Cities with the fastest growing home prices in Lawrence metro area

Written by:
September 29, 2022
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Cities with the fastest growing home prices in Lawrence metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and not other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Lawrence, KS metro area using data from Zillow. Cities are ranked by 1-year price change as of August 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 4 cities and towns with data available were included in the list.

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1 / 4
Stacker

#4. Lecompton, Kansas

- 1-year price change: +$15,529 (+6.6%)
- 5-year price change: +$73,715 (+42.0%)
- Typical home value: $249,240 (#4 most expensive city in metro)
2 / 4
Stacker

#3. Eudora, Kansas

- 1-year price change: +$20,725 (+8.3%)
- 5-year price change: +$93,128 (+52.6%)
- Typical home value: $270,172 (#3 most expensive city in metro)
3 / 4
Stacker

#2. Baldwin City, Kansas

- 1-year price change: +$21,378 (+8.3%)
- 5-year price change: +$92,886 (+50.1%)
- Typical home value: $278,464 (#2 most expensive city in metro)
4 / 4
Stacker

#1. Lawrence, Kansas

- 1-year price change: +$22,409 (+8.7%)
- 5-year price change: +$87,982 (+46.1%)
- Typical home value: $278,646 (#1 most expensive city in metro)

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