Lawrence, NY—11559
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lawrence, NY
As of Oct '25, the median home price in Lawrence, NY is $2,005,000, with a year-over-year change of 2.9%. This indicates that home prices in Lawrence, NY are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $2,005,000 | 2.9% |
| Single Family | $2,192,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | $1,832,000 | 3.4% |
| 5 Bed | $2,614,000 | 1.4% |
% of Housing Stock
Rental Trends — Lawrence, NY
As of July '25, Rentcast reports the average rent in Lawrence, NY is $4,000, with a year-over-year rent change of -3.8%. Per bedroom, the median rent as of July '25 in Lawrence, NY is 1-bedrooms: $2,750, 2-bedrooms: $3,420, 3-bedrooms: $3,300, 4-bedrooms: $6,270. The most common rental property sizes in Lawrence, NY are 2-bedroom and 1-bedroom, accounting for 38.0% and 31.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,200 | $4,000 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,650 | $2,750 |
| 2 Bed Rent | $3,200 | $3,420 |
| 3 Bed Rent | $3,200 | $3,300 |
| 4 Bed Rent | $6,800 | $6,270 |
% of Rental Stock
Property Listings — Lawrence, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Lawrence, NY is 123. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 8.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $2,250,000 | -7.0% |
Listing Count | 53 | 29.0% |
| Listings as % of Homes | 0.8% | 29.0% |
Days on Market | 123 | -10.0% |
Demographics — Lawrence, NY
As of the latest ACS Survey released in 2023, Lawrence, NY has a population of 9,130, which has increased by 11.6% over the past 5 years. Lawrence, NY is a popular place for families, as children make up 28.2% of the population. The area has a highly educated workforce, with 56.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,130 | 11.6% |
% Under 18 | 28.2% | 6.0% |
% Seniors | 17.8% | -16.0% |
% WFH | 7.1% | 1.4% |
% w/ College Degree | 56.1% | -12.9% |
As of the latest ACS Survey released in 2023, Lawrence, NY is a predominantly white area, with 76.0% of the population identifying as white. The white population has shrunk by 12.4% in the last 5 years. The second most common race or ethnicity in Lawrence, NY is hispanic, making up 16.6% of the population. Foreign-born residents account for 19.9% of the population in Lawrence, NY, and this percentage has increased by 37.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 76.0% | -12.4% |
% Black | 6.4% | 255.6% |
% Hispanic | 16.6% | 133.8% |
% Asian | 1.7% | -52.8% |
% Foreign Born | 19.9% | 37.2% |
Mortgage and Risk — Lawrence, NY
According to HUD data as of 2023, there were 44 mortgage originations in Lawrence, NY, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Lawrence, NY. Investor activity is low, as 0.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 44 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 0.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Lawrence, NY
As of 2024, the percent of homes in Lawrence, NY under the Section 8 program is 1.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Lawrence, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 8 |
Total Units Section 8 | 8 |
% Rentals under Section 8 | 1.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$440 | $2,650 | $2,210 |
| 2 Bedroom | -$720 | $3,200 | $2,480 |
| 3 Bedroom | $10 | $3,200 | $3,210 |
| 4 Bedroom | -$3,360 | $6,800 | $3,440 |
Affordability — Lawrence, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.2 |
| Median Home Price | $2,005,000 |
| Median Household Income | $156,000 |