LAWRENCE HOUSING MARKET INFORMATION With a population of 49,235, 19,553 total housing units (homes and apartments), and a median house value of $254,161, house prices in Lawrence are solidly below the national average. Single-family detached homes are the single most common housing type in Lawrence, accounting for 63.87% of the city's housing units. Other types of housing that are prevalent in Lawrence include large apartment complexes or high rise apartments ( 18.72%), mobile homes or trailers ( 10.39%), and a few row houses and other attached homes ( 4.80%). Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lawrence. Owner-occupied housing accounts for 65.81% of Lawrence's homes, and 60.88% have either three or four bedrooms, which is average sized relative to America. There is a lot of housing in Lawrence built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lawrence built between 2000 and later ( 28.66%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.57%). There's also some housing in Lawrence built before 1939 ( 4.27%). LAWRENCE HOME APPRECIATION RATES In the last 10 years, Lawrence has experienced some of the highest home appreciation rates of any community in the nation. Lawrence real estate appreciated 129.99% over the last ten years, which is an average annual home appreciation rate of 8.69%, putting Lawrence in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Lawrence definitely has a track record of being one of the best long term real estate investments in America through the last ten years. Over the last year, Lawrence appreciation rates have trailed the rest of the nation. In the last twelve months, Lawrence's appreciation rate has been 6.53%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Lawrence were at 1.14%, which equates to an annual appreciation rate of 4.65%. Relative to Indiana, our data show that Lawrence's latest annual appreciation rate is lower than 90% of the other cities and towns in Indiana. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Lawrence differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Lawrence - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Lawrence real estate investment or home purchase decisions.