Homes for Sale Under 500K in Lawrence, KS

116 Homes for Sale

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Lawrence, KS Housing Market Overview

Lawrence's housing market currently favors sellers. With just a 2.74-month supply of homes and properties taking an average of 45 days to sell, sellers have considerable pricing power and can command premium offers.

Status

Seller's Market

Days on Market

45

Inventory

116

Aug 2021May 2024Jul 2026

Median Home Price

$375,000Up 22.95%

In Jul 2026 · YoY

Aug 2021May 2024Jul 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
116 Down 1.33%
Newly Listed Homes
41 Down 12.77%
Months of Supply
2.7 Up 4.15%

Housing Demand

Homes Sold
54 Down 5.26%
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 Jul 2026 · Source: Houzeo Research.

View Full Lawrence Market Report
  • mls-imgIDX Logo
    Based on information from the Kansas City Regional Association of REALTORS® or Heartland MLS through Sep 1, 2026, 8:47 PM. 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. © 2025 Heartland Multiple Listing Service, Inc. All Rights Reserved.

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Lawrence, KS Housing Marketlink qauare
Homes Available icon

116

Homes Available

Median List Price icon

$ 375,000

Median List Price

Avg on Market icon

45 Days

Avg on Market

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