Is Lawrence, KS 66044 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Lawrence is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score61/ 100

More competitive than 63% of U.S. ZIP codes, and #68 of 122 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply7.1Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list101.1%Sold price ÷ list price
Median days on market29Listing to accepted offer
Median price per sq ft$199▲ +0.9% vs. last year

The Lawrence housing market right now

In the three months ending August 31, 2026, 33% of homes in Lawrence, KS 66044 sold above their list price, the typical home went under contract in 29 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 22%, homes sold faster (36 days then) and the median sale price fell 7% to $254,890. Overall, Lawrence is more competitive than a year ago, so tougher for buyers.

Within Douglas County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 83%. On our competition score, Lawrence ranks #68 of 122 KS ZIP codes with enough sales (score 61 out of 100).

Nearby, buyers who want less competition could look at Lecompton 66050 (0% sold over asking) or Lawrence 66047 (11% sold over asking).

Nearby markets

Baldwin City 66006Seller’s market $209 /sq ftEudora 66025Balanced $184 /sq ftLawrence 66046Balanced $199 /sq ftLawrence 66047Balanced $173 /sq ft Browse all markets →

Where Lawrence is

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Questions about Lawrence real estate

Is Lawrence a buyer’s or seller’s market?

A buyer’s market: there were 7.1 months of supply in Lawrence, KS 66044 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?

33% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.

What are property taxes in Lawrence?

About 1.22% of a home’s value a year in Douglas County, or roughly $4,880 on a $400,000 home.

What is the median home price in Lawrence?

The median sale price was $254,890 in the three months ending August 31, 2026, about $199 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