Homes for Sale Under 500K in Lawrence, KS

131 Homes for Sale

Sort by:Newest Listings

Don't miss out on new listings — and get instant email alerts!

Do Real Estate on the Go!

Find your dream home, receive real-time updates, and many more!

OPEN APP

Lawrence, KS Housing Market Overview

Lawrence is a balanced market, giving buyers and sellers room to negotiate. With 2.1 months of supply and homes averaging 53 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

53

Inventory

86

Sep 2021Jun 2024Sep 2026

Median Home Price

$319,900Up 3.23%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
86 Up 2050.00%
Newly Listed Homes
159 Up 8.16%
Months of Supply
2.1 Up 2000.00%

Housing Demand

Homes Sold
125 Down 3.10%
Sale-to-List Ratio
0% Down 0.00%
Homes Sold Above List
0% Down 0.00%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Lawrence Market Report
Mortgage Calculator
How Much House Can I Afford
How to Buy a House
Safest Places to Live in Kansas
Cheapest Places to Live in Kansas
  • mls-imgIDX Logo
    Based on information from the Kansas City Regional Association of REALTORS® or Heartland MLS through Oct 19, 2026, 9:31 AM. The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Heartland MLS does not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non- commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. Some IDX listings have been excluded from this website.
    The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company. © 2026 Heartland Multiple Listing Service, Inc. All Rights Reserved.
Click to see all homes
static map image
Satellite
Lawrence, KS Housing Marketlink qauare
Homes Available icon

131

Homes Available

Median List Price icon

$ 319,900

Median List Price

Avg on Market icon

53 Days

Avg on Market

Close IconHouzeo

Do Real Estate on the Go!

OPEN APP
For Sale
Price
Beds & Baths
Home Type
Filters
Save Search Share