Laurel Metro Area, MS Housing

The housing market in the Laurel, MS Metro Area is an attractive option for those looking to buy or invest. The median housing value is $131,300 which is significantly lower than the US median of $338,100. This makes it an accessible option for people on a budget. Additionally, the 1-year appreciation rate in this area is 12.85%, which is higher than the national average of 8.27%. This makes it a great investment opportunity for those looking to put their money into real estate.

The median home cost in Laurel Metro Area is $131,300. Home appreciation the last 10 years has been 51.9%. Home Appreciation in Laurel Metro Area is up 12.0%.

Average Age of Homes

- The median age of Laurel Metro Area real estate is 37 years old

The Rental Market in Laurel Metro Area

- Renters make up 21.1% of the Laurel Metro Area population
- 1.1% of houses and apartments in Laurel Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Laurel, Mississippi	United States
	36,596.0	139,647,020.0
	39	42
	$131,300	$338,100
	12.0%	16.6%
	41.6%	57.0%
	51.9%	101.1%
	$8.51	$10.98
	$848	$2,690
	63.7%	57.4%
	16.9%	11.2%
	19.4%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	1.0%	0.7%
	0.3%	0.4%
	1.7%	3.6%
	12.8%	4.1%
Value of Owner-Occupied Housing
	12.2%	2.6%
	7.4%	2.4%
	9.7%	2.8%
	10.5%	3.9%
	10.4%	4.5%
	16.3%	11.3%
	14.3%	13.0%
	12.9%	20.1%
	3.5%	13.6%
	0.9%	8.3%
	1.6%	9.7%
	0.5%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	13.2%	13.6%
	13.2%	13.6%
	14.7%	13.6%
	16.6%	13.2%
	18.5%	14.8%
	14.7%	13.6%
	7.4%	10.0%
	3.7%	4.7%
	6.9%	12.2%

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