Laurel, IN Foreclosures
How much do homes sell for in Laurel, IN?
The average home price is currently $262,817.
In Laurel, IN, how many homes are available?
There are currently 1 active home listings available in Laurel.
What’s the average rental cost in Laurel, IN?
The average rental price in Laurel is $989.
What is the most expensive home in Laurel?
The most expensive home sold in Laurel had a price of $2,058,800.
What is currently the cheapest priced home in Laurel, IN?
The cheapest home for sale in Laurel is priced at $19,613.
Living in Laurel, IN
Laurel is a small town in Indiana known for its close-knit community and scenic rural views. It offers a quiet lifestyle with a blend of charming historical buildings and modern conveniences. Residents enjoy easy access to outdoor activities and a friendly atmosphere making it an ideal place for families and retirees.
Current Market Conditions in Laurel, IN
The real estate market in Laurel, IN has shown a steady growth trend over the past year, reflecting the overall stability in rural Indiana. Home prices have been gradually rising, primarily driven by demand for affordable living in picturesque settings. The small-town charm, combined with a tight-knit community feel, continues to draw interest from prospective buyers looking to relocate from more urban areas.
Inventory levels have remained moderate, with a good mix of homes for first-time buyers and those looking for larger family homes, which has helped maintain a balanced market. Activity is also supported by low mortgage rates, encouraging buyers to consider Laurel as a viable option for homeownership.
Home Value Estimator For Laurel, IN
There are currently 1,104 real estate properties
in Laurel, IN,
with a median automated valuation model (AVM) price
of $222,608.00. 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, IN, 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, IN,
is $262,817.00, with the most expensive house
in Laurel, IN, topping out
at $2,058,800.00 and the cheapest home
in Laurel, IN,
clocking in at $19,613.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Laurel, IN!
Rent Prices
In Laurel, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Laurel, IN, is on
a rollercoaster ride. The
average rent price in Laurel, IN,
is $989.00. Indeed, when looking to rent in
Laurel, IN, you can expect to pay as little
as $500.00 or as much
as $1,900.00,
with the average rent median estimated to
be $970.00. The good news is that finding
an affordable and desirable property to rent in Laurel, IN
-- 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.
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