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Foreclosures in Laurel, MT

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Laurel, MT Foreclosures

How much do homes sell for in Laurel, MT?
The average home price is currently $406,360.
In Laurel, MT, how many homes are available?
There are currently 1 active home listings available in Laurel.
What’s the average rental cost in Laurel, MT?
The average rental price in Laurel is $1,464.
What is the most expensive home in Laurel?
The most expensive home sold in Laurel had a price of $6,424,016.
What is currently the cheapest priced home in Laurel, MT?
The cheapest home for sale in Laurel is priced at $17,764.

Living in Laurel, MT

Laurel, Montana, is a charming small town situated to the west of Billings. Known for its tight-knit community and friendly atmosphere, it offers various recreational activities, local parks, and a downtown area filled with unique shops and restaurants. The town boasts excellent educational facilities and access to outdoor adventures in the nearby Yellowstone River.

Current Market Conditions in Laurel, MT

The real estate market in Laurel is experiencing a steady demand, driven by its appealing small-town atmosphere and convenient location near Billings. Home prices have shown a modest increase over the past few months, as buyers are drawn to the affordability and quality of life that Laurel offers. There are limited inventory levels, which have resulted in homes selling more quickly, often above the listing price, particularly in desirable neighborhoods.

Currently, the market shows signs of a balanced environment with demand slightly outpacing supply. First-time homebuyers and families looking for a more permanent residence are finding opportunities amidst the growing interest in the area. Investors are also taking notice due to the potential for rental opportunities given the locality's proximity to Billings.

Home Value Estimator For Laurel, MT

There are currently 4,606 real estate properties in Laurel, MT, with a median automated valuation model (AVM) price of $336,738.00. 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, MT, 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, MT, is $406,360.00, with the most expensive house in Laurel, MT, topping out at $6,424,016.00 and the cheapest home in Laurel, MT, clocking in at $17,764.00. In other words, there’s something for every potential homebuyer or savvy investor in Laurel, MT!

Rent Prices In Laurel, MT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laurel, MT, is on a rollercoaster ride. The average rent price in Laurel, MT, is $1,464.00. Indeed, when looking to rent in Laurel, MT, you can expect to pay as little as $500.00 or as much as $2,320.00, with the average rent median estimated to be $1,430.00. The good news is that finding an affordable and desirable property to rent in Laurel, MT -- 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, MT Foreclosures


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