Explore Lawrence
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Why Live in Lawrence
Lawrence Heritage State Park showcases the city's rich industrial heritage along the Merrimack River, where visitors explore mill buildings and learn about the historic Bread and Roses Strike of 1912. The Essex Art Center features rotating exhibits from local artists, while Den Rock Park provides peaceful hiking trails within city limits. Residents enjoy authentic Mexican dishes at Cafe Azteca, traditional Italian fare at Salvatore's riverside location, and Dominican specialties at Pollo Tipico. The Canal Street Antique Mall attracts collectors searching for vintage treasures.
The housing market in Lawrence presents diverse options across several neighborhoods. Mount Vernon features single family homes with a median price of $560,000, while Colonial Heights shows a median of $585,000 for similar properties. Tower Hill and Arlington areas provide more affordable options, with median single family home prices of $463,500 and $455,000 respectively. One bedroom condos start at a median price of $145,000, while two bedroom units have a median price of $275,000.
Property taxes in Lawrence maintain a 1.07% effective rate, matching neighboring communities like Methuen and Andover. The Massachusetts state income tax rate is 5.00%, with a 6.25% sales tax rate.
The MBTA Commuter Rail's Haverhill Line connects Lawrence to Boston, approximately 25 miles south. Local MVRTA buses serve the community, and I-495 provides quick access to surrounding areas. Educational options include Saint Michael School, rated A+ by Niche, and Central Catholic High School, rated A. Northern Essex Community College maintains several facilities throughout the city, including the Dimitry Building and El-Hefni Allied Health Technology Center.
Home Prices in Lawrence, MA
The median home sale price in Lawrence, MA is $487,500, up 3% year-over-year. Homes in Lawrence sell in 29 days on average, compared to the national average of 58 days.
Home Price Trends
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Median Sale Price
$487,500
|
Median Single Family Sale Price
$529,900
|
|
Median Townhouse Sale Price
$420,000
|
Median 2 Bedroom Sale Price
$366,500
|
|
Median 1 Bedroom Sale Price
$230,000
|
Average Price Per Sq Ft
$353
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Number of Homes for Sale
16
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Last 12 months Home Sales
168
|
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Months of Supply
1.10
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Median List Price
$494,950
|
|
Median Change From 1st List Price
0%
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Median Home Sale Price YoY Change
3%
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Popular Home Searches in Lawrence, MA
Lawrence’s mix of historic mill buildings and urban neighborhoods means buyers often look for charm, space, and affordability close to downtown or the Merrimack River.
- Want a place with character? Explore historic homes or Victorian homes near the North Canal Historic District.
- Looking for more space? Check out multi-family homes or duplexes across the city’s residential zones.
- Prefer low maintenance? Browse condos or townhomes near city amenities and transit access.
- Need outdoor space? Consider homes with a yard or patio for a personal outdoor retreat.
- Value energy savings? Look for homes with solar panels or EV charging setups.