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LAWRENCE, KS 66046

Real Estate Market Report  ·  Douglas County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LAWRENCE, KS real estate market (66046) currently shows 46 active listings, with 17 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.

Homes are selling faster, averaging 55 days on market compared to 102 days last year.

The median listing price has risen 6% year-over-year, from $311,175 to $329,950.

Whether you are buying or selling in LAWRENCE, KS, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,069  ·  Density: 180.3/mi²  ·  Median household income: $60,658

Typical home value: $202,028  ·  Homeownership: 48.0%

Market Overview

Active Listings
46
⇧ 21.1% vs 38 last year
Pending
17
37% pending ratio
Median Price
$329,950
⇧ 6% vs $311,175 last year
Average Price
$557,315
⇧ 53.4% vs $363,389 last year
Days on Market
55
⇩ 46.1% vs 102 days last year

Price Per Square Foot

Median $/sqft
$210
⇩ 4.1% vs $219/sqft last year
Median Home Size
1,496 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 46 this year vs 38 last year
  • Days on market: 55 now vs 102 last year

Median & Average Pricing

Year over Year
  • Median: $329,950 (+6% YoY)
  • Average: $557,315 (+53.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.3 miles — 808 listings ($514,692,162 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
66046Lawrence, KS 660460.0 mi41$23,930,839$307,500$583,679
66047Lawrence, KS 660477.7 mi37$21,906,294$444,500$592,062
66044Lawrence, KS 660448.5 mi43$23,083,733$639,000$536,831
66052Linwood, KS 6605211.2 mi12$11,627,700$899,000$968,975
66050Lecompton, KS 6605014.4 mi5$2,419,820$240,953$483,964
66073Perry, KS 6607315.6 mi16$5,779,200$329,950$361,200
66086Tonganoxie, KS 6608615.9 mi57$35,246,349$445,000$618,357
66061Olathe, KS 6606117.8 mi333$233,970,129$644,950$702,613
66227Lenexa, KS 6622718.6 mi141$100,433,031$636,663$712,291
66012Bonner Springs, KS 6601218.9 mi29$12,840,881$350,000$442,789
66067Ottawa, KS 6606720.4 mi56$19,275,424$292,475$344,204
66226Shawnee, KS 6622620.6 mi37$23,279,660$652,450$629,180
66063Olathe, KS 6606321.3 mi1$899,102$899,102$899,102

Frequently Asked Questions

How many homes are for sale in LAWRENCE, KS 66046?

As of February 2026, there are 46 active listings in LAWRENCE, KS (zip code 66046), compared to 38 the prior year.

What is the median home price in LAWRENCE, KS 66046?

The median listing price in LAWRENCE, KS 66046 is $329,950 as of February 2026, a 6% increase from $311,175 the prior year.

How long do homes stay on the market in LAWRENCE, KS?

Homes in LAWRENCE, KS 66046 spend an average of 55 days on the market before going under contract, compared to 102 days the prior year.

Is it a seller's or buyer's market in LAWRENCE, KS 66046?

Based on current inventory and days-on-market data as of February 2026, LAWRENCE, KS 66046 is currently a Balanced Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are selling faster, averaging 55 days on market compared to 102 days last year.

How much can I save on real estate commission in LAWRENCE, KS?

With SELL123.com's maximum 3% commission, sellers in LAWRENCE, KS 66046 save an estimated $6,599 compared to a typical 5% commission on the median listing price of $329,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.