Laurel, IN Foreclosures
How much do homes sell for in Laurel, IN?
The average home price is currently $259,095.
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 $991.
What is the most expensive home in Laurel?
The most expensive home sold in Laurel had a price of $2,049,000.
What is currently the cheapest priced home in Laurel, IN?
The cheapest home for sale in Laurel is priced at $19,772.
Living in Laurel, IN
Laurel, Indiana is a quaint rural community with a welcoming atmosphere and rich local traditions. With its beautiful natural landscapes and active community life, it offers a perfect blend of serenity and convenience. Residents benefit from a low-cost lifestyle while accessing necessary amenities in neighboring towns.
Current Market Conditions in Laurel, IN
The real estate market in Laurel, IN, has remained stable over the past few months, with an increasing demand for single-family homes as families seek out the charming rural lifestyle. The prices of homes are still affordable compared to urban areas, attracting buyers looking for a quieter environment with reasonable commutes to larger cities.
Recent trends indicate a modest appreciation in home values as interest rates begin to stabilize and more buyers discover the charm of small-town living. Homes that are well-maintained and properly priced are moving quickly, leading to a competitive market, particularly for attractive listings.
Home Value Estimator For Laurel, IN
There are currently 964 real estate properties
in Laurel, IN,
with a median automated valuation model (AVM) price
of $224,814.00. 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 $259,095.00, with the most expensive house
in Laurel, IN, topping out
at $2,049,000.00 and the cheapest home
in Laurel, IN,
clocking in at $19,772.00. 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 $991.00. 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.
Learn more on Foreclosure homes
