Zip 01840 (Lawrence, MA) Housing

The housing in 01840 Lawrence, MA has a median value of $254,500 which is significantly lower than the US House Median Value of $338,100. Nevertheless, despite the difference in values the rate of appreciation for houses in Lawrence, MA is very similar to the US 1 year House Appreciation which stands at 8.27%. In fact, it is slightly lower at 8.08%. This shows that while Lawrence might be slightly behind the national average when it comes to house prices, the rate of appreciation is quite comparable.

The median home cost in Lawrence (zip 01840) is $254,500. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Lawrence (zip 01840) is up 12.9%.

Average Age of Homes

- The median age of Lawrence (zip 01840) real estate is 78 years old

The Rental Market in Lawrence (zip 01840)

- Renters make up 90.5% of the Lawrence (zip 01840) population
- 2.8% of houses and apartments in Lawrence (zip 01840), 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, Massachusetts	United States
	3,192.0	139,647,020.0
	68	42
	$254,500	$338,100
	12.9%	16.6%
	48.6%	57.0%
	90.5%	101.1%
	$12.19	$10.98
	$3,050	$2,690
	1.5%	57.4%
	3.9%	11.2%
	94.6%	31.4%
Vacant Housing
	2.8%	1.9%
	0.4%	0.4%
	0.3%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.3%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	23.4%	3.9%
	0.0%	4.5%
	25.5%	11.3%
	0.0%	13.0%
	12.8%	20.1%
	21.3%	13.6%
	17.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.4%	13.6%
	3.4%	13.6%
	3.6%	13.6%
	17.9%	13.2%
	5.6%	14.8%
	3.6%	13.6%
	11.5%	10.0%
	4.9%	4.7%
	42.0%	12.2%

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