Lawrence, IN 46236 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Lawrence, IN—46236

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$333,000

1.3% YoY Growth

Household Income

$118,000

41.9% YoY Growth

Days on Market

7.0% Shorter YoY

Home Price Forecast

0.4%

Median Rent

$1,900

3.7% YoY Growth

1-Bed Rent

$1,360

N/A

2-Bed Rent

N/A

3-Bed Rent

$1,860

1.1% YoY Growth

Other Zip Codes in Lawrence, IN

46216

Home Price Trends — Lawrence, IN

As of May '26, the median home price in Lawrence, IN is $333,000, with a year-over-year change of 1.3%. This indicates that home prices in Lawrence, IN are increasing. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$333,000	1.3%
Single Family	$337,000	1.2%
Condos	$236,000	-2.5%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Lawrence, IN

As of July '25, Rentcast reports the average rent in Lawrence, IN is $1,940, with a year-over-year rent change of 3.7%. Per bedroom, the median rent as of July '25 in Lawrence, IN is studios: $1,650, 1-bedrooms: $1,360, 3-bedrooms: $1,820, 4-bedrooms: $2,180. The most common rental property sizes in Lawrence, IN are 3-bedroom and 2-bedroom, accounting for 53.0% and 30.9% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,900	$1,940
Studio Rent	$1,650	$1,650
1 Bed Rent	$1,360	$1,360
2 Bed Rent	N/A	N/A
3 Bed Rent	$1,860	$1,820
4 Bed Rent	$2,200	$2,180

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% of Rental Stock

2 Bedrooms

30.9%

3 Bedrooms

53.0%

4 Bedrooms

16.0%

Property Listings — Lawrence, IN

As of May '26, Realtor.com reports that the median days on market for a home in Lawrence, IN is 34. This is a decrease of -7.0% 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 27.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$384,000	-6.0%
Listing Count	120	38.0%
Listings as % of Homes	0.5%	38.0%
Days on Market	34	-7.0%

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Demographics — Lawrence, IN

As of the latest ACS Survey released in 2023, Lawrence, IN has a population of 26,000, which has decreased by -7.5% over the past 5 years. Lawrence, IN is a moderately popular place for families, as children make up 24.7% of the population. The area has a highly educated workforce, with 53.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.2% reporting working from home.

Metric	Latest Census	YoY % Change
Population	26,000	-7.5%
% Under 18	24.7%	1.6%
% Seniors	15.5%	27.0%
% WFH	17.2%	126.3%
% w/ College Degree	53.3%	5.1%

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As of the latest ACS Survey released in 2023, Lawrence, IN is a predominantly white area, with 65.7% of the population identifying as white. The white population has shrunk by 7.1% in the last 5 years. The second most common race or ethnicity in Lawrence, IN is black, making up 15.0% of the population. Foreign-born residents account for 6.5% of the population in Lawrence, IN, and this percentage has increased by 10.2% 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	65.7%	-7.1%
% Black	15.0%	-0.7%
% Hispanic	13.2%	63.0%
% Asian	1.6%	-5.9%
% Foreign Born	6.5%	10.2%

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Mortgage and Risk — Lawrence, IN

According to HUD data as of 2023, there were 620 mortgage originations in Lawrence, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Lawrence, IN. Investor activity is low, as 0.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	620
% Conventional Loans	82.0%
% Government Loans	18.0%
% Investor Loans	0.0%
% Second Loans	0.0%
% Cash Out Refinance	18.0%

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Rentals and Section 8 — Lawrence, IN

Lawrence, IN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	3
Total Units Section 8	3
% Rentals under Section 8	0.6%
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$170	$1,360	$1,530
2 Bedroom	N/A	N/A	$1,790
3 Bedroom	$470	$1,860	$2,330
4 Bedroom	$630	$2,200	$2,830

Lawrence, IN—46236

Key Metrics at a Glance

Other Zip Codes in Lawrence, IN

Home Price Trends — Lawrence, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lawrence, IN

% of Rental Stock

Property Listings — Lawrence, IN

Demographics — Lawrence, IN

Race and Ethnicity

Mortgage and Risk — Lawrence, IN

Mortgages

Rentals and Section 8 — Lawrence, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Lawrence, IN

Home Price to Income Ratio

Lawrence, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Speedway/Wayne Area, Indianapolis, IN

Lawrence, IN

Southwest Indianapolis, Indianapolis, IN

McCordsville, IN

Fishers, IN

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$333,000
Median Household Income	$118,000

Lawrence, IN—46236

Key Metrics at a Glance

Other Zip Codes in Lawrence, IN

Home Price Trends — Lawrence, IN

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lawrence, IN

% of Rental Stock

Property Listings — Lawrence, IN

Demographics — Lawrence, IN

Race and Ethnicity

Mortgage and Risk — Lawrence, IN

Mortgages

Rentals and Section 8 — Lawrence, IN

Section 8 Market Size

Section 8 Opportunity

Affordability — Lawrence, IN

Home Price to Income Ratio

Lawrence, IN — ZIP Code Boundary Map

Nearby ZIP Codes

Speedway/Wayne Area, Indianapolis, IN

Lawrence, IN

Southwest Indianapolis, Indianapolis, IN

McCordsville, IN

Fishers, IN

Frequently Asked Questions

What is the average home price in Lawrence, IN 46236?

How have home prices in Lawrence, IN 46236 changed over the past year?

What is the home price projection for Lawrence, IN 46236?

What are the demographics of Lawrence, IN 46236?

How long does it take homes to sell in Lawrence, IN 46236?

What is the average rent price in Lawrence, IN 46236?