Laurel Bay, SC is a great place to consider for housing. With a median value of $214,300, the cost of homes in this area are much lower than the US median house value of $338,100. What's even better about investing in Laurel Bay is that the 1 year house appreciation rate in this area is far higher than the national average at 17.40%. This means that if you choose to purchase a home here, you can expect to see an increase in value over time of nearly double what you would experience nationally.
The median home cost in Laurel Bay is $214,300. Home appreciation the last 10 years has been 110.8%. Home Appreciation in Laurel Bay is up 25.6%.
Average Age of Homes
- The median age of Laurel Bay real estate is 35 years old
The Rental Market in Laurel Bay
- Renters make up 76.8% of the Laurel Bay population
- 5.1% of houses and apartments in Laurel Bay, 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.