The story of this market
The typical home in ZIP 66049 sells for about $340,977, or $187 per square foot.
Prices are down 9.07% from a year ago, which gives buyers more room to negotiate. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,100 a month.
This ZIP has no home sales of its own, so its market figures come from Douglas County, Kansas (county-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 66049 — Lawrence
The 66049 housing market remains stable with a median home price of $400,000 and a balanced inventory of 107 active listings. Demand is supported by the university-anchored economy, though rising interest rates have tempered the rapid price growth seen in previous years. The market is currently characterized by a 100% sale-to-list ratio, indicating that well-priced homes continue to move quickly.
This ZIP is ideal for families, university faculty, and professionals who value proximity to educational institutions and a suburban lifestyle. It offers a balance of established neighborhoods and newer developments, appealing to those seeking a stable community within reach of Kansas City.
Median prices moved down 9.1% year over year.
Homes spend a median of 35 days on market with 3.2 months of supply — a fast-moving market.
23% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.6% · poverty 8.8% — 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 6.1%/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 5.1%/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 66049, Douglas County KS
Crime rates in Lawrence are generally consistent with regional averages for university-anchored cities, with property crime being the primary concern. Local law enforcement reports stable trends, though specific neighborhood variations exist within the 66049 area.
The ZIP is served by the Lawrence Unified School District 497, which is generally well-regarded and includes several highly-rated elementary and secondary schools. The area benefits from proximity to the University of Kansas, which influences the educational culture.
The area is subject to standard Midwestern climate risks, including severe thunderstorms and occasional tornado activity. Flood risk is localized to specific drainage basins, and property insurance premiums are influenced by regional wind and hail exposure.
Economic momentum is driven by the University of Kansas and a growing cluster of research and technology firms. Infrastructure development focuses on maintaining connectivity to the Kansas City metro area and expanding local commercial corridors.
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 I-70, providing direct access to the Kansas City metropolitan area. The average commute is moderate, reflecting the balance between local employment and regional connectivity.
The area features extensive access to local parks, including the Clinton State Park and various neighborhood greenbelts. Shopping and dining are concentrated along the Bob Billings Parkway and Wakarusa Drive corridors.
The rental market is characterized by high demand due to the university student population and a limited supply of single-family rentals. Vacancy rates remain low, and rent growth has been consistent with regional trends.
The economy is anchored by the University of Kansas and the associated research and healthcare sectors. A diverse mix of retail, professional services, and light manufacturing supports the local workforce.
The area is served by a network of arterial roads connecting to K-10 and I-70. Public transit is provided by Lawrence Transit, offering bus routes throughout the city.
Development is focused on mixed-use projects along the western corridors and continued residential expansion. City planning emphasizes sustainable growth and infrastructure upgrades.
The Douglas County Appraiser's Office conducts annual assessments based on market value, utilizing mass appraisal techniques to ensure equitable taxation.
Parcels are subject to Lawrence USD 497 school district taxes and Douglas County municipal levies. No special MUD or PID districts are currently active in this ZIP.
Property insurance remains stable, though premiums are sensitive to regional weather patterns, particularly wind and hail risks common in Kansas.
Kansas has experienced modest net domestic migration, with Lawrence serving as a primary destination for students and professionals within the state.
Kansas is a judicial foreclosure state, requiring court intervention for the foreclosure process, which typically provides a structured timeline for homeowners.
Kansas law requires sellers to provide a written disclosure statement regarding the condition of the property, covering major systems and known defects.
Data retrieved from data.census.gov ZCTA-level tables.
- Lawrence Aquatic Center4.37.2 mi
- Breakout Lawrence4.87.4 mi
- Allen Fieldhouse4.96.5 mi
- David Booth Kansas Memorial Stadium4.46.8 mi
- Stormont Vail Events Center4.317.4 mi
- Lied Center of Kansas4.76 mi
- The Granada4.47.4 mi
- Clinton State Park4.52.2 mi
- Regal Southwind4.36.7 mi
- Royal Crest Lanes4.45.9 mi
- KU Natural History Museum4.77 mi
- Spencer Museum of Art4.66.9 mi
- Kansas State Capitol Visitor Center4.717.3 mi
- Lawrence Public Library4.57.3 mi
- Brown v. Board of Education National Historical Park4.817 mi
- KU Natural History Museum4.77 mi
- Spencer Museum of Art4.66.9 mi
- Clinton State Park4.52.2 mi
- Prairie Park Nature Center4.78.8 mi
- Woodridge Primitive Park4.54.4 mi
- South Park4.77.4 mi
- Mutt Run Off-Leash Dog Park4.83.5 mi
- Clinton Marina, Inc.4.72.7 mi
- Lake Perry Yacht & Marina4.610.9 mi
- Rock Creek Marina & Resort- Boat Rentals & Cabins4.514 mi
- Eagle Bend Golf Course4.14.1 mi
- The Jayhawk Club4.44.5 mi
- Lawrence Country Club4.65.9 mi
- Centennial Park Disc Golf Course4.55.9 mi
- Hy-Vee Grocery Store4.35.2 mi
- Dillons4.27.5 mi
- Dillons4.35.5 mi
- Dillons4.16.2 mi
- Dillons4.23.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large recreational area offering boating, fishing, and hiking trails.
Premier golf facility serving the local community.
Major anchor institution providing cultural and economic benefits.
Deterministic aggregate of 1 researched property in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
No county-record distress flags across 1 researched property on the ARED base layer. Key-figure check: median price diverges 25.0% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $400,000 could not be independently corroborated and was removed pending review (no prior-cycle value to revert to); the case is under review in the Command Center.