Lawrence, MA is known for its housing market with a median value of $388,200. This is slightly higher than the US median value of $338,100. Lawrence has seen an appreciation in housing values over the past year with an 8.08% increase, compared to the US average of 8.27%. This indicates that Lawrence is becoming increasingly desirable for home buyers looking for a great place to live and invest in property. With its increasing attractiveness and higher median housing values, Lawrence is a great place to look when searching for a home.
The median home cost in Lawrence is $388,200. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Lawrence is up 12.9%.
Average Age of Homes
- The median age of Lawrence real estate is 78 years old
The Rental Market in Lawrence
- Renters make up 68.0% of the Lawrence population
- 2.0% of houses and apartments in Lawrence, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.