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Lawrence, KS August 2025Photo: Shannon Beat · CC BY 4.0
Housing in Lawrence

523 homes sold in Lawrence in the last year, at a typical $300K

About one sale in 4 is a condo. 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.

Homes sold
523
June 2025 to May 2026
Typical sale price
$300K
houses $326K · condos $181K
Price per square foot
$187
Kansas $152
Paid vs. asking
99%
22% sold over asking
For sale now
267
May 2026 · 64 sold that month
What sold · last 12 months

5% of Lawrence’s sales are condos, at $145K less than a house

391 houses and 26 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$326K

typical sale · 391 sold in 12 months

Per square foot
$194KS $152
Days to sell
42
Sold over asking
23%
Listings with a price cut
21%
Condos$181K

typical sale · 26 sold in 12 months

Per square foot
$169KS $188
Days to sell
70
Sold over asking
12%
Listings with a price cut
12%
Fewer sales

Multi-family (2–4 units): 10 sold, typical $385K
Townhouses: 96 sold, typical $252K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2021, at 1.9 times the 2016 price

523 sales in the last year, against 1,413 in 2020 and a low of 193 in 2012. The typical sale went from $162K in 2016 to $300K.

Homes soldTypical sale price
036272510871450$175K$250K$325K$400K2012: 193 sold, typical $129K’122013: 204 sold, typical $150K2014: 291 sold, typical $139K’142015: 311 sold, typical $145K2016: 289 sold, typical $162K’162017: 342 sold, typical $171K2018: 1115 sold, typical $205K’182019: 1237 sold, typical $213K2020: 1413 sold, typical $234K’202021: 1357 sold, typical $253K2022: 1197 sold, typical $279K’222023: 960 sold, typical $294K2024: 509 sold, typical $305K’242025: 509 sold, typical $302KLast 12 months: 523 sold, typical $300KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Lawrence

Houseat $194 a sq ft
Condoat $169 a sq ft
The same money in Kansasat $152 a sq ft

Is this asking price fair?

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.

What the sales history says · 14 years of sales

Bidding wars in Lawrence are more common than before the pandemic, but a third 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, 523 sales.

If you’re buying in Lawrence

  • Shop in March. It brings about 112 new listings a month, close to the busiest month, with fewer bidding wars (7% over asking).
  • You can negotiate. 19% of listings have cut their price, against 1% before the pandemic.
  • Bid near asking. Buyers paid 99% of the list price on average; 22% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Spring brings both the most homes and the most bidding wars

April has the most new listings (about 121 a month), but May is the most competitive: 10% of May sales close over asking. January has the least competition (4%) but only about 54 new listings.

New listings a monthShare sold over asking
031.362.593.81257%13%20%Sweet spotJan: 54 new listings a month, 4% sold over asking, 75 days to sellJFeb: 68 new listings a month, 6% sold over asking, 75 days to sellFMar: 112 new listings a month, 7% sold over asking, 59 days to sellMApr: 121 new listings a month, 8% sold over asking, 51 days to sellAMay: 111 new listings a month, 10% sold over asking, 52 days to sellMJun: 114 new listings a month, 9% sold over asking, 55 days to sellJJul: 90 new listings a month, 8% sold over asking, 53 days to sellJAug: 81 new listings a month, 5% sold over asking, 50 days to sellASep: 81 new listings a month, 6% sold over asking, 50 days to sellSOct: 72 new listings a month, 6% sold over asking, 54 days to sellONov: 56 new listings a month, 6% sold over asking, 55 days to sellNDec: 39 new listings a month, 6% sold over asking, 59 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Hotter than in 2021, and hotter than Kansas

Lawrence now2017–192021 peakKS now
Sold over askingShare of sales that closed above the list price22%4%6%16%
Gone within two weeksShare of homes under contract within 14 days52%2%3%44%
Listings with a price cutShare of homes for sale that cut their price19%1%—28%
Price paid vs. askingAverage sale price ÷ list price99%98.3%101.6%97.9%
Days to sellMedian days from listing to contract40695129
Supply

209 homes for sale on a typical day

That’s 1.2 times the 2012 low (169), 34% fewer than in 2017–19 and well under 2019’s 416.

2012: 169 for sale’122013: 253 for sale2014: 302 for sale2015: 221 for sale’152016: 182 for sale2017: 197 for sale2018: 335 for sale’182019: 416 for sale2020: 351 for sale2021: 260 for sale’212022: 175 for sale2023: 180 for sale2024: 214 for sale’242025: 201 for saleLast 12 months: 209 for saleNow
Room to negotiate

1 in 5 listings has cut its price

19% in the last year, against 1% in 2017–19 and 28% across Kansas. More sellers are pricing high and coming down.

2017: 1%’172022: 29%2023: 16%2024: 18%’242025: 18%Last 12 months: 19%Now
Prices by type

Since 2019, houses are up 42%, condos 51%

A house typically sold for $326K in the last year (391 sales), a condo for $181K (26).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $166K, 166 salesHouses 2014: $148K, 239 salesHouses 2015: $154K, 256 salesHouses 2016: $178K, 234 salesHouses 2017: $186K, 265 salesHouses 2018: $225K, 852 salesHouses 2019: $230K, 970 salesHouses 2020: $249K, 1084 salesHouses 2021: $269K, 1060 salesHouses 2022: $305K, 960 salesHouses 2023: $319K, 710 salesHouses 2024: $324K, 393 salesHouses 2025: $323K, 374 salesHouses last 12 months: $326K, 391 salesHouses $326KCondos 2013: $69K, 8 salesCondos 2014: $68K, 4 salesCondos 2015: $87K, 7 salesCondos 2016: $86K, 7 salesCondos 2017: $210K, 9 salesCondos 2018: $128K, 37 salesCondos 2019: $119K, 45 salesCondos 2020: $143K, 41 salesCondos 2021: $169K, 40 salesCondos 2022: $139K, 47 salesCondos 2023: $156K, 50 salesCondos 2024: $172K, 22 salesCondos 2025: $187K, 33 salesCondos last 12 months: $181K, 26 salesCondos $181K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Kansas

Lawrence ranks 15th of 35 busy Kansas 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.

Rent or buy?

Owning the typical Lawrence home costs about $1,878 a month

Mortgage
Property tax
Insurance
Rent

Price: Lawrence’s typical sale, last 12 months. Property tax at Lawrence’s 1.3% (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.

Before you buy in Lawrence

Six things worth knowing

121

New listings in April

The month with the most choice. December has the fewest, about 39.

Best time to buy
1.3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $300K home, about $3,750 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Lawrence, from test results, graduation and how much students grow.

Schools in Lawrence
20 min

Typical commute

The average one-way trip to work for people who live in Lawrence.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Perry, Baldwin City and Wellsville sell for less a square foot

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.

SoldTypical sale$/sq ftOver askingDays to sell
Lawrence523$300K$18722%40
Tonganoxie141$306K$196—39
De Soto95$423K$183—39
Eudora52$335K$18535%47
Baldwin City50$322K$17320%43
Wellsville41$282K$16924%64
Perry20$301K$18135%155

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.

Selling, or renting out?

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, KS?

523 homes sold in the year to May 2026 at a typical $300K, $187 a square foot. Houses sold for about $326K, condos for about $181K.

Is Lawrence a buyer’s or seller’s market?

A balanced market: 267 homes were for sale in May 2026 and 64 sold, about 4.2 months of supply. Buyers paid 99% of asking on average, and 19% of listings cut their price.

When is the best time to buy in Lawrence?

April brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lawrence?

About 1.3% of a home’s value a year. On a $300K home that’s near $3,750.

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).