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Preforeclosure Homes in Laurel, MD

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Living in Laurel, MD

Laurel, MD is a well-connected suburban community located between Washington D.C. and Baltimore. With its rich history, diverse population, and access to excellent schools, it serves as an attractive city for families and professionals alike. The vibrant downtown area offers numerous amenities and outdoor recreational opportunities, enhancing the daily lifestyle of its residents.

Current Market Conditions in Laurel, MD

The real estate market in Laurel, MD is currently experiencing steady growth, driven by its desirable location and affordable housing options compared to neighboring areas. Recent data indicates a positive trend for home values, making it a smart investment opportunity for potential buyers.

As urban sprawl continues, more homebuyers are seeking out suburban neighborhoods like Laurel for their affordability and community-oriented living. This demand has led to a competitive market, with homes often receiving multiple offers shortly after listing.

Home Value Estimator For Laurel, MD

There are currently 31,987 real estate properties in Laurel, MD, with a median automated valuation model (AVM) price of $468,392.00. 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, MD, 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, MD, is $570,131.00, with the most expensive house in Laurel, MD, topping out at $192,335,976.00 and the cheapest home in Laurel, MD, clocking in at $26,923.00. In other words, there’s something for every potential homebuyer or savvy investor in Laurel, MD!

Rent Prices In Laurel, MD

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laurel, MD, is on a rollercoaster ride. The average rent price in Laurel, MD, is $2,124.00. Indeed, when looking to rent in Laurel, MD, you can expect to pay as little as $940.00 or as much as $5,200.00, with the average rent median estimated to be $2,060.00. The good news is that finding an affordable and desirable property to rent in Laurel, MD -- 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.

Laurel, MD Preforeclosure Homes


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