Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access We talked with a few locals about the impact of Home Town on this modest central Mississippi town, population 18,000. According to Cole, rent prices in Mississippi are 37 percent lower than the other 49 states. A lot of outsiders are unaware of this fact, which is quite alright because the last thing we need is a ton of people swarming to our state. It has wide living area which has a good view of the area because of the huge glass doors and windows. Printed Signs Choose A Seat Not A Side & The Order of Events {Wedding Wednesday}, Friday Favourites Fall Walks & Turkey Time . Food, personal necessities, and transportation costs are affordable too. Property is VACANT show anytime. Must see to appreciate. This brick home is on 2 acres and has an inground pool. If you are looking for a good, affordable home to turn into your dream home, then look no further. Want to get the financing process started? Is Jackson Mississippi a good place to invest? Wide for plenty of privacy. After all, the small Southern city is where Home Town is filmed, and the Napiers are the stars of the HGTV show. 46 Acres of Rolling Pastureland. This is your guide to discovering Laurel, Mississippi, the official filming location for Home Town on HGTV, starring Laurel's own Erin and Ben Napier. The Roof is 3 years old. See photos and more. Shes also had the honor of interviewing actress Sela Ward for The Mississippi Arts and Entertainment Experience. This map is refreshed with the newest listings in Laurel every 15 minutes. Laurel MS Handyman Special Homes for Sale Are Easy to Find. Its a state that relishes higher education with top-tier schools like the University of Mississippi and Mississippi State University. This HGTV 'Home Town' house is on the market - Today To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. A separate heated and cooled shop with an attached room for entertaining. Call for your appointment today and more information. Best Places to Live in Laurel, Mississippi No matter how seriously you want to buy a housefrom just browsing online to hitting open houses every weekendits pretty evident that home prices have skyrocketed lately. of HUD. You'll receive your first newsletter soon! Plan ahead, plan when you think youre going to buy a home. Our real estate reporters and editors focus on educating consumers about this life-changing transaction and how to navigate the complex and ever-changing housing market. process and giving people confidence in which actions to take next. As Ben said in one of the shows original trailers, we just want to give all the old houses some love, with Erin reiterating, Were saving this town, because its worth it.. $3.59According to the USDA, the average gallon of whole milk is $3.59 a gallon.Average Price Of Milk In Every State. If you're looking to sell your home in the Laurel area, our listing agents can help you get the best price. From 1968 (when new housing starts records began) through 2008, builders completed an average of 1.53 million houses every year, according to U.S. Census Bureau data. All in all were short now about 3 million homes, Cororaton said. I will work endlessly to ensure that you get the home that. And, Cororaton said, you need to make sure youre saving up to cover your closing costs and other moving-related expenses, too. Property owned by US Dept. For starters, mortgage rates remain relatively low compared to historical trends. Love Mississippi? Thank you for signing up to Realhomes. Our editors and reporters thoroughly fact-check editorial content to ensure the information youre reading is accurate. This browser is no longer supported. Completely remolded and ready to move in. Affordable mobile home features 3 beds, 2 baths, and sits on over 1 acres of land. Bankrate.com is an independent, advertising-supported publisher and comparison service. ever so perfectly; you'll find an entry foyer, new LVP flooring throughout the main living areas and primary bedroom, tiled floors in wet areas such as the . That was my first introduction to Laurel, and then I started looking at homes, she says. Located on 6th Avenue, you'll be right in the middle of the historic district and close to downtown! Since then, an average of only 936,000 new homes have been completed every year from 2009 through 202139% less per year since the last financial crisis. Lumber prices increased more than 150%, for example. At Bankrate we strive to help you make smarter financial decisions. He previously worked on the Business desk at The New York Times where he won a Loeb Award for breaking news, and covered aviation for The Points Guy. 10 foot ceilings in formal dining, den, and kitchen! She had lived and worked in Arizona for the past 20 years, raised her kids there, and started a new career in house flipping. Case # 281-470305. She and her husband, Jay Stein, appeared on Season 4 of the show. Cost of Living in Laurel, Mississippi - Best Places Kitchen has an island and is open to den. Thomas Edisons apprentice, William H. Mason, was brought in to turn Laurels wood pulp into the international engineered wood company now known as Masonite. Well, it's a sign of the times. Most homes for sale in Laurel stay on the market for 128 days. Seller makes no representations or warranties as to property condition. Here is our travelers' best-rated budget-friendly hotel: Econo Lodge Laurel. Laurel, MS Real Estate & Homes For Sale Sort: New Listings 104 homes NEW - 2 MIN AGO 0.42 ACRES $474,900 4bd 3ba 3,586 sqft (on 0.42 acres) 703 N 6th Ave, Laurel, MS 39440 NEW - 16 HRS AGO 0.49 ACRES $135,000 3bd 2ba 1,465 sqft (on 0.49 acres) 10 Sunset Road Ext, Laurel, MS 39440 NEW - 21 HRS AGO 0.39 ACRES $159,000 5bd 2ba 1206 N 1st Ave, so you can trust that were putting your interests first. Do not sell or share my personal information. The weekly show serves as an hour-long ad for the charming city. Property has main house and apartment in the rear that can both be rented out. That demand has been as much as 90% higher than pre-pandemic levels over the past two years, a phenomenon thats not helping the supply shortage. The amazing-ness of Mississippi is definitely not lost on us locals. Cheap Homes for Sale in Laurel, MS 34 Homes under $150,000 Available Tile Sort by 20 13 Iris Lane, Laurel, MS 39443 2 Beds 1 Bath 728 Sqft Residential $120,000 USD View Details 36 4316 Hwy 15 N, Laurel, MS 39440 3 Beds 2 Baths 1,582 Sqft Residential $138,000 USD View Details 26 3012 N 7th Ave, Laurel, MS 39440 3 Beds 2 Baths 1,428 Sqft Residential The National Association of Home Builders estimates that new homes are being constructed at a rate of 1.42 million per year, which Gay Cororaton, senior economist and the director of housing and commercial research at the National Association of Realtors (NAR), said is not sufficient to address the current shortage. 1 acre of prime real estate with over 353ft of HWY 84 road frontage. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Laurel cost of living is 72.0 100=National Average AVERAGE RENT BY BEDROOM SIZE See what this Laurel, MS. house from HGTV's Home Town looks like today (and make it yours for under $200,000). REO Occupied - the seller does not represent or guarantee occupancy status. Copyright: 2023 Redfin. With Newest Listings - Homes for Sale in Laurel, MS Find your dream home in Laurel using the tools above. Tour Cheap Homes & make offers with the help of local Redfin real estate agents. Zach Wichter is a former mortgage reporter at Bankrate. As a result, the cost of a home is darn cheap here. The charming town of Laurel, Mississippi came to prominence as the yellow pine capital but most recently has appeared on the hit HGTV show Home Town, which premiered in 2016. Here in Mississippi, we like our tea cold and sweet. North Sydney The inventory of homes for sale in January 2021 fell nearly 26 percent compared with January 2020, the National Association of Realtors reports. Additionally, the housing market in Laurel is not as competitive as it is in other parts of the country. Bringing positive attention to their hometown was a major factor in the couple's decision to star in the show, currently airing its second season. 3br 1.5 ba brick home with office convenient to downtown Laurel. You will receive a verification email shortly. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Rachel, located in Washington, DC, has more than a decade of experience covering financial news at outlets including American Banker, The Wall Street Journal and Bankrate. What is the average cost of housing in Mississippi? Bankrate follows a strict editorial policy, so you can trust that were putting your interests first. Laurel is home to approximately 18,420 people and 16,432 jobs. Mississippi is 12.6% cheaper than Florida. Deed Restrictions No mobile homes. Built in 1910, it's listed on the Mississippi Historical Registry and was owned by William Carroll Gartin, Laurel's mayor in the 1960s and a three-term lieutenant governor of Mississippi. Disclaimer: School attendance zone boundaries are supplied by Pitney Bowes and are subject to change. But after a few years of serious overbuilding in the early 2000s, the bubble burst and the financial crisis hit. When youre ready to buy your home, have realistic expectations, Cororaton said. Thanks & Welcome to the Forbes Advisor Community! Metro Area: Laurel Metro Area. Houses for Rent In Laurel, MS - Rentals Available | Zumper A new wave of Southern entrepreneurs has reversed the tide over the past decade or so. Why Are House Prices Going Up So Much? | Bankrate Also drawn in by the show, Jill Mangone-Russo up and moved to Laurel a year ago. Laurel MS Luxury Homes For Sale - 107 Homes | Zillow Ready for your cows or horses. Get with your realtor today to schedule a tour. The median necessary living wage across the entire US is $67,690. Meanwhile, housing supply remains tight: the number of homes for sale on a given day in February is 24.5% lower than last year. It has wide living area which has a good view of the area because of the huge glass doors and windows, Brick home on a slab located in NE Jones County. Why are mortgage rates moving around so dramatically? Erin and Ben Napier have showcased their love for their small town of Laurel, Mississippi, for HGTVs Home Town since 2016, finding historical homes and redecorating them with modern and affordable updates. The Incredible Comeback Of Laurel, Mississippi - Southern Living As the house stands currently, it hosts a great deal of space, including an open kitchen, two living rooms, and a formal dining room. The house had to be completely renovated.. Todays real estate market is stacked against buyers to a certain extent. Please see our. Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. Mississippi paved the way for the rest of the nation with major medical advancements, such as the first human lung transplant, the first heart transplant, and first kidney autotransplant. Get more stories delivered right to your email. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Property is being sold as is, and it is priced to sell! Thats 80,000 homes during the three-month period, added to more than 200,000 homes many researchers believe were bought by private-equity real estate companies during the post-financial crisis period. Rear covered patio as w, Houses in the price range are hard to come by and this one is super cute. Imagine the possibilities here. A small storage building is included, this home sits on 1 acre lot. Deed Restrictions. It's filled with large mature hardwoods and plenty of room to build the home of your dreams. One reason is that the cost of living is relatively low in the area. Upon entering, interested parties will find updated hardwood floors spanning throughout the 2,436 square feet and thats just accounting for the home size! This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. From the friendly people to the mouthwatering food, we are fully aware of what a gem of a state Mississippi is. This stunning property has a custom designed mobile home with 9 ft. ceilings, rustic finished cabinets, and HVAC venting in the ceiling instead of the floor leaving clean lines throughout the luxury viny plank flooring. Buyer will be responsible for obtaining possession of the property upon closing. Mississippi Demographics White: 58.41% Black or African American: 37.72% Two or more races: 1.35% Other race: 1.03%. The reasons for this arent entirely clear, but homeowners wanting to hold onto super-cheap mortgage rates and a reluctance to let buyers view the house during the pandemic are issues. As the Hospitality State, we'll always be friendly towards visitors, but that doesn't mean we want them to start calling Mississippi home. Since then, an average of only 936,000 new homes have been completed every year from 2009 through 202139% less per year since the last financial crisis. Florida Agricultural And Mechanical University, Indiana University Purdue University Indianapolis, Massachusetts Institute Of Technology (Mit), Missouri University Of Science And Technology, State University Of New York Health Science Center At Brooklyn, Suny College Of Environmental Science And Forestry, The University Of North Carolina At Charlotte, The University Of Texas Health Science Center At Houston, The University Of Texas Health Science Center At San Antonio, The University Of Texas M. D. Anderson Cancer Center, The University Of Texas Medical Branch At Galveston, The University Of Texas Rio Grande Valley, Uniformed Services University Of The Health Sciences, University At Buffalo Suny School Of Engineering And Applied Sciences, University Of California, Los Angeles (Ucla), University Of Illinois At Urbana Champaign, University Of Maryland Baltimore County (Umbc), University Of Massachusetts Medical School Worcester, University Of Tennessee Health Science Center, University Of Texas Southwestern Medical Center. Manufacturing related to the timber trade popped up. Come see for yourself the amenities and serenity this property has to offer. No problem. Searching cheap houses for sale in Laurel, MS has never been easier on PropertyShark! Mobile homes are not allowed. There is a tenant renting space for an RV at $200/mo This is a very well maintained property with room for expansion & much more income potential. Why Are Mississippi Houses So Cheap? - CLJ 1642 Old Bay Springs Rd, Laurel, MS 39440, 3368 Ellisville Blvd, Ellisville, MS 39437, Buy the right home at the right price near. Just tell em the Napiers sent you. But by the 1990s the lumber trade was long gone and the downtown was abandoned. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. State: Mississippi. If you wish to report an issue or seek an accommodation, please let us know. Nice 3br 2ba 1248 sq ft home in the city of Laurel. Subject to appraisal. If youd like to follow Mangone-Russos trail, there are still some excellent options for sale in the area. You can also work with a mortgage broker to help you cast a wide net for mortgage offerings and get you started on the application process. Seller will pay up to 3% in buyer closing costs. According to Cole, rent prices in Mississippi are 37 percent lower than the other 49 states. Home For Rent Details . Your financial situation is unique and the products and services we review may not be right for your circumstances. Future Publishing Australia ABN: 96 734 906 323 | PO Box 1077, Mount St, Snow is a rare sight in Mississippi, but thats okay. Any available home is like a piece of gold sitting on a piece of dirt, she says. Earlier this Spring, when I was sharing the photos from our Honeymoon Road Trip, I posted about this great town we stopped in to see - Laurel, Mississippi.Since then my inbox has been filled with comments and emails from people all over the US who either have a connection to Laurel or just love it as much as Garrett and I do. COME TAKE A LOOK! IN ADDITION TO THE SATISFACTION OF RESTORING Its ORIGINAL LUSTER, YOU'LL HAVE THE JOY OF LIVING CLOSE TO SHOPS, GROCERY STORES, CHURCHES, AND SCHOOLS. Meanwhile, theres just a 1.9-month supply of homes on the market. Houses for Rent in Laurel, MS. $1,095 24 % below avg price. Bankrates editorial team writes on behalf of YOU the reader. A few years later, their work began to receive notice. Meaning, the housing market supply never . CONTACT INFO(601) 428-82185185 US-84, Laurel, MS 39443. who ensure everything we publish is objective, accurate and trustworthy. This split-level three-bedroom, two-bath home was listed by Red Fox Realty listing agent Courtney Edwards in October 2020, and has so many charming aspects that will make it a perfect place for a new family to rest their heads. TREC:Info About Brokerage Services,Consumer Protection Notice. This means that people can afford to buy a house for less than they would in a more expensive area. She is also a strong advocate for equal opportunity, and she works tirelessly to ensure that all students have access to quality education regardless of their socioeconomic status or race. In a state known for its friendly residents, you can expect to engage in some small talk just about anywhere you goand its great. If something does come available [in the downtown], we have a lot of people scramble and get it, explains Carter, whos had potential clients call from as far away as California, Virginia, and Minnesota. A cost of living index above 100 means Laurel, Mississippi is more expensive. Which certificate of deposit account is best? Save your filters to get instant new home alerts. Please refresh the page and try again. Laurel, MS Single Family Homes for Sale | realtor.com Right now, about 150 homes are on the market in Laurelbut bargain hunters should be aware that Home Town has already had an effect on the housing stock. Apartments for Rent in Laurel MS - 46 Rentals | Apartments.com HGTV's 'Home Town' Has . this post may contain references to products from our partners. Being sold ''as is / where i. The pandemic further exacerbated the situation as home building materials became harder to get and more costly. Beautiful 1.8 acre corner lot right outside of the Laurel city limits, featuring a brick cottage style home with updated features! Antonia is a gifted educator, and she is widely respected within the education community. COME TAKE A LOOK FOR YOURSELF. Visit our corporate site. Laurel became a thriving cultural and industrial hub and boasts the states oldest art museum, the Lauren Rogers Museum of Art. Make an offer. Its amazing more of us dont suffer a heat stroke. 522 N 6th Avenue. The inventory of homes for sale in January 2021 fell nearly 26 percent compared with January 2020, the National Association of Realtors reports. When I first moved here 15 years ago, I was aghast that they were selling these historical homes for just nothing, real estate agent Nedra Carter says. walking distance to the grocery store, medical clinic, pharmacy, and bank. 15 Reasons Why You Should Never, Ever Move To Mississippi - OnlyInYourState Information is deemed to be reliable but not guaranteed. Then, in the last decade or so, a grassroots movement began. We work with a verified list of insurance agencies that offer comprehensive and diverse plans. Laurel, MS Homes For Sale & Laurel, MS Real Estate | Trulia Nice 3br 1ba home near the Historical District. Located in West Jones School District. We are an independent, advertising-supported comparison service. Log in. This home includes 2 bedroom & 1 bath with carport area. Fill out our brief pre-qualification form and let our experts review your situation so we can better serve you! Theres just really a sense of taking care of each other.. Visit realtor.com and browse house photos . Perfect family home. Our selection of cheap hotels makes Laurel popular among budget-conscious visitors looking for a vacation to remember. 2023 Forbes Media LLC. Very large covered back porch. If you're looking to sell your home in the Laurel area, our listing agents can help you get the best price. SEE DOCUMENTS FOR REPORTS. Laurel has a host of positive attributes for prospective buyers. There are currently 29 cheap homes for sale in Laurel at a median listing price of $292K. Bathrooms: 2. 2923 N 7th Ave unit WeBuyHousesSwift.com, Laurel, MS 39440. Low mortgage rates mean the average buyer can afford a larger loan, which is further driving prices up, and limited supply is increasing competition. Mississippi is the poorest U.S. state. Power and water are available. . Seller makes no representations or warranties as to property condition. We value your trust. Okay, you have to admit, hes kind of cute. "I. Drive by, take a look, give me a call today. 1.51 acre lot with a great house site. Early efforts at urban renewal and a pedestrian mall had failed miserably, according to Tucker. Where are home prices dropping the fastest? What Was The Original Name For Mississippi State University. Drawn to the area because of the show, she and her husband now own a historic Craftsman beautifully restored by the Napiers. OnlyInYourState may earn compensation through affiliate links in this article. They like the hometown feeling theyre seeing on the show.. You got this resurgence of can-do people who decided to come back here. Phillips is the dean of Honors College and professor of agricultural economics at Purdue University. It is designed to be a starting point to help parents make baseline comparisons, not the only factor in selecting the right school for your family. Cheap Houses for Sale in Laurel, MS | Point2 We work with over a dozen industry-leading mortgage companies and bank lenders that specialize in all types of manufactured home loans, such as chattel (home only), land + home (FHA, VA, USDA).