Condo Foreclosures in Lawrence, MA 01840

Current Market Conditions in Lawrence, MA

The Lawrence real estate market has shown resilience in recent years with increasing property values and high demand among buyers. The market has been characterized by a steady influx of new residents, attracted by the affordability relative to neighboring cities, and a growing appreciation for Lawrence's amenities.

With a growing number of renovations, particularly in areas with historic homes, the market is poised for continued improvement. The presence of local businesses and a push for infrastructure development supports the trend of rising home values.

Rent Prices In Lawrence, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lawrence, MA, is on a rollercoaster ride. The average rent price in Lawrence, MA, is $1,577.00. Indeed, when looking to rent in Lawrence, MA, you can expect to pay as little as $790.00 or as much as $3,450.00, with the average rent median estimated to be $1,580.00. The good news is that finding an affordable and desirable property to rent in Lawrence, MA -- 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.