Housing in Lawrence, IN

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$260,000

Median List Price

$253,000

Price Per Sq Ft

$137

Days on Market

73

Active Inventory

67

Months of Supply

2.3

Seller's market

Zillow Home Value

$261,438

ZHVI — January 2026

Zillow Rent Index

$1,493

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 0.0%List Price 12.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

10.3%

Off Market in 2 Weeks

18.2%

Sale-to-List Ratio

99.6%

Buyer's market

Sold Above Asking
10.3%
Under Contract in 2 Wks
18.2%
Listings with Price Drops
34.3%

Market Activity

Source: Redfin

Homes Sold

29

New Listings

40

Pending Sales

44

Homes Sold 40.8%New Listings 11.1%Pending 26.7%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$137

Median List $/SF

$151

Sale $/SF 3.5%List $/SF 12.7%Mar 24Jan 26

Lawrence vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Lawrence is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$220,400

Median Rent

$1,084

Total Housing Units

20,612

Vacancy Rate

5.1%

Owner Occupied

66.1%

Renter Occupied

33.9%

Median Property Tax

$1,927

per year

Monthly Cost (w/ Mortgage)

$1,213

Housing Types

Single Family
68.7%
Multi-Family
20.9%
Mobile Home
10.4%

The current median sale price in Lawrence, IN is $260,000 according to Redfin data. Homes spend a median of 73 days on the market. 10.3% of homes sold above asking price. The market has 2.3 months of supply. The median price per square foot is $137. Zillow's observed rent index is $1,493/month. About 66.1% of housing units are owner-occupied. The median year homes were built is 1993. There are 20,612 total housing units.