The story of this market
The typical home in ZIP 66047 sells for about $399,900, or $148 per square foot.
Prices are up +3.2% 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 $1,147 a month.
ZIP 66047 — Lawrence
The housing market in 66047 remains stable, supported by consistent demand from the university community and limited inventory. While price growth has moderated compared to previous years, the area continues to see steady interest from both buyers and renters. Current conditions reflect a balanced market with moderate days on market and stable sale-to-list ratios.
This ZIP is well-suited for university-affiliated families, professionals working in Lawrence, and investors seeking rental properties due to the consistent demand from the student and faculty population.
Median prices moved up 3.2% year over year.
Homes spend a median of 45 days on market with 2.8 months of supply — a fast-moving market.
12% 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 3.1% · poverty 15.5% — a stable, low-distress 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 5.9%/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
net influx — more people moved in than out
ZCTA 66047, Douglas County KS
Crime rates in this area are generally consistent with regional averages for Lawrence, with property crime being the most frequently reported incident type.
Schools serving this ZIP are part of the Lawrence Public Schools district, which maintains a generally positive reputation for academic performance and student support services.
The area is subject to standard Midwestern weather risks, including severe thunderstorms and occasional tornado activity; flood risk is localized to specific low-lying areas near drainage basins.
Economic momentum is driven by the proximity to the University of Kansas and associated research and service sectors, with steady residential development occurring on the city's western fringe.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Kansas) — Kansas Residential Property Tax: Annual tax bill calculated as: (Appraised Fair Market Value * 11.5% Assessment Rate) * (Mill Levy / 1,000). The mill levy is the combined tax rate set by local taxing jurisdictions.
Residents primarily commute via K-10 and US-40 toward the University of Kansas campus and downtown Lawrence, with moderate traffic during peak hours.
The area features access to several community parks, walking trails, and proximity to Clinton Lake for outdoor recreation, alongside local shopping centers.
The rental market is influenced by the university student population, resulting in high demand for apartments and single-family rentals with seasonal vacancy fluctuations.
The economy is anchored by the University of Kansas, with significant employment in education, healthcare, and professional services.
Transportation is primarily automobile-dependent, with Lawrence Transit providing bus services connecting the ZIP to the university and downtown areas.
Development is focused on infill projects and the expansion of residential infrastructure in the western and southern sectors of the ZIP.
The Douglas County Appraiser's Office conducts annual property valuations based on market sales data and physical inspections.
Parcels are subject to Lawrence Public Schools (USD 497) levies and various municipal utility districts.
Property insurance premiums are moderate, reflecting the area's inland location and standard risk profile for wind and hail.
Data retrieved from data.census.gov ZCTA 66047 profile.
- Lawrence Aquatic Center4.39.3 mi
- Breakout Lawrence4.89.4 mi
- Allen Fieldhouse4.98 mi
- David Booth Kansas Memorial Stadium4.48.7 mi
- Stormont Vail Events Center4.319.7 mi
- Lied Center of Kansas4.77.6 mi
- The Granada4.49.2 mi
- Clinton State Park4.53.7 mi
- Regal Southwind4.36.4 mi
- Royal Crest Lanes4.48.2 mi
- KU Natural History Museum4.78.6 mi
- Spencer Museum of Art4.68.6 mi
- Lawrence Public Library4.59.4 mi
- Kansas State Capitol Visitor Center4.719.9 mi
- Brown v. Board of Education National Historical Park4.819.4 mi
- KU Natural History Museum4.78.6 mi
- Spencer Museum of Art4.68.6 mi
- Clinton State Park4.53.7 mi
- Prairie Park Nature Center4.79.1 mi
- Woodridge Primitive Park4.54.4 mi
- South Park4.79.1 mi
- Mutt Run Off-Leash Dog Park4.84.3 mi
- Clinton Marina, Inc.4.73.5 mi
- Lake Perry Yacht & Marina4.616.6 mi
- Rock Creek Marina & Resort- Boat Rentals & Cabins4.519.4 mi
- Eagle Bend Golf Course4.13.6 mi
- The Jayhawk Club4.46.3 mi
- Lawrence Country Club4.68.6 mi
- Centennial Park Disc Golf Course4.58.3 mi
- Hy-Vee Grocery Store4.36.4 mi
- Dillons4.28.7 mi
- Dillons4.38.1 mi
- Dillons4.17.2 mi
- Dillons4.26.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large state park offering camping, boating, and hiking trails.
Public 18-hole golf course located near the reservoir.
Major athletic facility hosting university and community sports events.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.