The housing in Laurel Park, VA is quite affordable. The median value of houses located in Laurel Park is $126,700, which is significantly less than the US house median value of $338,100. Furthermore, the 1 year house appreciation rate for the US is 8.27%, while the rate for Laurel Park is 15.80%. This higher rate of appreciation means that those who invest in homes in Laurel Park have a greater potential to increase their property values over time.
The median home cost in Laurel Park is $126,700. Home appreciation the last 10 years has been 55.9%. Home Appreciation in Laurel Park is up 15.8%.
Average Age of Homes
- The median age of Laurel Park real estate is 42 years old
The Rental Market in Laurel Park
- Renters make up 33.0% of the Laurel Park population
- 0.0% 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.