Zip 01843 (Lawrence, MA) Housing

Housing in 01843 Lawrence, MA is highly desirable due to its median value of $425,200. This is significantly higher than the US House Median Value of $338,100. Additionally, the 1 year House Appreciation Rate for the US is 8.27%, however houses in Lawrence have appreciated even higher at 8.08%. With such a high median value and strong appreciation rate, it's easy to understand why housing in 01843 Lawrence, MA is in such high demand.

The median home cost in Lawrence (zip 01843) is $425,200. Home appreciation the last 10 years has been 90.5%. Home Appreciation in Lawrence (zip 01843) is up 12.9%.

Average Age of Homes

- The median age of Lawrence (zip 01843) real estate is 70 years old

The Rental Market in Lawrence (zip 01843)

- Renters make up 60.1% of the Lawrence (zip 01843) population
- 2.5% of houses and apartments in Lawrence (zip 01843), 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
	10,694.0	139,647,020.0
	71	42
	$425,200	$338,100
	12.9%	16.6%
	48.6%	57.0%
	90.5%	101.1%
	$10.34	$10.98
	$3,194	$2,690
	32.5%	57.4%
	4.6%	11.2%
	62.9%	31.4%
Vacant Housing
	2.5%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.4%	2.4%
	0.0%	2.8%
	0.4%	3.9%
	0.0%	4.5%
	1.3%	11.3%
	6.5%	13.0%
	38.7%	20.1%
	27.8%	13.6%
	20.6%	8.3%
	2.5%	9.7%
	1.0%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.3%	13.6%
	6.3%	13.6%
	6.8%	13.6%
	8.3%	13.2%
	9.0%	14.8%
	6.8%	13.6%
	10.4%	10.0%
	7.1%	4.7%
	42.8%	12.2%

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