Lawrence, KS Foreclosures
Current Market Conditions in in Lawrence, KS As of March 2026?
In the last month, the Lawrence real estate market has seen a slight increase in home values, with prices rising by approximately 2% since last month. This uptick may be attributed to an influx of buyers as the school year begins and families seek residences closer to the University of Kansas and various local amenities. The market remains competitive, with homes receiving multiple offers and selling faster than in prior months, indicating robust demand and a trend towards further price stabilization.
How much do homes sell for in Lawrence, KS?
The average home price is currently $353,908.
In Lawrence, KS, how many homes are available?
There are currently 145 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 $16,265,000.
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, KS is a vibrant college town known for its rich history and arts scene. Home to the University of Kansas, the city offers a mix of lively downtown culture, ample outdoor activities, and a strong community atmosphere. With diverse amenities and beautiful parks, Lawrence is an ideal location for families, students, and professionals alike.
Buyer vs Seller Market in Lawrence, KS
Lawrence's real estate market has shown steady growth over recent years, with a consistent demand for both rental properties and homes for purchase. The blend of university students and families looking for a community-oriented environment has kept the market active. Homes in sought-after neighborhoods tend to move quickly, often above asking price, especially in the spring and summer months.
Currently, Lawrence has a balanced housing inventory, but the demand continues to outpace supply, resulting in a competitive market for buyers. The average home price has increased steadily over the past year, reflecting the city's desirability, yet it remains affordable compared to larger metropolitan areas in Kansas and beyond.
Home Value Estimator For Lawrence, KS
There are currently 35,579 real estate properties
in Lawrence, KS,
with a median automated valuation model (AVM) price
of $306,842.00. 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 $353,908.00, 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.
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