Compare: Massachusetts vs Lawrence
Home Values in Massachusetts and Lawrence
|Zillow Home Value IndexWhat's this?||$292,600||vs||$158,700|
|Median List Price||$345,000||vs||$164,900|
|Median Sale Price||$307,300||vs||$181,200|
|Total Homes Sold in May||15650 homes||vs||54 homes|
Massachusetts tends to be more expensive for home buyers than Lawrence, MA. During the last year, Massachusetts home values have risen by 4.7%, while Lawrence home values have risen by 2.3%. The median sale price in Massachusetts is $307,300, but the median listing price was $345,000, a 10.9% discount. Meanwhile in Lawrence, the median selling price is $181,200, and the starting price had a median of $164,900, a 9.9% increase. In May, Massachusetts home sellers managed to move 15650 houses, while Lawrence saw 54 transactions.
Demographics in Massachusetts and Lawrence
|Median Household Income||$53,250||vs||$27,983|
|Homes with Kids||29.7%||vs||30.9%|
|Average Household Size||2.5||vs||2.9|
|Average Commute Time (Minutes)||28||vs||23|
At $27,983, the median income in Lawrence is $25,267 less than in Massachusetts, and $16,529 lower than the national average. Massachusetts has an older median age, at 37, compared to 31 in Lawrence, and a longer average commute. The average commute in Lawrence is 23 minutes and the average commute in Massachusetts is 28 minutes.
Homes for Sale in Massachusetts and Lawrence
Massachusetts vs Lawrence