Housing Prices in Lawrence, KS

How much do homes in Lawrence, KS cost?

Median List Price

$314,900

$179/sqft

Based on all homes listed in the last 12 months.

Difference Since May 2023

+$50,000(+18.9%)

Key Takeaway

The list price of homes in Lawrence has increased by 18.9% since last year.

Summary: The median home list price in Lawrence was $314,900 in May 2024, up 18.9% from the previous year, and the median price per square foot was $179.

Median List Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $179K$169.9K
-5.1%
2 $164.9K$155K
-6.0%
3 $256.4K$279.9K
+9.1%
4 $341.9K$399.9K
+17.0%
5+ $487.2K$587.4K
+20.6%

Summary: Lawrence housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 20.6%.

Median List Price Compared To Nearby Cities

Kanwaka Township
+20.1%
Lawrence
+18.9%
Eudora Township
+12.9%
Wakarusa Township
-11.0%

Housing Supply in Lawrence, KS

How many homes are available in Lawrence, KS?

Number of Homes For Sale

Apr 2024May 2024CHANGE
118128+8.5%

Summary: The Lawrence real estate market had 128 homes for sale in May 2024, a 8.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 32
-33.3%
2 1420
+42.9%
3 5149
-3.9%
4 3440
+17.6%
5+ 1617
+6.3%

Summary: The Lawrence housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 42.9%, 3 bedroom homes decreased by 3.9%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 6.3%.

Days on Market for Lawrence, KS

How long does it take to sell a home in Lawrence, KS?

Average Listing Age

May 2023May 2024CHANGE
61 Days50 Days-17.5%

Summary: Homes in Lawrence had an average listing age of 50 days in May 2024, down by 17.5% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Lawrence, KS

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