Lawrence, MA Condo Market Report (In last 12 months)
Avg. List Price
$296,728
($325/Sqft.)
Year-Over-Year List Price
2.05%
Total Listings
37
Avg. Days on Market
64
Avg. Sale Price
$277,347
($318/Sqft.)
Year-Over-Year Sale Price
3.23%
Total Sold
41
Avg. HOA Fees/Sqft.
($3/monthly)
Avg. List Price
$296,728
($325/Sqft.)
Year-Over-Year List Price
2.05%
Lawrence, MA Condo Market Report
Avg. List Price
$296,728
($325/Sqft.)
Year-Over-Year List Price
2.05%
Total Listings
37
Avg. Days on Market
64
Avg. Sale Price
$277,347
($318/Sqft.)
Year-Over-Year Sale Price
3.23%
Total Sold
41
Avg. HOA Fees/Sqft.
($3/monthly)
Lawrence, MA Condo Market Overview
Welcome to Lawrence, a vibrant city where rich history converges with modern living. Nestled along the Merrimack River, this charming community boasts a diverse condo market that caters to every taste and budget. From the beautifully renovated mill buildings in the historic district, offering stunning views of the river and iconic architecture, to newer developments in the bustling downtown area, residents enjoy a unique blend of urban energy and historical charm. Neighborhoods like South Lawrence and Tower Hill provide affordable options filled with character, featuring cozy garden-style condos surrounded by lush greenery. Meanwhile, the city’s thriving cultural scene, highlighted by local art galleries and lively eateries, ensures there’s never a dull moment. With easy access to parks, community events, and excellent public transportation, living in Lawrence means embracing a dynamic lifestyle in a welcoming and vibrant setting that feels like home.
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Popular Condos Neighborhoods in Lawrence, MA
Explore Lawrence, MA Neighborhoods
Lawrence is a burgeoning city known for its rich textile history and vibrant immigrant culture. With an array of cultural festivals, diverse culinary experiences, and beautiful parks, this dynamic community offers a unique blend of tradition and modernity, making it an inviting destination for residents and visitors alike.
Frequently Asked Questions About Lawrence, MA
What is it like to live in Lawrence?
Lawrence offers a diverse real estate market with a mix of affordable housing options, including multi-family homes and apartments, appealing to various income levels. The city features a compact layout with public transportation options available, contributing to local connectivity and accessibility to nearby Greater Boston employment centers.
Is Lawrence expensive?
Lawrence's cost of living is generally lower than the national average, with affordable housing options available throughout the city. The real estate market features a mix of single-family homes and multi-family properties, making it accessible for diverse income levels.
How much is a condo in Lawrence?
The average price of a condo in Lawrence is approximately $200,000 to $350,000, depending on factors such as location, size, and amenities. The real estate market has been stable, with prices reflecting the city's accessibility and proximity to Boston.
What are the safest neighborhoods in Lawrence?
Some of the safer neighborhoods in Lawrence include South Lawrence and the Mount Vernon area, known for their community-oriented living and lower crime rates compared to other parts of the city. The city has working-class neighborhoods with residential options that provide easy access to public services and local amenities.
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