Laurel, IA Foreclosures
Current Market Conditions in in Laurel, IA As of February 2026?
Over the past month, the Laurel real estate market has experienced a modest uptick in activity, with several homes receiving multiple offers shortly after listing. This surge may indicate a growing interest from buyers who seek affordable yet quality housing options. Inventory remains limited, encouraging quicker sales and slightly pushing home prices upwards.
How much do homes sell for in Laurel, IA?
The average home price is currently $199,445.
In Laurel, IA, how many homes are available?
There are currently 9 active home listings available in Laurel.
What’s the average rental cost in Laurel, IA?
The average rental price in Laurel is $1,176.
What is the most expensive home in Laurel?
The most expensive home sold in Laurel had a price of $684,707.
What is currently the cheapest priced home in Laurel, IA?
The cheapest home for sale in Laurel is priced at $11,809.
Living in Laurel, IA
Laurel, Iowa is a quaint community perfect for those seeking a peaceful rural lifestyle. It features charming local amenities and parks that are ideal for families and outdoor enthusiasts. The town's friendly atmosphere combined with its close proximity to larger cities makes it an attractive option for homebuyers.
Buyer vs Seller Market in Laurel, IA
The real estate market in Laurel has shown stable conditions over the past few years, primarily due to its affordability and appeal to families and retirees. Recently, more buyers are discovering the benefits of living in small towns like Laurel, resulting in a slight increase in home prices and demand.
The demand for homes in Laurel has begun to rise notably, as many individuals are moving away from urban centers seeking more spacious properties and lower prices. This trend continues to create a competitive market for potential buyers, particularly in desirable neighborhoods.
Home Value Estimator For Laurel, IA
There are currently 357 real estate properties
in Laurel, IA,
with a median automated valuation model (AVM) price
of $157,224.00. 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, IA, 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, IA,
is $199,445.00, with the most expensive house
in Laurel, IA, topping out
at $684,707.00 and the cheapest home
in Laurel, IA,
clocking in at $11,809.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Laurel, IA!
Rent Prices
In Laurel, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Laurel, IA, is on
a rollercoaster ride. The
average rent price in Laurel, IA,
is $1,176.00. Indeed, when looking to rent in
Laurel, IA, you can expect to pay as little
as $830.00 or as much
as $1,720.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Laurel, IA
-- 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.