Lawrence, KS metro area Housing Market
Cool MarketComprehensive housing market data for the Lawrence, KS metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$325K
↓ 1.5% YoY
Days on Market
40 days
↑ 2.6% YoY
Active Inventory
293
↑ 14.0% YoY
Homes Sold
51
↑ 8.5% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Lawrence, KS metro area Market Summary
The Lawrence, KS metro area housing market is cooling down. As of March 2026, the median home sale price is $325K, down 1.5% year-over-year. Homes are spending a median of 40 days on the market, 2.6% longer than a year ago.
There are 293 homes for sale — 14.0% more than last year. With 5.7 months of supply, this is a balanced market. 179 new listings were added during this period, down 0.6% year-over-year.
Homes are selling for 101.1% of their list price on average, indicating buyers are paying above asking. 35.3% of homes sell above their asking price. 14.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
64
Contributing Factors
How This Market Compares
vs. National Median
vs. Kansas Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 26% below the national median, which could indicate stronger cash flow potential.
Lawrence, KS metro area Market Trends
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Detailed Market Metrics
Median List Price
$360K
Price per Sq Ft
$212
Sale-to-List Ratio
101.1%
Months of Supply
5.7
Sold Above List
35.3%
Price Drops
14.3%
New Listings
179
↓ 0.6% YoY
Pending Sales
158
Off Market in 2 Weeks
63.9%
Other Markets in Kansas
Wichita, KS metro area
$245K · 31d on market
Topeka, KS metro area
$210K · 31d on market
Manhattan, KS metro area
$268K · 28d on market
Salina, KS metro area
$198K · 47d on market
Pittsburg, KS metro area
$160K · 91d on market
Hays, KS metro area
$240K · 92d on market
Winfield, KS metro area
$150K · 64d on market
Emporia, KS metro area
$200K · 66d on market
Analyze a deal in Lawrence, KS metro area
Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.
Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.