Market Intelligence Report — KS-940

Lawrence, KS

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

Ref. No: 2026-KS-07
As of the latest 2026 data
Accelerated

Median Listing

$430K
+10.5% YoY

Pending Ratio

0.64
-10.8% YoY

Active Inventory

251
+21.6% YoY

Median DOM

44 Days
+11.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's accelerated 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.

Free ReportNo Sign-up~60 Seconds

The Lawrence, KS housing market is currently classified as Accelerated, indicated by a pending ratio of 0.64. This metric suggests demand is notably outpacing available inventory, though it represents a year-over-year contraction in demand absorption.

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

4.1%+0.1 pp YoY

Unemployment rate · Jun 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.

Active listings have seen substantial growth over the past year, increasing by 21.6%, alongside a 23.7% rise in new listings, contributing to a total inventory of 251 active listings. Despite this increased supply, the median listing price has demonstrated resilience, achieving a 10.5% gain over the past year, even as it experienced a 5.4% month-over-month decline. The pending ratio, while signaling strong absorption, has decreased by 10.8% year-over-year, suggesting a moderation in the pace of demand relative to the previous year.

Historical Analysis

Market Trends

Median Price

$430K-5.4% MoM

Active Inventory

251+21.6% YoY

Days on Market

44+11.5% YoY

Sold Score™

64-10.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

64
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 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

The elevated pending ratio of 0.64 indicates an environment where properties are absorbing relatively quickly, placing pressure on available inventory. While median days on market increased by 11.5% year-over-year to 44 days, demand dynamics necessitate a disciplined approach to pricing to ensure timely absorption. The sustained level of buyer interest continues to influence transaction pace.

Luxury Segment

The average listing price of $541,738, compared to a median of $429,950, suggests a segment of higher-priced properties within the market. However, with the average listing price experiencing only a 1.0% year-over-year increase, compared to the 10.5% growth in median listing price, and median $/sqft rising by a modest 0.5% year-over-year, there is no distinct signal of luxury-segment softness in this dataset beyond typical market dynamics.

Supply Dynamics

251 active listings represent the current floor, with new supply arriving at roughly 146 per month.

Pricing Pressure
16.8%

of active listings carry a price reduction, -2.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.5% year-over-year.

Absorption
0.64

Pending-to-active ratio — Accelerated.

Recommended For This Market

Accelerated

Selling in Lawrence, KS? Homes here are taking 5 days longer to sell than last year.

Demand in Lawrence, KS is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
64%
Median Days on Market
44 days
Inventory YoY
+22%

Demand is strong in Lawrence, KS. Check your Sold Score before you price — conditions this favorable don't hold forever.

See how fast my home should sell

Prefer the data first? Get the monthly Lawrence, KS briefing and watch the market before you list.

How the Sold Score works →

Agents: no featured expert covers Lawrence, KS yet — claim this market →

How these recommendations are chosen →

The Monthly Briefing

Stay ahead of the Lawrence market.

One email per month: median price, inventory, days on market, and curated expert commentary — straight from the Primpted data desk.

Metro Demographics

Metro Area
Lawrence, KS
CBSA Code
29940
State
KS
Analysis FAQ
  • What is the current market condition in Lawrence?+

    As of the latest 2026 data, the Lawrence metro is classified as Accelerated. Pending ratio is 0.64 with median days on market at 44.

  • Are home prices dropping in Lawrence?+

    Median listing price is $430K, +10.5% year over year. 16.8% of active listings carry a price reduction.

  • How fast are homes selling in Lawrence?+

    The typical listing sits 44 days on market, a +11.5% change YoY. New listings are arriving at 146 per month.

  • What's happening in the Lawrence luxury market?+

    The average listing price of $541,738, compared to a median of $429,950, suggests a segment of higher-priced properties within the market. However, with the average listing price experiencing only a 1.0% year-over-year increase, compared to the 10.5% growth in median listing price, and median $/sqft rising by a modest 0.5% year-over-year, there is no distinct signal of luxury-segment softness in this dataset beyond typical market dynamics.

  • Where can I find a trusted Lawrence real estate expert?+

    Primpted maintains a vetted registry of Lawrence agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 29940 · 36mo history