Laurel Park, NC is a great place for real estate investments. The median value of housing in Laurel Park is $420,200, which is significantly higher than the US house median value of $338,100. In addition, the appreciation rate of houses in Laurel Park is 18.83%, much higher than the 8.27% one year house appreciation rate in the US on average. This makes Laurel Park an attractive location for potential homeowners looking to invest in properties.
The median home cost in Laurel Park is $420,200. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Laurel Park is up 22.1%.
Average Age of Homes
- The median age of Laurel Park real estate is 34 years old
The Rental Market in Laurel Park
- Renters make up 16.4% of the Laurel Park population
- 1.3% of houses and apartments in Laurel Park, 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.