Housing in Lawrence, MA

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

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$540,000

Median List Price

$769,500

Price Per Sq Ft

$306

Days on Market

22

Active Inventory

27

Months of Supply

1.8

Seller's market

Zillow Home Value

$492,771

ZHVI — January 2026

Zillow Rent Index

$2,413

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 7.1%List Price 54.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

25.0%

Sale-to-List Ratio

100.5%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
25.0%
Listings with Price Drops
22.2%

Market Activity

Source: Redfin

Homes Sold

15

New Listings

16

Pending Sales

20

Homes Sold 7.1%New Listings 30.4%Pending 39.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$306

Median List $/SF

$287

Sale $/SF 5.9%List $/SF 2.1%Mar 24Jan 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

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

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

Median Home Value

$393,500

Median Rent

$1,569

Total Housing Units

31,929

Vacancy Rate

2.9%

Owner Occupied

30.3%

Renter Occupied

69.7%

Median Property Tax

$3,366

per year

Monthly Cost (w/ Mortgage)

$1,815

Housing Types

Single Family
27.5%
Multi-Family
72.2%
Mobile Home
0.2%

The current median sale price in Lawrence, MA is $540,000 according to Redfin data. Homes spend a median of 22 days on the market. 40.0% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $306. Zillow's observed rent index is $2,413/month. About 30.3% of housing units are owner-occupied. The median year homes were built is 1947. There are 31,929 total housing units.