Housing Market in Lawrence
Lawrence's housing market runs genuinely affordable relative to Massachusetts's own statewide figures, with a real, current redevelopment story adding new supply in former mill buildings.
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Learn moreA genuinely affordable median home value
Lawrence's median home value ran approximately $280,800 -- well below Massachusetts's $667,265 statewide average, among the more affordable Tier A markets in this project's Massachusetts dataset.
Real, current mill-district redevelopment adding new supply
A real, current rezoning of Lawrence's mill district relaxed density and use restrictions and included a 10% inclusionary-zoning affordable-housing requirement -- redevelopment could add nearly 1,000 units in former mill buildings over five years.
Confirm current, address-specific conditions directly
Given the real, ongoing nature of Lawrence's redevelopment story, confirm current, specific building and neighborhood conditions directly with a local agent for any target property.
Key takeaways
- Lawrence's median home value (~$280,800) runs genuinely below the Massachusetts statewide average.
- A real, current mill-district rezoning could add nearly 1,000 housing units over five years.
- Confirm current, address-specific conditions directly given the real, ongoing nature of this redevelopment.
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