Lawrence, IN
Full City Profile · Indiana · Hancock County County
3.5
/5.0
B+
Good
49,284
Population
2,445/sq mi density
$73,455
Median Income
$36,911 per capita
$220,400
Home Value
$265,308 Zillow
$1,084
Median Rent
30.6% income on rent
52°F
Avg Temperature
293 sunny days/yr
360
Violent Crime/100K
2,199 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$73,455 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$220,400 home value, $1,084/mo rent
F
Safety
1.0 / 5.0
360 violent crimes/100K
B+
Education
3.8 / 5.0
35.4% bachelor's degree or higher
Housing Overview
Median Home Value
$220,400
22% below
US avg: $281,900
Median Rent
$1,084/mo
7% below
US avg: $1,163/mo
Homeownership Rate
66.1%
1% above US avg (65.4%)
Total Housing Units
20,275
Median year built: 1991
Home Value by Source
Census Median
$220,400
Zillow (ZHVI)
$265,308
Median Sale Price
$260,000
Median List Price
$285,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.1%
Owner-Occupied
33.9%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$685/mo
1 Bedroom
$729/mo
2 Bedroom
$956/mo
3 Bedroom
$1,146/mo
4 Bedroom
$1,447/mo
Census median rent:
$1,084/mo
· Zillow rent:
$1,560/mo
Market Indicators (Redfin)
Median Days on Market
51 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
35
Price Drops
40.3%
of listings with price reduction
Price Per Sq Ft
$146
Active Inventory
67
homes for sale
Affordability & Housing Stock
Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
66.1%
Complete Housing Data
Home Values
| Census Median Value | $220,400 |
| Zillow Home Value (ZHVI) | $265,308 |
| Median Sale Price | $260,000 |
| Median List Price | $285,000 |
| Price Per Sq Ft | $146 |
Rent
| Census Median Rent | $1,084 |
| Zillow Rent (ZORI) | $1,560 |
| FMR Studio | $685 |
| FMR 1-Bedroom | $729 |
| FMR 2-Bedroom | $956 |
| FMR 3-Bedroom | $1,146 |
| FMR 4-Bedroom | $1,447 |
Market
| Days on Market | 51 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 40.3% |
| Homes Sold | 35 |
| Active Inventory | 67 |
| Price Per Sq Ft | $146 |
Ownership & Stock
| Owner-Occupied | 66.1% |
| Renter-Occupied | 33.9% |
| Homeownership Rate | 66.1% |
| Total Housing Units | 20,275 |
| Median Year Built | 1991 |
| Rent Burden | 30.6% |
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