Photo: ONUnicorn · CC BY-SA 4.0519 homes sold in Lawrence in the last year, at a typical $275K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lawrence homes are listed.
Every place Lawrence homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lawrence.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
5% of Lawrence’s sales are condos, at $93K less than a house
492 houses and 25 condos sold in the year to May 2026. Houses sell faster.
typical sale · 492 sold in 12 months
- Per square foot
- $152IN $148
- Days to sell
- 23
- Sold over asking
- 21%
- Listings with a price cut
- 43%
typical sale · 25 sold in 12 months
- Per square foot
- $126IN $160
- Days to sell
- 67
- Sold over asking
- 24%
- Listings with a price cut
- 44%
Multi-family (2–4 units): 2 sold, typical $179K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at twice the 2016 price
519 sales in the last year, against 848 in 2021 and a low of 529 in 2024. The typical sale went from $142K in 2016 to $275K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K buys in Lawrence
Check a listing against what Lawrence homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lawrence are back to pre-pandemic levels, but 17% fewer homes come up for sale
We read every month of Lawrence’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 519 sales.
If you’re buying in Lawrence
- Shop in March. It brings about 67 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
- You can negotiate. 42% of listings have cut their price, against 37% before the pandemic.
- Bid near asking. Buyers paid 98.8% of the list price on average; 21% paid over.
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 25 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 82 a month), and the most competition: 37% close over asking. March and April offer nearly as much choice with fewer homes bid up (27%). January has the least competition (19%) but only about 40 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Indiana as a whole
| Lawrence now | 2017–19 | 2021 peak | IN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 21% | 22% | 59% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 49% | 75% | 37% |
| Listings with a price cutShare of homes for sale that cut their price | 42% | 37% | 26% | 33% |
| Price paid vs. askingAverage sale price ÷ list price | 98.8% | 98.2% | 102.1% | 97.7% |
| Days to sellMedian days from listing to contract | 25 | 24 | 5 | 35 |
90 homes for sale on a typical day
That’s 2.5 times the 2021 low (36), 17% fewer than in 2017–19 and well under 2012’s 353.
1 in 2 listings has cut its price
42% in the last year, against 37% in 2017–19 and 33% across Indiana. More sellers are pricing high and coming down.
Since 2019, houses are up 66%, condos 20%
A house typically sold for $280K in the last year (492 sales), a condo for $187K (25).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lawrence ranks 46th of 132 busy Indiana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lawrence is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lawrence home costs about $1,628 a month
Price: Lawrence’s typical sale, last 12 months. Property tax at Lawrence’s 0.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lawrence is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 32.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $275K home, about $2,320 a year.
Taxes vs. neighborsSchools
The schools grade for Lawrence, from test results, graduation and how much students grow.
Schools in LawrenceTypical commute
The average one-way trip to work for people who live in Lawrence.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Cumberland and Indianapolis sell for less a square foot; Meridian Hills for far more
The busier markets within 25 miles of Lawrence, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Indianapolis | 11,256 | $247K | $140 | 18% | 30 |
| Fishers | 1,742 | $425K | $168 | 18% | 27 |
| Lawrence | 519 | $275K | $151 | 21% | 25 |
| McCordsville | 366 | $401K | $159 | 11% | 70 |
| Fortville | 161 | $328K | $159 | 6% | 52 |
| Cumberland | 151 | $266K | $144 | 13% | 52 |
| Meridian Hills | 33 | $1M | $258 | 9% | 37 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lawrence, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lawrence. People who follow the town see it, and so do people comparing Lawrence with their own town. No commission, no listing fee.
Questions about buying a home in Lawrence
What do homes sell for in Lawrence, IN?
519 homes sold in the year to May 2026 at a typical $275K, $151 a square foot. Houses sold for about $280K, condos for about $187K.
Is Lawrence a buyer’s or seller’s market?
A seller’s market: 89 homes were for sale in May 2026 and 48 sold, about 1.9 months of supply. Buyers paid 98.8% of asking on average, and 42% of listings cut their price.
When is the best time to buy in Lawrence?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lawrence?
About 0.8% of a home’s value a year. On a $275K home that’s near $2,320.
Where can I see homes for sale in Lawrence?
Zillow, Redfin, Realtor.com and Homes.com all carry Lawrence’s MLS listings; the search links above open each one filtered to Lawrence.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).