Lawrence Metro Area, KS Housing

The housing market in the Lawrence, KS Metro Area is thriving, with a median value of $268,300. This is below the US house median value of $338,100 but the Housing 1 year appreciation rate in Lawrence is much higher at 12.03% compared to 8.27% for the entire US. This reflects the strong housing market in the Lawrence area and suggests that it's a great place to invest in real estate or to buy a home right now.

The median home cost in Lawrence Metro Area is $268,300. Home appreciation the last 10 years has been 83.3%. Home Appreciation in Lawrence Metro Area is up 13.7%.

Average Age of Homes

- The median age of Lawrence Metro Area real estate is 31 years old

The Rental Market in Lawrence Metro Area

- Renters make up 44.6% of the Lawrence Metro Area population
- 2.8% of houses and apartments in Lawrence Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lawrence, Kansas	United States
	52,321.0	139,647,020.0
	34	42
	$268,300	$338,100
	13.7%	16.6%
	53.6%	57.0%
	83.3%	101.1%
	$13.45	$10.98
	$3,016	$2,690
	47.1%	57.4%
	5.9%	11.2%
	47.0%	31.4%
Vacant Housing
	2.8%	1.9%
	1.0%	0.4%
	0.4%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	1.6%	2.6%
	0.6%	2.4%
	0.3%	2.8%
	1.1%	3.9%
	2.0%	4.5%
	13.3%	11.3%
	23.2%	13.0%
	28.1%	20.1%
	13.2%	13.6%
	8.2%	8.3%
	5.9%	9.7%
	1.7%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	1.1%	0.2%
	17.4%	13.6%
	17.4%	13.6%
	18.2%	13.6%
	12.6%	13.2%
	13.2%	14.8%
	18.2%	13.6%
	5.9%	10.0%
	1.9%	4.7%
	9.8%	12.2%

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