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Condo Foreclosures in Lawrence, KS

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Lawrence, KS Foreclosures

Current Market Conditions in in Lawrence, KS As of February 2026?
Over the past month, Lawrence's real estate market has shown resilience amid fluctuations. While there was an initial slowdown at the start of the new school year, demand quickly picked up again with buyers eager to settle before the winter months. Listings saw an increase due to a wave of new construction, resulting in a balanced inventory that allows buyers various options. However, bidding wars are still common in desirable areas, indicating a continued strong interest in the market.
How much do homes sell for in Lawrence, KS?
The average home price is currently $355,736.
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 $16,265,000.
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, Kansas, offers a vibrant blend of culture, education, and community spirit. Home to the University of Kansas, it has a youthful energy complemented by local arts, music, and diverse culinary options. Residents enjoy numerous parks and outdoor facilities, making it a desirable place for families and individuals alike.

Buyer vs Seller Market in Lawrence, KS

The real estate market in Lawrence is currently experiencing a steady increase in demand, with a noticeable uptick in young professionals and families seeking to buy homes. The average time on the market for listings has decreased, resulting in competitive bidding situations in popular neighborhoods.

Recent trends indicate a shift toward more eco-friendly and energy-efficient homes, with many new constructions prioritizing sustainable practices. Interest rates remain relatively low, encouraging new buyers to enter the market, while investors are keenly watching Lawrence's growth potential.

Home Value Estimator For Lawrence, KS

There are currently 35,584 real estate properties in Lawrence, KS, with a median automated valuation model (AVM) price of $307,100.00. 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 $355,736.00, with the most expensive house in Lawrence, KS, topping out at $16,265,000.00 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.

Lawrence, KS Condos

Market Trend for Lawrence, KS

Total Listings Available: 0

Market Values:

Home Prices from $26,880 to $16,265,000

Average Sales Price: $355,736

Rental Values:

Rental from $540 to $3,900

Average Rent Value: $1,449 / month

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