Why Live in University Place
                
                    
                    
                        University Place in Lawrence, KS, is a historic neighborhood located on the south border of the University of Kansas (KU) campus. Known for its well-preserved homes dating back to the late 1800s, the area features a mix of Craftsman bungalows, Cape Cods, Victorian cottages, and two-story houses blending foursquare, Craftsman, and Colonial Revival styles. The median construction year is 1930, with many homes showcasing clapboard exteriors and shaded by mature trees. The neighborhood has a close-knit community, with homeowners hosting block parties and creative activities throughout the year. Renters make up about three-quarters of the population, largely due to the proximity to KU, making it a popular choice for students and professors.
University Place offers convenient access to several attractions, including the Spencer Museum of Art and the KU Natural History Museum. Veterans Park and South Park provide recreational amenities such as playgrounds, sports courts, and walking paths. The neighborhood is also close to dining options like Taylor’s Donuts, Taqueria La Pasadita, and the popular 1900 Barker - Bakery and Cafe. Grocery shopping is accessible with nearby stores like Dillons and Checkers Foods.
The area is served by highly rated schools, including Cordley Elementary School and Lawrence High School. Commuting is facilitated by the neighborhood's proximity to Interstate 70, downtown Lawrence, and the Lawrence Amtrak station. For air travel, Kansas City International Airport is about 51 miles away. University Place has a crime rate on par with the national average, making it a relatively safe area to live.
                    
                
            
        
                
                
                        
Frequently Asked Questions
                    
                            
                                Is University Place a good place to live?
                            University Place is a good place to live. University Place is considered somewhat walkable and very bikeable. University Place has 17 parks for recreational activities. It is somewhat dense in population with 8.1 people per acre and a median age of 30. The average household income is $106,750 which is above the national average. College graduates make up 95.6% of residents. A majority of residents in University Place are renters, with 59% of residents renting and 41% of residents owning their home. A 
local real estate agent serving University Place can help you decide if this neighborhood is the right one for you. Learn more on our 
University Place neighborhood guide.
 
                            
                                How much do you need to make to afford a house in University Place?
                            The median home price in University Place is $329,900. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 6.17%, your estimated principal and interest payment would be $1,610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in University Place. The average household income in University Place is $107K.
                             
                            
                                What are the best public schools in University Place?
                            The best public schools that serve University Place are:
 
                            
                                What are the best private schools in University Place?
                            The best private schools that serve University Place are:
 
                            
                                What are the most popular zip codes in University Place, Lawrence, KS?
                            
                             
                            
                                What are the most popular neighborhoods near University Place, Lawrence, KS?
                            
                             
                            
                                Are home prices dropping in University Place?
                            Yes, home prices in University Place are down 20% in the last 12 months.
                             
                
        
    
        Home Trends in University Place, KS
           On average, homes in University Place, Lawrence sell after 11 days on the market compared to the national average of 53 days. The median sale price for homes in University Place, Lawrence over the last 12 months is $315,000, down 30% from the median home sale price over the previous 12 months. 
		
			
    
            
                
                    
                            Median Sale Price
                            $315,000
                     
                 
                    
                        
                                Median Single Family Sale Price
                                $329,900
                         
                     
             
            
                
                    
                            Average Price Per Sq Ft
                            $286
                     
                 
                    
                        
                                Number of Homes for Sale
                                3
                         
                     
             
            
                
                    
                            Last 12 months Home Sales
                            5
                     
                 
                    
             
            
                
                    
                            Median List Price
                            $329,900
                     
                 
                    
                        
                                Median Change From 1st List Price
                                0%
                         
                     
             
            
                
                    
                            Median Home Sale Price YoY Change
                            -30%