence, KS
Lawrence, KS, is a lively college town that offers a unique blend of history, culture, and modern amenities. With easy access to outdoor activities and a variety of dining and entertainment options, it attracts a diverse population. The presence of the University of Kansas adds to the dynamic atmosphere, creating a vibrant community for all.
Buyer vs Seller Market in Lawrence, KS
The Lawrence real estate market has shown steady growth over the past few years, with increasing demand for homes in various neighborhoods. The median home price remains competitive given the city's educational and cultural offerings, making it a desirable location for families and students alike. There is a healthy mix of single-family homes, townhouses, and apartments available, catering to different buyer needs and preferences.
Lawrence's housing market is currently experiencing a trend toward more sustainable building practices, with an uptick in eco-friendly homes appealing to environmentally conscious buyers. As the city continues to grow, new developments are on the rise, with mixed-use spaces being favored to foster community engagement.
Home Value Estimator For Lawrence, KS
There are currently 35,570 real estate properties
in Lawrence, KS,
with a median automated valuation model (AVM) price
of $308,880.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Lawrence, KS, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Lawrence, KS,
is $356,830.00, with the most expensive house
in Lawrence, KS, topping out
at $16,176,500.00 and the cheapest home
in Lawrence, KS,
clocking in at $26,880.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Lawrence, KS!
Rent Prices
In Lawrence, KS
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Lawrence, KS, is on
a rollercoaster ride. The
average rent price in Lawrence, KS,
is $1,449.00. Indeed, when looking to rent in
Lawrence, KS, you can expect to pay as little
as $540.00 or as much
as $3,900.00,
with the average rent median estimated to
be $1,400.00. The good news is that finding
an affordable and desirable property to rent in Lawrence, KS
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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