Is Lawrence, KS 66047 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Lawrence is a balanced market. With about 5.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.4Under 4 months = seller’s market

Sold above original list11.1%Share of sales, last 3 months

Median sale-to-list97.8%Sold price ÷ list price

Median days on market45Listing to accepted offer

Median price per sq ft$173▼ −2.6% vs. last year

Run the numbers for 66047

Prefilled for 66047Can I win this house?Multiple-offer likelihood for a listing Prefilled for 66047Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baldwin City 66006Seller’s market $209 /sq ft Eudora 66025Balanced $184 /sq ft Lawrence 66044Buyer’s market $199 /sq ft Lawrence 66046Balanced $199 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology