Laurel Park, NC Foreclosures
How much do homes sell for in Laurel Park, NC?
The average home price is currently $429,568.
What’s the average rental cost in Laurel Park, NC?
The average rental price in Laurel Park is $1,318.
What is the most expensive home in Laurel Park?
The most expensive home sold in Laurel Park had a price of $4,271,622.
What is currently the cheapest priced home in Laurel Park, NC?
The cheapest home for sale in Laurel Park is priced at $26,762.
Living in Laurel Park, NC
Laurel Park, NC is a charming residential area known for its beautiful natural landscape and family-friendly atmosphere. Residents enjoy easy access to outdoor activities, including hiking and nature walks, as well as community events throughout the year. The close-knit community offers a peaceful retreat while being conveniently located near larger towns for shopping and dining.
Current Market Conditions in Laurel Park, NC
The real estate market in Laurel Park shows a healthy growth trend, with an increasing interest from both homebuyers and investors. The charm of the area, coupled with its scenic beauty and outdoor lifestyle, has kept the demand strong, resulting in competitive home prices. As more individuals seek a quieter lifestyle away from bustling cities, Laurel Park's market is expected to continue flourishing, attracting buyers looking for both primary homes and vacation properties.
Recently, the market has seen a rise in home values, primarily due to low inventory and high demand. Listings typically receive multiple offers, and homes are selling quickly, often above the asking price. The community's appeal as a serene getaway with convenient access to urban amenities contributes to its ongoing market strength.
Home Value Estimator For Laurel Park, NC
There are currently 432 real estate properties
in Laurel Park, NC,
with a median automated valuation model (AVM) price
of $382,336.00. 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 Park, NC, 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 Park, NC,
is $429,568.00, with the most expensive house
in Laurel Park, NC, topping out
at $4,271,622.00 and the cheapest home
in Laurel Park, NC,
clocking in at $26,762.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Laurel Park, NC!
Rent Prices
In Laurel Park, NC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Laurel Park, NC, is on
a rollercoaster ride. The
average rent price in Laurel Park, NC,
is $1,318.00. Indeed, when looking to rent in
Laurel Park, NC, you can expect to pay as little
as $740.00 or as much
as $2,680.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Laurel Park, NC
-- 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
