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University Place Home for Sale

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    $950,000

    • 3 Beds
    • 2.5 Baths
    • 3,447 Sq Ft

    1616 Louisiana St, Lawrence, KS 66044

    Prime Mount Oread Location! This 1923 historic home sits on the southeast point of Mount Oread, originally platted as Fort Thatcher Place in 1911 and is considered one of the "most historic parts of Lawrence" according to multiple sources. Close to everything on the KU campus including Allen Fieldhouse, David Booth Memorial Stadium, Strong Hall, Wescoe Hall, Kansas Memorial Union and more.

    TIM MARTIN KW Integrity

    1616 Louisiana St, Lawrence, KS 66044

Why Live in University Place

As the name suggests, Lawrence’s University Place neighborhood is located near the University of Kansas, attracting students, professors and those who work for the school. Some homes date back to the late 1800s, but potential homebuyers will mostly find properties built in the early 20th century in University Place. Styles range from Craftsman bungalows and Cape Cods to Colonial Revivals and American Foursquares. The neighborhood is within walking distance of the university and its amenities, including the Spencer Museum of Art and the KU Natural History Museum. Parks like South Park and Veterans Park are also nearby. Restaurants and grocery stores are close, too. The University Place Neighborhood Association hosts lots of things to do throughout the year, like block parties. Students can attend highly rated schools, including Cordley Elementary School, Liberty Memorial Central Middle School and Lawrence High School. It’s a 3-mile drive to Interstate 70, which leads toward Topeka and Kansas City. Downtown Lawrence is about 2 miles north and has an Amtrak station. Residents can also take advantage of nearby bus stops.

Frequently Asked Questions

Is University Place a good place to live?
University Place is a good place to live. University Place is considered somewhat walkable and bikeable with good transit options. University Place is a neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. University Place has 17 parks for recreational activities. It is somewhat dense in population with 8.1 people per acre and a median age of 30. The average household income is $106,750 which is above the national average. College graduates make up 95.6% of residents. A majority of residents in University Place are renters, with 59% of residents renting and 41% of residents owning their home. A local real estate agent serving University Place can help you decide if this neighborhood is the right one for you. Learn more on our University Place neighborhood guide.
Is University Place, KS a safe neighborhood?
University Place, KS is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in University Place?
The median home price in University Place is $510,000. If you put a 20% down payment of $102,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $2,570 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $110K a year to afford the median home price in University Place. Learn how much home you can afford with our Home Affordability Calculator. The average household income in University Place is $107K.
What are the best public schools in University Place?
The best public schools that serve University Place are:
What are the best private schools in University Place?
The best private schools that serve University Place are:
What are the most popular zip codes in University Place, Lawrence, KS?
The most popular zip codes in University Place, Lawrence, KS include 66044, 66046, 66049, 66047 and 66006.
What are the most popular neighborhoods near University Place, Lawrence, KS?
The most popular neighborhoods near University Place, Lawrence, KS are Centennial, Barker, East Lawrence, Brook Creek and Old West Lawrence.

Home Trends in University Place, KS

Housing Trends

Median Sale Price
$470,000
Median Single Family Sale Price
$475,000
Average Price Per Sq Ft
$262
Number of Homes for Sale
1
Last 12 months Home Sales
8
Months of Supply
1.50
Median List Price
$510,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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