Laurel, MT Foreclosures
How much do homes sell for in Laurel, MT?
The average home price is currently $405,471.
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 delightful city known for its close-knit community and breathtaking natural surroundings. Just a short drive from Billings, Laurel provides a blend of small-town charm and convenient access to urban amenities. The city boasts parks, recreational options, and a commitment to education, making it an ideal place for families and outdoor enthusiasts.
Current Market Conditions in Laurel, MT
Laurel's real estate market is relatively stable, with a mix of single-family homes, townhouses, and condos available. As of late 2023, home prices have shown a slight increase, reflecting a growing demand for housing in the area, driven by its appealing location and quality of life.
The market is competitive, with homes typically selling within a relatively short time frame. Potential buyers are encouraged to act quickly, as inventory levels are low compared to demand. The allure of affordable housing and a desirable community atmosphere continues to attract interest from both local and out-of-state buyers.
Home Value Estimator For Laurel, MT
There are currently 4,586 real estate properties
in Laurel, MT,
with a median automated valuation model (AVM) price
of $337,500.00. 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 $405,471.00, 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.
Learn more on Foreclosure homes
