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Housing in Lawrence Township

291 homes sold in Lawrence Township in the last year, at a typical $491K

Redfin reports Lawrence Township’s sales by ZIP code, so these figures are for ZIP 08648, which takes in Lawrence Township and the area around it. 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 Township homes are listed.

Homes for sale in Lawrence TownshipZillowRealtor.comMore places to look ↓
Homes sold
291
ZIP 08648 · October 2025 to September 2026
Typical sale price
$491K
houses $584K · condos $282K (year to May 2026)
Price per square foot
$285
New Jersey $335
Paid vs. asking
100.6%
45% sold over asking
For sale now
74
September 2026 · 26 sold that month
What sold · last 12 months · ZIP 08648

14% of Lawrence Township’s sales are condos, at $302K less than a house

177 houses and 44 condos sold in the year to May 2026. Houses draw more bidding wars.

Houses$584K

typical sale · 177 sold in the year to May 2026

Per square foot
$297NJ $331
Days to sell
47
Sold over asking
50%
Condos$282K

typical sale · 44 sold in the year to May 2026

Per square foot
$266NJ $450
Days to sell
47
Sold over asking
37%
14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

291 sales in the last year, against 468 in 2021 and a low of 224 in 2012. The typical sale went from $250K in 2016 to $491K.

Homes soldTypical sale price
0125250375500$300K$400K$500K$600K2012: 224 sold, typical $227K’122013: 346 sold, typical $251K2014: 347 sold, typical $245K’142015: 328 sold, typical $249K2016: 365 sold, typical $250K’162017: 404 sold, typical $251K2018: 439 sold, typical $262K’182019: 395 sold, typical $276K2020: 401 sold, typical $318K’202021: 468 sold, typical $333K2022: 366 sold, typical $376K’222023: 294 sold, typical $379K2024: 274 sold, typical $455K’242025: 288 sold, typical $479KLast 12 months: 291 sold, typical $491KNow

Source: Redfin Data Center, MLS sales; for ZIP 08648, which takes in Lawrence Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $500K buys in Lawrence Township

Houseat $297 a sq ft, year to May 2026
Condoat $266 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lawrence Township 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 Township are more common than before the pandemic, but half fewer homes come up for sale

We read every month of home sales in ZIP 08648 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 September 2026, 291 sales.

If you’re buying in Lawrence Township

  • Shop in April. It brings about 42 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • Bid near asking. Buyers paid 100.6% of the list price on average; 45% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 45 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 47 a month), but July is the most competitive: 36% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (27%). March has the least competition (24%).

New listings a monthShare sold over asking
012.52537.55013%27%40%Sweet spotJan: 23 new listings a month, 27% sold over asking, 60 days to sellJFeb: 25 new listings a month, 25% sold over asking, 65 days to sellFMar: 33 new listings a month, 24% sold over asking, 66 days to sellMApr: 42 new listings a month, 27% sold over asking, 61 days to sellAMay: 47 new listings a month, 31% sold over asking, 52 days to sellMJun: 47 new listings a month, 34% sold over asking, 40 days to sellJJul: 45 new listings a month, 36% sold over asking, 40 days to sellJAug: 44 new listings a month, 35% sold over asking, 40 days to sellASep: 40 new listings a month, 33% sold over asking, 44 days to sellSOct: 37 new listings a month, 32% sold over asking, 49 days to sellONov: 31 new listings a month, 32% sold over asking, 53 days to sellNDec: 26 new listings a month, 31% sold over asking, 56 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and about like New Jersey as a whole

Lawrence Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price45%14%50%44%
Gone within two weeksShare of homes under contract within 14 days39%20%52%30%
Price paid vs. askingAverage sale price ÷ list price100.6%97.4%100.8%100.9%
Days to sellMedian days from listing to contract45593446
Supply

65 homes for sale on a typical day

That’s 1.6 times the 2023 low (41), 52% fewer than in 2017–19 and well under 2015’s 160.

2012: 157 for sale’122013: 155 for sale2014: 149 for sale2015: 160 for sale’152016: 142 for sale2017: 142 for sale2018: 141 for sale’182019: 127 for sale2020: 89 for sale2021: 65 for sale’212022: 58 for sale2023: 41 for sale2024: 42 for sale’242025: 62 for saleLast 12 months: 65 for saleNow
Prices by type

Since 2019, houses are up 72%, condos 61%

A house typically sold for $584K in the year to May 2026 (177 sales), a condo for $282K (44).

$250K$400K$550K$700K2013201520172019202120232025NowHouses 2013: $336K, 191 salesHouses 2014: $305K, 205 salesHouses 2015: $306K, 194 salesHouses 2016: $313K, 214 salesHouses 2017: $331K, 237 salesHouses 2018: $349K, 242 salesHouses 2019: $339K, 221 salesHouses 2020: $383K, 240 salesHouses 2021: $406K, 253 salesHouses 2022: $447K, 202 salesHouses 2023: $464K, 152 salesHouses 2024: $570K, 150 salesHouses 2025: $598K, 171 salesHouses last 12 months: $584K, 177 salesHouses $584KCondos 2013: $167K, 78 salesCondos 2014: $172K, 69 salesCondos 2015: $179K, 67 salesCondos 2016: $172K, 82 salesCondos 2017: $176K, 87 salesCondos 2018: $175K, 90 salesCondos 2019: $175K, 60 salesCondos 2020: $188K, 50 salesCondos 2021: $203K, 67 salesCondos 2022: $240K, 55 salesCondos 2023: $272K, 47 salesCondos 2024: $311K, 41 salesCondos 2025: $298K, 40 salesCondos last 12 months: $282K, 44 salesCondos $282K

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

Source: Redfin Data Center, ZIP code tracker; for ZIP 08648, which takes in Lawrence Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 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 Township home costs about $3,420 a month

Mortgage
Property tax
Insurance
Rent

Price: Lawrence Township’s typical sale, last 12 months. Property tax at Lawrence Township’s 2.1% (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 Township is affordable on local pay is on Cost of living.

Before you buy in Lawrence Township

Six things worth knowing

47

New listings in June

The month with the most choice. January has the fewest, about 23.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $491K home, about $10,300 a year.

Taxes vs. neighbors
B−

Schools

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

Schools in Lawrence Township
29 min

Typical commute

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

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

Ewing Township and Trenton sell for less a square foot; Princeton for far more

The busier markets within 25 miles of Lawrence Township, 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
Trenton489$236K$16127%63
Ewing Township356$389K$24749%45
Lawrence Township (ZIP 08648)291$491K$28545%45
Princeton228$1.4M$55147%50
Mercerville118$456K$30359%36
Lawrenceville45$488K$29149%39
Pennington40$683K$34947%56

Redfin Data Center, October 2025 to September 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 Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lawrence Township. People who follow the town see it, and so do people comparing Lawrence Township with their own town. No commission, no listing fee.

Questions about buying a home in Lawrence Township

What do homes sell for in Lawrence Township, NJ?

291 homes sold in the year to September 2026 at a typical $491K, $285 a square foot. Houses sold for about $584K, condos for about $282K in the year to May 2026.

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

A seller’s market: 74 homes were for sale in September 2026 and 26 sold, about 2.8 months of supply. Buyers paid 100.6% of asking on average.

When is the best time to buy in Lawrence Township?

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

How much are property taxes in Lawrence Township?

About 2.1% of a home’s value a year. On a $491K home that’s near $10,300.

Where can I see homes for sale in Lawrence Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Lawrence Township’s MLS listings; the search links above open each one filtered to Lawrence Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 08648, which takes in Lawrence Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). 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).