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Lawrence, Indianapolis real estate guide

Lawrence, Indianapolis real estate guide with median sale price $270,000, $162/sqft, 30 days on market, home styles, schools, amenities, and FAQs.

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Lawrence
Housing market stats

Median price and housing data for Lawrence

Latest Redfin month: March 2026 / Redfin Data Center / Redfin city: Lawrence / Data pulled May 22, 2026

Latest month includes 33 reported sales for Lawrence. This uses city-level Redfin data.

Median price / sqft
$162/sqftRedfin city: Lawrence
Median days on market
30Typical market speed
Price change
-6.2%Year over year

12-month median price trend

Latest March 2026: $270,000
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Neighborhood overview

What to know about Lawrence

Lawrence is a city within Marion County on the northeast side, anchored by Fort Harrison State Park and the Fort Ben area. It is one of the more affordable northeast-side options inside Marion County, with a meaningful mix of military-adjacent and long-term resident households.

The housing stock is dominated by ranches, split-levels, mid-century homes, suburban subdivisions, and newer construction near Fort Ben. Lot sizes are generally larger than inside-the-loop neighborhoods.

The latest Redfin data (March 2026) shows a median sale price around $270,000, down 6.2% year over year, with homes selling for about 98% of list and a 30-day median days on market. The softening reflects broader Marion County trends rather than anything specific to the area.

Lawrence fits buyers wanting northeast-side value, military and Fort Ben-adjacent households, sellers of updated ranch and subdivision homes, and households trading more square footage for a lower price than the Hamilton County alternatives. Tradeoffs include longer commutes to downtown, mostly car-oriented daily errands, and school district variation by exact address.

For sellers, the 98% sale-to-list ratio and 30-day median DOM mean accurate initial pricing matters. For buyers, MSD Lawrence Township handles most of the area, but verify the assigned school for any specific address.

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Lawrence FAQ

Lawrence questions, straight answers.

Quick answers about buying, selling, and investing in Lawrence. Still deciding? Book a consultation and ask a Roots agent directly.

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What is the median sale price in Lawrence?

The current median sale price shown for Lawrence, Indianapolis is $270,000. This figure comes from Redfin Data Center (Redfin city: Lawrence). Use it as a neighborhood-level reference point rather than a valuation for a specific home.

What is the median price per square foot in Lawrence?

The current median price per square foot shown for Lawrence, Indianapolis is $162/sqft. Price per square foot can swing by condition, layout, lot, updates, parking, and exact block.

What types of homes are common in Lawrence?

Lawrence is mostly ranches, split-levels, mid-century homes, suburban subdivisions, and newer construction near Fort Ben. Lot sizes are generally larger than inside-the-loop neighborhoods.

Is Lawrence a good place to buy a home?

Lawrence fits buyers wanting northeast-side value with more square footage than inner-loop neighborhoods. It is particularly relevant for military and Fort Ben-adjacent households. The right subdivision, school assignment, and commute considerations matter most.

What schools serve Lawrence?

MSD of Lawrence Township covers most of the area. School assignment varies by exact address. Verify with the district before writing an offer.

Is Lawrence good for real estate investors?

Lawrence sees investor activity for long-term holds on ranch and subdivision stock. Rental demand from military households and the broader northeast workforce is reliable. Verify rental comps on the specific street and budget for maintenance on older systems where applicable.

What should sellers know about pricing in Lawrence?

With a 98% sale-to-list ratio and a 30-day median DOM, accurate initial pricing drives the result. Comp work should focus on the specific subdivision and condition tier, not the citywide average.

How long do homes stay on the market in Lawrence?

The median days on market is about 30 days. Well-priced updated homes in established subdivisions move faster. Projects and homes priced ahead of recent comps tend to sit longer.

Local read, real next step

Thinking about Lawrence?

Book a consultation and a Roots agent will walk you through the Lawrence market, real numbers, and the tradeoffs that do not show up in a listing photo.