Housing in Lawrence, KS

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$290,000

Median List Price

$306,225

Price Per Sq Ft

$177

Days on Market

Active Inventory

154

Months of Supply

6.2

Buyer's market

Zillow Home Value

$317,780

ZHVI — January 2026

Zillow Rent Index

$1,452

ZORI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 13.9%List Price ↓ 0.1%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

8.0%

Off Market in 2 Weeks

33.3%

Sale-to-List Ratio

98.8%

Buyer's market

Sold Above Asking

8.0%

Under Contract in 2 Wks

33.3%

Listings with Price Drops

16.2%

Market Activity

Source: Redfin

Homes Sold

New Listings

Pending Sales

Homes Sold ↓ 59.7%New Listings ↓ 55.7%Pending ↓ 47.8%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$177

Median List $/SF

$187

Sale $/SF ↓ 5.3%List $/SF ↑ 8.1%Mar 24 → Jan 26

Lawrence vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Lawrence is highlighted.

Median Home Value

70th%ilemost expensive$269,500show rank

Median Rent

60th%ilemost expensive rent$1,054show rank

Median Price Per Sq Ft

52nd%ilemost expensive $/sqft$177show rank

Rent Burden

61st%ilehighest rent burden20.1%show rank

Census Housing Data

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

Median Home Value

$269,500

Median Rent

$1,054

Total Housing Units

44,034

Vacancy Rate

7.0%

Owner Occupied

42.9%

Renter Occupied

57.1%

Median Property Tax

$3,404

per year

Monthly Cost (w/ Mortgage)

$1,379

Housing Types

Single Family

55.9%

Multi-Family

42.5%

Mobile Home

1.6%

The current median sale price in Lawrence, KS is $290,000 according to Redfin data. Homes spend a median of 38 days on the market. 8.0% of homes sold above asking price. The market has 6.2 months of supply. The median price per square foot is $177. Zillow's observed rent index is $1,452/month. About 42.9% of housing units are owner-occupied. The median year homes were built is 1988. There are 44,034 total housing units.