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Foreclosures in Lawrence, MA

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Lawrence, MA Foreclosures

How much do homes sell for in Lawrence, MA?
The average home price is currently $587,368.
In Lawrence, MA, how many homes are available?
There are currently 3 active home listings available in Lawrence.
What’s the average rental cost in Lawrence, MA?
The average rental price in Lawrence is $1,577.
What is the most expensive home in Lawrence?
The most expensive home sold in Lawrence had a price of $73,097,868.
What is currently the cheapest priced home in Lawrence, MA?
The cheapest home for sale in Lawrence is priced at $18,411.

Living in Lawrence, MA

Lawrence, MA, is a historic city known for its rich industrial past and vibrant community. With access to beautiful parks, the Merrimack River, and a variety of shopping and dining options, it offers an inviting environment for families and professionals alike. Public transportation enhances connectivity to Boston and nearby areas, making it a practical choice for commuters.

Current Market Conditions in Lawrence, MA

The real estate market in Lawrence, MA, has experienced notable growth, driven by an influx of first-time homebuyers and investors looking for affordable housing options. The community's revitalization efforts are attracting more people, contributing to increased home values and demand.

Currently, homes in Lawrence tend to sell quickly due to low inventory and high interest from buyers. The market has shifted towards a seller's market, with competitive bidding situations often reported, particularly in sought-after neighborhoods.

Home Value Estimator For Lawrence, MA

There are currently 11,411 real estate properties in Lawrence, MA, with a median automated valuation model (AVM) price of $558,226.00. 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, MA, 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, MA, is $587,368.00, with the most expensive house in Lawrence, MA, topping out at $73,097,868.00 and the cheapest home in Lawrence, MA, clocking in at $18,411.00. In other words, there’s something for every potential homebuyer or savvy investor in Lawrence, MA!

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.

Lawrence, MA Foreclosures


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