The story of this market
The typical home in ZIP 01841 sells for about $548,000, or $250 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,672 a month.
ZIP 01841 — Lawrence
The housing market in 01841 remains stable with limited inventory and steady demand, particularly for entry-level housing. Prices have seen modest year-over-year growth, though affordability remains a challenge for many residents due to the local income profile. Figures for months of supply and sale-to-list ratios are based on current market activity in the Lawrence area.
This ZIP code is well-suited for renters and first-time homebuyers seeking urban affordability and proximity to transit, though it may be less attractive to those prioritizing top-tier school districts.
Median prices moved up 2.5% year over year.
Homes spend a median of 45 days on market with 2.1 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.7% · poverty 17.9% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 01841, Essex County, MA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Lawrence are higher than the Massachusetts state average, with property and violent crime incidents reported more frequently than in surrounding suburban communities.
Public schools in the area are part of the Lawrence Public Schools district, which faces significant challenges regarding academic performance and resource allocation compared to neighboring districts.
The area is subject to standard New England climate risks, including winter storm exposure and potential localized flooding near the Merrimack River.
Economic momentum is driven by local manufacturing, healthcare, and retail sectors, with ongoing efforts to revitalize the historic mill districts for mixed-use development.
Property taxes are assessed by the City of Lawrence based on a uniform tax rate applied to the fair market value of real estate, with exemptions available for qualifying elderly, disabled, or veteran residents.
Residents have access to the MBTA Commuter Rail via the Lawrence station, providing transit to Boston, while major highway access is facilitated by I-495 and Route 114.
The area features several local parks and proximity to the Merrimack River for outdoor activities, alongside diverse shopping and dining options concentrated in the downtown corridor.
The rental market is characterized by high demand and low vacancy rates, driven by a large population of renters and limited new supply of housing units.
The local economy is anchored by healthcare, education, and manufacturing, with significant employment provided by regional medical centers and light industrial firms.
The area is served by the MBTA Commuter Rail Haverhill Line and local bus routes, with easy access to I-495 for regional travel.
Development is focused on urban infill and the adaptive reuse of historic properties to increase housing density.
The City of Lawrence Assessor's Office manages property valuations, conducting periodic revaluations to ensure assessments reflect current market conditions.
Parcels are subject to municipal property taxes and may fall within specific water and sewer utility districts managed by the city.
Property insurance premiums are influenced by the area's urban density and proximity to the Merrimack River, which may require flood insurance for certain properties.
Massachusetts is a non-judicial foreclosure state, requiring strict adherence to statutory notice and auction procedures.
Sellers are required to provide a property disclosure statement regarding the condition of the home, though the state is generally a 'caveat emptor' jurisdiction.
Data retrieved from Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Canobie Lake Park4.56.9 mi
- Kimball Farm Westford4.618.7 mi
- K1 Speed Boston-Wilmington4.210.6 mi
- Dave & Buster's Woburn4.114.7 mi
- Nova Adventure Park4.516.4 mi
- Canobie Lake Park4.56.9 mi
- Cider Hill Farm4.716.5 mi
- Tsongas Center4.58.7 mi
- The Brook4.218.3 mi
- Kowloon Restaurant4.218.5 mi
- Canobie Lake Park4.56.9 mi
- AMC Methuen 204.32.2 mi
- K1 Speed Boston-Wilmington4.210.6 mi
- Cinemark Rockingham Park and XD4.75.3 mi
- Showcase Cinema de Lux Lowell4.410.7 mi
- Salem Witch Museum3.819.2 mi
- Peabody Essex Museum4.719.2 mi
- The Witch House at Salem4.319 mi
- Castle Hill on the Crane Estate4.719.7 mi
- The House of the Seven Gables4.619.6 mi
- Benson Park4.812.7 mi
- Harold Parker State Forest4.77.5 mi
- Ipswich River Park4.710.7 mi
- Griffin Park4.87.8 mi
- Winnekenni Castle4.67.3 mi
- Pickering Wharf Marina4.619.5 mi
- Jubilee Yacht Club Inc4.618.9 mi
- Crescent Yacht Club4.46.2 mi
- The Mall at Rockingham Park4.45 mi
- Tuscan Village4.45 mi
- Kohl's4.111.2 mi
- Burlington4.212.7 mi
- Burlington4.24.8 mi
- Boston Logan International Airport4.125.3 mi
- Manchester-Boston Regional Airport4.620.2 mi
- Park Shuttle & Fly4.523.7 mi
- The Lounge3.425.1 mi
- DaCoopas Pizza4.124.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Features historic mill exhibits and riverfront walking paths.
Provides recreational fishing and boating access.
Key-figure check: median price diverges 23.5% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $393,800 (28.1% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $393,800 (-23.5% vs the published ten-year series (2025)) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.