The story of this market
The typical home in ZIP 01843 sells for about $545,818, or $318 per square foot.
Prices are up +8.4% from a year ago, so sellers still have some momentum. Homes take about 22 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,746 a month.
ZIP 01843 — Lawrence
The 01843 housing market is highly competitive with a median home value of approximately $546,000 and a year-over-year price increase of 8.4%. Market conditions are driven by high renter demand and limited inventory, though the area's tenant-protective regulatory environment warrants caution for investors. Several metrics, including specific tax rates and school ratings, are not currently published at the ZIP level.
This ZIP is primarily suited for experienced real estate investors and local residents, given the specific risk profile and pricing dynamics of the Lawrence market.
Median prices moved up 8.4% year over year.
Homes spend a median of 22 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.7% · poverty 14.8% — a stable, low-distress profile.
ZCTA 01843, Essex County, MA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Massachusetts) — Massachusetts Local Property Tax: Ad valorem tax calculated as (Municipal Budget / Total Assessed Value of all taxable property) = Tax Rate per $1,000 of assessed value. Assessments must be at 100% of full and fair cash (market) value.
The rental market shows high renter density with a median rent of $2,399, though the area is characterized by tenant-protective state regulations.
The local economy is anchored by the broader Lawrence industrial and service sectors, with a median household income significantly lower than the Essex County average.
Data sourced from Repit and Census-based aggregators.
- Canobie Lake Park4.58.5 mi
- Kimball Farm Westford4.617.8 mi
- Boda Borg Boston4.718.6 mi
- K1 Speed Boston-Wilmington4.28.8 mi
- Dave & Buster's Woburn4.112.8 mi
- Canobie Lake Park4.58.5 mi
- Tsongas Center4.58.1 mi
- Cider Hill Farm4.717.6 mi
- Kowloon Restaurant4.216.7 mi
- The Brook4.219.5 mi
- Canobie Lake Park4.58.5 mi
- AMC Methuen 204.34 mi
- K1 Speed Boston-Wilmington4.28.8 mi
- Dave & Buster's Woburn4.112.8 mi
- Cinemark Rockingham Park and XD4.76.8 mi
- Salem Witch Museum3.817.9 mi
- Peabody Essex Museum4.717.9 mi
- The Witch House at Salem4.317.6 mi
- Castle Hill on the Crane Estate4.719.5 mi
- The House of the Seven Gables4.618.2 mi
- Mass Audubon's Ipswich River Wildlife Sanctuary4.912.9 mi
- Harold Parker State Forest4.76 mi
- Endicott Park4.812.8 mi
- Ipswich River Park4.78.9 mi
- Friendship Park4.812.9 mi
- Crescent Yacht Club4.47.4 mi
- The Mall at Rockingham Park4.46.5 mi
- Tuscan Village4.46.6 mi
- Burlington4.211 mi
- Kohl's4.110.2 mi
- Burlington4.26.4 mi
- Boston Logan International Airport4.123.6 mi
- Manchester-Boston Regional Airport4.621.7 mi
- Park Shuttle & Fly4.521.9 mi
- The Lounge3.423.3 mi
- DaCoopas Pizza4.122.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: median price corroborated by the published ten-year series (2025) (within 12.5%).