Condo Foreclosures in Lawrence, KS

Current Market Conditions in Lawrence, KS

The Lawrence real estate market is experiencing increasing activity with a noticeable upswing in home prices. Low inventory levels continue to push prices upward, making it a competitive market for buyers. Many homes are receiving multiple offers, and the average time on the market is decreasing as demand outstrips supply.

Recent trends indicate a growing interest in the area from families and professionals seeking the quality of life that Lawrence offers. The presence of the university attracts younger residents and contributes to a diverse economy, further stimulating the real estate market.

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.