Lawrence Real Estate
13 active listings · 37 sold in the past 12mo
$449,000
Median List Price
37
Sold (past 12mo)
77
Avg Days on Market
-8.7%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
Loading map…
Market Dashboard
Homes for Sale(13)
View all with filters →
For Sale
1/63
$995,900
47944 County Road 673, Lawrence, MI 49064
5 bd5 ba3,080 sqft98.75 ac
Single Family
For Sale
1/32
$950,000
48855 Howard Drive, Lawrence, MI 49064
3 bd3 ba3,272 sqft0.43 ac
Single Family
For Sale
1/37
$700,000
51323 County Road 215 Road, Lawrence, MI 49064
6 bd3 ba3,886 sqft24.52 ac
Single Family
For Sale
1/49
$575,000
51534 County Road 673, Lawrence, MI 49064
5 bd4 ba3,851 sqft12.44 ac
Single Family
For Sale
1/30
$468,000
43559 County Rd 681, Lawrence, MI 49064
3 bd2 ba1,531 sqft3.25 ac
Single Family
For Sale
1/36
$455,000
58380 County Road 365 N, Lawrence, MI 49064
4 bd3 ba3,596 sqft4.76 ac
Single Family
For Sale
1/57
$449,000
59021 County Road 215, Lawrence, MI 49064
3 bd1 ba1,637 sqft7.47 ac
Single Family
For Sale
1/26
$316,000
66713 Territorial Road, Lawrence, MI 49064
3 bd2 ba1,726 sqft0.30 ac
Single Family
For Sale
1/35
$299,000
66598 Territorial Road, Lawrence, MI 49064
4 bd1 ba2,136 sqft1.47 ac
Single Family
Under Contract
1/32
$269,900
62852 Territorial Road, Lawrence, MI 49064
3 bd2 ba2,076 sqft1.40 ac
Single Family
For Sale
1/34
$224,500
220 E James Street, Lawrence, MI 49064
3 bd1 ba1,407 sqft0.28 ac
Single Family
For Sale
1/21
$145,000
347 Main Street, Lawrence, MI 49064
4 bd1 ba1,752 sqft0.30 ac
Single Family
For Sale
1/25
$125,000
413 W Saint Joseph Street, Lawrence, MI 49064
4 bd1 ba1,681 sqft0.18 ac
Single Family
Recently Sold(37)
Frequently Asked Questions about Lawrence
What is the current real estate inventory in Lawrence?
Lawrence currently has 13 homes listed for sale. The median asking price is $449,000.
What is the median home price in Lawrence?
Homes in Lawrence sell for a median of $449,000, drawn from 37 transactions over the past year.
How fast do homes sell in Lawrence?
The average days on market in Lawrence is 77, based on 37 recent transactions.
What school districts serve Lawrence?
Multiple school districts may serve Lawrence. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
Is Lawrence a buyer's or seller's market?
Lawrence is currently a balanced market, with 4.2 months of supply. That ratio comes from 13 active listings relative to 37 sales per year.
How much are property taxes in Lawrence?
Property taxes in Lawrence are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Lawrence?
Based on Census Bureau ACS data, Lawrence shows a -8.7% Household Formation Gap. Despite household size decreasing from 2.49 to 2.82, the 3.4% population decline has reduced the overall number of households needing housing. This is a secondary demographic indicator, distinct from primary market measures.