The housing market in 39440 Laurel, MS is on the rise. The median value of homes in the area is $101,200, which is significantly lower than the US house median value of $338,100. In comparison to the US 1 year house appreciation rate of 8.27%, houses in Laurel have appreciated 12.12% over the past year, demonstrating a strong market for buyers and sellers alike. With affordable housing prices and high appreciation rates, Laurel provides a great opportunity for those looking to purchase a home.
The median home cost in Laurel (zip 39440) is $101,200. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Laurel (zip 39440) is up 11.8%.
Average Age of Homes
- The median age of Laurel (zip 39440) real estate is 46 years old
The Rental Market in Laurel (zip 39440)
- Renters make up 37.7% of the Laurel (zip 39440) population
- 2.2% of houses and apartments in Laurel (zip 39440), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.