Market Overview
Home Prices in Lawrence, NE
The median home value in Lawrence, NE is $205,816 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.7% compared to a year ago and down 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Lawrence are priced50% below average.
Over the past five years, Lawrence home values have risen by approximately26.1%, reflecting strong long-term appreciation in this market.
Price History
Lawrence Home Price Trend
2020
$139,810
$140K
—
2021
$163,263
$163K
+16.8%
2022
$191,532
$192K
+17.3%
2023
$199,082
$199K
+3.9%
2024
$201,718
$202K
+1.3%
2025
$198,442
$198K
-1.6%
2026
$205,816
$206K
+3.7%
City Comparison
Lawrence vs. National Median
🏠 Lawrence
$205,816
National Median
$410,000
At $205,816, homes in Lawrence cost 50% below the national median of $410,000. This makes Lawrence a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Lawrence?
20% Down Payment
$41,163
on $205,816
Monthly P&I
$1,073/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,363/mo
incl. taxes & insurance
Income Needed
$54,520
gross annual (30% rule)
10% Down Option
$20,582
+ PMI applies
Loan Amount (20% dn)
$164,653
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Lawrence, NE?
The median home value in Lawrence is $205,816 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.7% year-over-year.
How much have home prices changed in Lawrence?
Over the past year, home values in Lawrence have increased by 3.7%. Over five years, prices have risen approximately 26.1%.
How much do I need to earn to buy a home in Lawrence?
To comfortably afford the median home price of $205,816 with a 20% down payment ($41,163) at today's rates (6.8%), you'd need a gross annual income of approximately $54,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Lawrence compare to the national average home price?
The national median home value is approximately $410,000. At $205,816, homes in Lawrence are 50% below the national average.