Lawrence Real Estate Market Extends Downward Trend in Contracts

The Lawrence market saw 33 homes go under contract and failed to break out of an emerging downward trend. Despite that, total home sales rose to 69 over the last 30 days. Pricing in Lawrence remains consistent from last week to this week, with the median sales price at $151,000 again. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Lawrence is a strong seller's market.

If you have been waiting for prices to drop, now is your chance to look at these listings in Lawrence:

$397K   $574K   $474K  

Get started right now by checking out Lawrence homes for sale or reviewing Lawrence real estate trends.

Demographic facts about Lawrence:

  • The median age of the population is 34 years old.
  • The health cost index score in this area is 94.3. (100 = national average)
  • The area's commuter length breakdown is: <15 min (18.8%), 15-29 min (42.8%), 30-44 min (28.3%), 45-59 min (6.0%), >60 min (4.0%).

Data reported through 10/12/2016

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The Vearus Group
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Realty World Indy
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