Is Lawrence, KS 66046 a buyer’s or seller’s market?

The Lawrence housing market right now

In the three months ending August 31, 2026, 23% of homes in Lawrence, KS 66046 sold above their list price, the typical home went under contract in 35 days and there were 5.5 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 27 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (24% then), homes sold faster (42 days then) and the median sale price rose 13% to $314,364. Overall, Lawrence is about as competitive as it was a year ago.

Within Douglas County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Lawrence ranks #92 of 122 KS ZIP codes with enough sales (score 46 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), while Eudora 66025 (33% sold over asking) and Lawrence 66044 (33% sold over asking) are even more competitive.