Lawrence, MA—01840

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$374,000

6.0% YoY Growth

Household Income

$34,600

56.8% YoY Growth

Days on Market

102

5.0% Longer YoY

Home Price Forecast

1.8%

Median Rent

$2,350

3.7% YoY Growth

1-Bed Rent

$2,160

0.9% YoY Growth

2-Bed Rent

$2,510

1.2% YoY Growth

3-Bed Rent

$2,500

18.1% YoY Growth

Other Zip Codes in Lawrence, MA

01843 01841

Home Price Trends — Lawrence, MA

As of Dec '25, the median home price in Lawrence, MA is $374,000, with a year-over-year change of 6.0%. This indicates that home prices in Lawrence, MA are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$374,000	6.0%
Single Family	N/A	N/A
Condos	$208,000	5.6%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Type	Median Rent	Average Rent
Average Rent	$2,350	$2,330
Studio Rent	$2,320	$2,260
1 Bed Rent	$2,160	$2,090
2 Bed Rent	$2,510	$2,490
3 Bed Rent	$2,500	$2,620
4 Bed Rent	N/A	N/A

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$245,000	29.0%
Listing Count	5	220.0%
Listings as % of Homes	0.1%	220.0%
Days on Market	102	5.0%

Metric	Latest Census	YoY % Change
Population	7,090	27.6%
% Under 18	25.2%	-4.5%
% Seniors	13.3%	0.8%
% WFH	5.3%	-28.4%
% w/ College Degree	13.5%	14.4%

Metric	Latest Census	5-Year % Change
% White	10.2%	3.0%
% Black	3.4%	-34.6%
% Hispanic	86.7%	1.0%
% Asian	0.0%	N/A
% Foreign Born	40.4%	-14.4%

Metric	Zip Code Average
Total Loan Originations	11
% Conventional Loans	73.0%
% Government Loans	27.0%
% Investor Loans	36.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

Lawrence, MA—01840

Key Metrics at a Glance

Other Zip Codes in Lawrence, MA

Home Price Trends — Lawrence, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lawrence, MA

% of Rental Stock

Property Listings — Lawrence, MA

Demographics — Lawrence, MA

Race and Ethnicity

Mortgage and Risk — Lawrence, MA

Mortgages

Rentals and Section 8 — Lawrence, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lawrence, MA

Home Price to Income Ratio

Lawrence, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lawrence, MA

Lawrence, MA

Methuen, MA

Andover, MA

North Andover, MA

Frequently Asked Questions

Total Units under HUD	1,051
Total Units Section 8	928
% Rentals under Section 8	28.0%
% Occupied Section 8	97.1%

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$820	$2,160	$1,340
2 Bedroom	-$770	$2,510	$1,740
3 Bedroom	-$400	$2,500	$2,100
4 Bedroom	N/A	N/A	$2,310

Metric	Zip Code Average
Home Price to Income Ratio	9
Median Home Price	$374,000
Median Household Income	$34,600

Lawrence, MA—01840

Key Metrics at a Glance

Other Zip Codes in Lawrence, MA

Home Price Trends — Lawrence, MA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Lawrence, MA

% of Rental Stock

Property Listings — Lawrence, MA

Demographics — Lawrence, MA

Race and Ethnicity

Mortgage and Risk — Lawrence, MA

Mortgages

Rentals and Section 8 — Lawrence, MA

Section 8 Market Size

Section 8 Opportunity

Affordability — Lawrence, MA

Home Price to Income Ratio

Lawrence, MA — ZIP Code Boundary Map

Nearby ZIP Codes

Lawrence, MA

Lawrence, MA

Methuen, MA

Andover, MA

North Andover, MA

Frequently Asked Questions

What is the average home price in Lawrence, MA 01840?

How have home prices in Lawrence, MA 01840 changed over the past year?

What is the home price projection for Lawrence, MA 01840?

What are the demographics of Lawrence, MA 01840?

How long does it take homes to sell in Lawrence, MA 01840?

What is the average rent price in Lawrence, MA 01840?