Lawrence, KS 66047 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Lawrence, KS — 66047
Market Hotness
80
Hotness Rank
#2,058
Hotness Score
80
Supply Score
75
Demand Score
84
DOM vs US
-15.0%
Faster
Price vs US
95%
Below avg
Median Listing Price
$407K
Population
20,473
Households
53,675
Median Days on Market
38
Active Listings
45
New Listings
24
Housing Market
Pricing
Median Listing Price
$407K
+16.4% YoY
Average Listing Price
$547K
-2.4% YoY
Price per Sq Ft
$191
+2.3% YoY
Median Sq Ft
2,374
+24.8% YoY
Inventory
Active Listings
45
+45.2% YoY
New Listings
24
+20.0% YoY
Total Listings
75
+28.2% YoY
Buyer Competition
Pending Listings
30
+17.6% YoY
Pending Ratio
0.67
-15.6% YoY
Median Days on Market
38
+16.9% YoY
Price Reduced
11.6%
-5.0% YoY
Units & Occupancy
2024 Occupancy
54K
units
Occupied
50,406
93.9%
Vacant
3,269
6.1%
2024 Tenure
50K
occupied
Owner
25,246
50.1%
Renter
25,160
49.9%
Renter Share
49.9%
-1.1% YoY
Total Housing Units
53,675
+0.7% YoY
FY2026 Fair Market Rent — Douglas County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$895
/month
1 BR
$1,006
/month
2 BR
$1,182
/month
3 BR
$1,644
/month
4 BR
$1,983
/month
FMR Trends — Douglas County
Source: HUD Fair Market Rents
Demographics
Median Age
31.6
2024
Population
ZIP Population
20,473
+0.6% YoY
Douglas County Population
121,989
+0.7% YoY
Households
Total Households
50,406
+0.9% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.21
-0.5% YoY
Age
2024 Age Mix
120K
residents
Under 18
21,113
17.5%
Adults 18–64
82,467
68.5%
65 & Over
16,722
13.9%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
21,113
-0.9% YoY
Population 65 & Over
16,722
+5.0% YoY
Median Age
31.60
+1.0% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
75.3%
Moved (within US)
24.0%
Other
0.7%
Veterans
5.2%
0.0% YoY
Economy
Income
Median Household Income
$70K
+1.4% YoY
Per-Capita Income
$41K
+3.5% YoY
Mean Household Income
$96K
+2.6% YoY
Poverty
Below Poverty Level
14.7%
-3.3% YoY
Transportation to Work
2023 Commute Mode
of workers
Drove alone
70.0%
Public transit
2.6%
Worked from home
14.1%
Other
13.3%
Worked From Home
15.6%
+10.6% YoY
Mean Commute
20.80
+1.0% YoY
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