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LAWRENCE, KS 66047

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 (66047) currently shows 43 active listings, with 18 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are selling faster, averaging 49 days on market compared to 84 days last year.

The median listing price has fallen 40.5% year-over-year, from $704,225 to $419,000.

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: 20,399  ·  Density: 135.4/mi²  ·  Median household income: $60,339

Typical home value: $272,661  ·  Homeownership: 43.7%

Market Overview

Active Listings
43
⇧ 13.2% vs 38 last year
Pending
18
42% pending ratio
Median Price
$419,000
⇩ 40.5% vs $704,225 last year
Average Price
$571,525
⇩ 25% vs $762,316 last year
Days on Market
49
⇩ 41.7% vs 84 days last year

Price Per Square Foot

Median $/sqft
$189
⇩ 10.4% vs $211/sqft last year
Median Home Size
2,354 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 43 this year vs 38 last year
  • Days on market: 49 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $419,000 (-40.5% YoY)
  • Average: $571,525 (-25% 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 20.7 miles — 183 listings ($90,446,735 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
66047Lawrence, KS 660470.0 mi37$21,906,294$444,500$592,062
66046Lawrence, KS 660467.7 mi41$23,930,839$307,500$583,679
66050Lecompton, KS 6605010.4 mi5$2,419,820$240,953$483,964
66409Berryton, KS 6640911.4 mi7$4,476,325$616,950$639,475
66542Tecumseh, KS 6654213.6 mi5$2,039,435$416,880$407,887
66025Eudora, KS 6602514.7 mi16$7,511,472$378,900$469,467
66076Pomona, KS 6607618.4 mi9$2,897,820$274,700$321,980
66414Carbondale, KS 6641418.5 mi5$1,815,800$399,000$363,160
66619Topeka, KS 6661918.7 mi3$298,500$99,500$99,500
66092Wellsville, KS 6609218.7 mi18$9,672,498$344,900$537,361
66616Topeka, KS 6661619.4 mi12$1,219,308$82,500$101,609
66021Edgerton, KS 6602120.5 mi19$11,547,744$310,620$607,776
66612Topeka, KS 6661220.7 mi6$710,880$67,500$118,480

Frequently Asked Questions

How many homes are for sale in LAWRENCE, KS 66047?

As of February 2026, there are 43 active listings in LAWRENCE, KS (zip code 66047), compared to 38 the prior year.

What is the median home price in LAWRENCE, KS 66047?

The median listing price in LAWRENCE, KS 66047 is $419,000 as of February 2026, a 40.5% decrease from $704,225 the prior year.

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

Homes in LAWRENCE, KS 66047 spend an average of 49 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in LAWRENCE, KS 66047?

Based on current inventory and days-on-market data as of February 2026, LAWRENCE, KS 66047 is currently a Balanced Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 84 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 66047 save an estimated $8,380 compared to a typical 5% commission on the median listing price of $419,000. 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.