The housing market in Laurel Hill, VA is strong with a median value of $581,500, which is significantly higher than the US median value of $338,100. While the US has seen a 1 year house appreciation rate of 8.27%, the appreciation rate for Laurel Hill was slightly lower at 3.59%. This suggests that the housing market in Laurel Hill is fairly stable and offers a great investment opportunity to prospective buyers.
The median home cost in Laurel Hill is $581,500. Home appreciation the last 10 years has been 55.5%. Home Appreciation in Laurel Hill is up 8.6%.
Average Age of Homes
- The median age of Laurel Hill real estate is 14 years old
The Rental Market in Laurel Hill
- Renters make up 20.7% of the Laurel Hill population
- 2.2% of houses and apartments in Laurel Hill, 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.