Market Intelligence Report — KS-940

Lawrence, KS

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-KS-08
As of the latest 2026 data
Stabilizing

Median Listing

$427K
+22.2% YoY

Pending Ratio

0.55
-13.4% YoY

Active Inventory

251
+30.7% YoY

Median DOM

47 Days
+8.1% YoY

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The Lawrence, KS market currently presents a stabilizing dynamic, with a pending ratio of 0.55 indicating a balanced absorption of available inventory. Active listings have expanded significantly by 30.7% over the past year, contributing to this equilibrium.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.2%-0.1 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

120,920-0.0% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Lawrence market right now.

Inventory levels have seen a notable increase, with active listings rising by 30.7% year-over-year. Concurrently, new listings experienced an 11.1% contraction over the past year. The median listing price increased by 22.2% year-over-year, despite a slight month-over-month decrease of 0.6%. The pending ratio registered at 0.55, representing a 13.4% decline from the prior year, suggesting a moderation in demand relative to supply. Days on market extended slightly, increasing by 8.1% year-over-year to 47 days.

Historical Analysis

Market Trends

Median Price

$427K-0.6% MoM

Active Inventory

251+30.7% YoY

Days on Market

47+8.1% YoY

Sold Score™

60-13.4% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

60
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.55 and a substantial year-over-year increase in active listings, the market currently offers a more balanced environment regarding inventory pressure. Negotiating leverage is less concentrated, suggesting that both transactional pace and price discipline are influenced by the expanded choice for potential buyers and the need for sellers to price competitively to attract interest.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

251 active listings represent the current floor, with new supply arriving at roughly 96 per month.

Pricing Pressure
18.0%

of active listings carry a price reduction, +1.6% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.1% year-over-year.

Absorption
0.55

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Lawrence, KS? Homes here are taking 4 days longer to sell than last year.

Lawrence, KS is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
55%
Median Days on Market
47 days
Inventory YoY
+31%

Lawrence, KS is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Lawrence, KS
CBSA Code
29940
State
KS