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Short Sale Listings in Laurel, MS 39440

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Living in Laurel, MS

Laurel, MS, is a small but vibrant city with a rich history, known for its artistic community, beautiful parks, and a variety of local amenities. It offers a peaceful lifestyle with a strong sense of community, making it an ideal place for families and individuals alike.

Current Market Conditions in Laurel, MS

Laurel's real estate market has shown steady growth over the past years. Many homes are reasonably priced, making it an attractive option for first-time buyers and investors. The market has remained stable, with a good balance between supply and demand, and properties are typically staying on the market for a reasonable period before being sold.

The demand for homes in Laurel has been growing, particularly as more people are drawn to the area for its quality of life and affordability. New developments are on the rise, indicating an optimistic outlook for medium to long-term investment opportunities.

Home Value Estimator For Laurel, MS

There are currently 13,916 real estate properties in Laurel, MS, with a median automated valuation model (AVM) price of $138,700.00. 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, MS, 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, MS, is $165,382.00, with the most expensive house in Laurel, MS, topping out at $3,170,615.00 and the cheapest home in Laurel, MS, clocking in at $11,500.00. In other words, there’s something for every potential homebuyer or savvy investor in Laurel, MS!

Rent Prices In Laurel, MS

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laurel, MS, is on a rollercoaster ride. The average rent price in Laurel, MS, is $1,043.00. Indeed, when looking to rent in Laurel, MS, you can expect to pay as little as $450.00 or as much as $2,120.00, with the average rent median estimated to be $1,000.00. The good news is that finding an affordable and desirable property to rent in Laurel, MS -- 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, MS 39440 Short Sale Listings

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