Foreclosure Homes in Lawrence, KS 66046

Current Market Conditions in Lawrence, KS

Lawrence's real estate market is currently experiencing a balanced environment, with homes priced competitively to attract both buyers and investors. Demand remains steady, primarily driven by the city's strong rental market catering to university students, which helps to maintain a healthy turnover of properties.

The market shows signs of appreciation, particularly in neighborhoods close to the downtown area and the university, where property values have steadily increased over the past year. First-time homebuyers are particularly active, looking for affordable options within reach of amenities.

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.