Lawrence, KS Home Values & Market Trends

Real estate market trends reflect that there have been 941 transactions over the past year in Lawrence. The median value for residential home transactions that occurred over the previous year is $304,201.31. The number of current listings in Lawrence is 82, and the percentage of properties for sale in the city is 82.00%. Lawrence, KS currently has 28 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 82 properties for sale.

Lawrence, KS Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
66044

$ 239,747

$ 177/sqft

66047

$ 499,950

$ 183/sqft

66049

$ 418,327

$ 178/sqft

66045

$ --

$ --

66046

$ 279,000

$ 202/sqft

Housing Market Summary for Lawrence, KS

Apr 2023March 2024Change
Median Listing Price$430.9K$300K-30.38%
Median Sold Price$285.2K$300K5.19%
Homes For Sale677917.91%
Homes Sold44048510.23%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Lawrence, KS

Lawrence home values range from $30,685 to $14,156,789. The median estimated value of a home in Lawrence is $304,201.31. The median list price of a home is 359,900, and the total count of properties in the city is 26,111.

Foreclosure
There are 5 zips within Lawrence, KS; within these zips, the median estimated home value for homes in foreclosure ranges from $761,006 in 66044 to the lowest value of $139,523 in 66044. Foreclosure homes account for 0.00% of properties in Lawrence, KS with 66044 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.10% of all residential properties in Lawrence, KS with 66044 containing 10 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Lawrence, KS; of those zips, the estimated home value for pre-foreclosure homes ranges from $767,396 in 66046 to the lowest home value of $139,523 in 66044.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Lawrence, KS ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Lawrence, KS. There are 5 zips within Lawrence, KS; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    66049 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Lawrence, KS. Auction homes and other auction properties account for 0.01% of all properties in Lawrence, KS. There are 5 zips within Lawrence, KS; of those zips, the median estimated home value for homes going to auction ranges from $346,771 in 66049 to the lowest value of $320,759 in 66049.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.31% of residential properties in Lawrence, KS with 66044 containing 25 homes for sale, the highest number of listed properties in a single zip. There are 5 zips within Lawrence, KS; homes for sale in those zips, have a range of median values from $669,900 in 66049 to the lowest value of $113,000 in 66044.
    Sold Homes
    The median value for recently sold homes ranges from $1,898,343 in 66047 to the lowest price of $48,006 in 66047. There are 5 zips within Lawrence, KS. 66049 has 189 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.90% of properties in Lawrence, KS.

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      Guide for Lawrence, KS

      Market Reports
      Topeka Real Estate Soars with 28% Value Spike Amid Surrounding Cities’ Varied Market Trends
      Market Reports
      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Topeka Real Estate Soars with 28% Value Spike Amid Surrounding Cities’ Varied Market Trends
      Market Reports|posted 23 April 2024

      Topeka, Kansas’ rising real estate market has grown from 2023 to 2024: property value has increased with sales volume fluctuations. See out price comparisons with neighboring cities which reveals a dynamic, albeit volatile, market with strong investment potentials.

      Wichita Real Estate Market Thrives: Property Values and Sale Prices Soar in 2023-2024
      Market Reports|posted 22 March 2024

      A comparative analysis of nearby cities shows diverse market dynamics in the Wichita real estate market in the first three months of 2024.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Lawrence, KS

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