The housing in Laurel, FL is doing quite well compared to the US average. The median value of a house in Laurel, FL is $390,600, while the US median value for a house is $338,100. Additionally, the house appreciation rate in Laurel, FL is 23.37%, significantly higher than the US 1 year House Appreciation rate of 8.27%. This shows that the housing market in Laurel, FL is booming and could be considered a great investment opportunity.
The median home cost in Laurel is $390,600. Home appreciation the last 10 years has been 211.6%. Home Appreciation in Laurel is up 31.2%.
Average Age of Homes
- The median age of Laurel real estate is 41 years old
The Rental Market in Laurel
- Renters make up 15.7% of the Laurel population
- 1.3% of houses and apartments in Laurel, 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.