Laurel, DE Foreclosures
How much do homes sell for in Laurel, DE?
The average home price is currently $277,391.
In Laurel, DE, how many homes are available?
There are currently 1 active home listings available in Laurel.
What’s the average rental cost in Laurel, DE?
The average rental price in Laurel is $1,416.
What is the most expensive home in Laurel?
The most expensive home sold in Laurel had a price of $5,803,332.
What is currently the cheapest priced home in Laurel, DE?
The cheapest home for sale in Laurel is priced at $11,270.
Living in Laurel, DE
Laurel, DE, is a quaint town with a rich history and a strong community spirit. It offers easy access to outdoor activities along Broad Creek and has a variety of local amenities. With its small-town charm and convenient location, Laurel is an attractive place for families and individuals alike.
Current Market Conditions in Laurel, DE
The real estate market in Laurel, DE, has shown steady growth over recent months, with an increase in both home sales and new listings. Buyers are attracted to the affordable housing options available, particularly first-time homebuyers looking to settle in a friendly community. The market remains competitive, with many properties experiencing multiple offers, especially those in desirable neighborhoods.
Current trends indicate that Laurel's housing market is gaining popularity among families and retirees alike, thanks to its peaceful atmosphere and proximity to larger urban centers. The demand for homes within Laurel has led to a gradual increase in home values, reflecting the area's desirability.
Home Value Estimator For Laurel, DE
There are currently 4,597 real estate properties
in Laurel, DE,
with a median automated valuation model (AVM) price
of $262,480.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Laurel, DE, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Laurel, DE,
is $277,391.00, with the most expensive house
in Laurel, DE, topping out
at $5,803,332.00 and the cheapest home
in Laurel, DE,
clocking in at $11,270.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Laurel, DE!
Rent Prices
In Laurel, DE
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Laurel, DE, is on
a rollercoaster ride. The
average rent price in Laurel, DE,
is $1,416.00. Indeed, when looking to rent in
Laurel, DE, you can expect to pay as little
as $880.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,460.00. The good news is that finding
an affordable and desirable property to rent in Laurel, DE
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
