Market Intelligence Report — KS-940

Lawrence, KS

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

Ref. No: 2026-KS-09
As of the latest 2026 data
Cooling

Median Listing

$418K
+13.8% YoY

Pending Ratio

0.47
-7.8% YoY

Active Inventory

269
+34.6% YoY

Median DOM

44 Days
-3.3% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Lawrence market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Lawrence, KS.

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The Lawrence, KS, housing market is currently experiencing a cooling trend. The pending ratio stands at 0.47, suggesting a more measured pace of demand absorption relative to available inventory. Active listings have expanded significantly, increasing by 34.6% year-over-year, which indicates a substantial rise in supply.

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

3.6%+0.3 pp YoY

Unemployment rate · Sep 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.

Over the past year, the market has seen a notable increase in housing supply, with active listings rising by 34.6% and new listings up by 46.3%. Concurrently, the pending ratio declined by 7.8% year-over-year, reflecting a deceleration in demand relative to supply. Despite these shifts, the median listing price has demonstrated resilience, advancing 13.8% year-over-year, while median days on market saw a slight reduction of 3.3% over the same period.

Historical Analysis

Market Trends

Median Price

$418K-2.3% MoM

Active Inventory

269+34.6% YoY

Days on Market

44-3.3% YoY

Sold Score™

63-7.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

63
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

Current conditions indicate a shift towards a more balanced environment, with inventory growth moderating the pace of transactions. Buyers may encounter expanded options due to increased active listings, potentially leading to greater leverage in negotiations. The heightened supply pressure suggests a need for price discipline from sellers to facilitate timely absorption.

Luxury Segment

In the higher price tiers, the average listing price increased by 5.5% year-over-year, lagging the 13.8% year-over-year growth in the median listing price. This disparity suggests some tempering of price appreciation in the upper segment of the market.

Supply Dynamics

269 active listings represent the current floor, with new supply arriving at roughly 158 per month.

Pricing Pressure
19.5%

of active listings carry a price reduction, -0.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.9% year-over-year.

Absorption
0.47

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Lawrence, KS? Inventory is up 35% from last year.

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

Buyer Demand Index
47%
Median Days on Market
44 days
Inventory YoY
+35%

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