Sep 2026
$341K
+11.7% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Lawrence, KS housing market
Lawrence, KS metro median sale price $341K in Sep 2026, up 11.7% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Lawrence, KS metro is $341K as of Sep 2026, up 11.7% from a year earlier. That is the 12th-largest year-over-year gain of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a smaller change, up 4.8% through Q2 2026, 6.9 points apart; Price reconciliation below shows both.
Lawrence has the highest median sale price of the four Kansas metros Pecan Street tracks ($341K), ahead of Manhattan ($277K). On median days on market, Lawrence (44 days) ranks 3rd of the four Kansas metros, between Wichita (51 days) and Topeka (39 days). On share of listings with a price cut, Lawrence (39%) ranks 3rd of the four Kansas metros, between Manhattan (44%) and Wichita (36%).
Listings spent a median 44 days on market in Sep 2026, fewer than in most of the 385 metros. 39% of active listings carry a price cut, 2.9 points fewer than a year earlier. That share is higher than in most of the 385 metros.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,869 a month; at 28% of gross income, that takes about $80K a year. The median sale price equals about 16 years of HUD Fair Market Rent, a ratio up 4.3% from a year earlier. That ratio is higher than in most of the 373 metros. Active listings ask a median $203 per square foot, up 0.3% from a year earlier.
In three of the five ZIP codes in the table below, median list prices are higher than a year earlier; two are lower.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,869/mo
$80K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Lawrence compares to other U.S. metros
| Home-price growth | ↑12th of 383 (top 4%) |
|---|---|
| Days on market | ↓328th of 385 |
| Price cuts | ↑142nd of 385 (top 37%) |
| Price-to-rent | ↑149th of 373 (top 40%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 16 +4.3% YoY ↑149th of 373 (top 40%) |
|---|---|
| Asking price / sq ft | $203 +0.3% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 39% -2.9 pts YoY ↑142nd of 385 (top 37%) |
|---|
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 5 shown of 7 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
Strength 4 / 5
6.3 mo
Lawrence supply now 6.3 months — buyer's market
Six-plus months of supply in Lawrence — this is a buyer's market by the textbook definition.
Price reconciliation
red · 6.9ppRedfin (metro) +11.7% | FHFA HPI · Q2 2026 +4.8% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in KS
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Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 66006 | $440K↓ | 27↑ | 16↑ | 14↑ | 50↑ | $368K↑ |
| 66044 | $474K↑ | 52↑ | 20↓ | 14↓ | 57↑ | $280K↑ |
| 66046 | $304K↑ | 37↑ | 22↑ | 16↑ | 37↓ | $293K↑ |
| 66047 | $381K↓ | 49↑ | 22↑ | 18↑ | 41↑ | $351K↑ |
| 66049 | $441K↑ | 77↑ | 42↑ | 30↑ | 39↑ | $394K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.