Is Lawrence, NY 11559 a buyer’s or seller’s market?
Lawrence is a balanced market. With about 5.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Not ranked this month. Fewer than 15 sales in the 3-month window, so the numbers can swing too much to compare fairly. How the heat score works
The Lawrence housing market right now
In the three months ending August 31, 2026, 25% of homes in Lawrence, NY 11559 sold above their list price, the typical home went under contract in 29 days and there were 5.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 12 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 33%, homes sold faster (47 days then) and the median sale price fell 44% to $1,109,520. Overall, Lawrence is about as competitive as it was a year ago.
Within Nassau County, homes here sell faster than in 59% of the county’s ZIP codes, and sell less often over asking than in 82%.
Nearby, buyers who want less competition could look at Point Lookout 11569 (0% sold over asking) or Atlantic Beach 11509 (0% sold over asking), while Malverne 11565 (75% sold over asking) and Wantagh 11793 (74% sold over asking) are even more competitive.
Run the numbers for 11559
Nearby markets
Albertson 11507Balanced $598 /sq ftAtlantic Beach 11509Buyer’s market $523 /sq ftBaldwin 11510Seller’s market $461 /sq ftBayville 11709Balanced $454 /sq ft Browse all markets →Towns like Lawrence nearby
Find towns like Lawrence in other states →Where Lawrence is
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Questions about Lawrence real estate
Is Lawrence a buyer’s or seller’s market?
A balanced market: there were 5.1 months of supply in Lawrence, NY 11559 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lawrence?
The typical home went under contract in 29 days in the latest three months.
Do homes in Lawrence sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.
What are property taxes in Lawrence?
About 1.46% of a home’s value a year in Nassau County, or roughly $5,840 on a $400,000 home.
What is the median home price in Lawrence?
The median sale price was $1,109,520 in the three months ending August 31, 2026, about $585 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology