There are currently 1,636 real estate properties in Laurel Hill, FL, with a median automated valuation model (AVM) price of $224,302.00. 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 Hill, FL, 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 Hill, FL, is $287,172.00, with the most expensive house in Laurel Hill, FL, topping out at $5,252,100.00 and the cheapest home in Laurel Hill, FL, clocking in at $18,227.00. In other words, there’s something for every potential homebuyer or savvy investor in Laurel Hill, FL!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Laurel Hill, FL, is on a rollercoaster ride. The average rent price in Laurel Hill, FL, is $1,092.00. Indeed, when looking to rent in Laurel Hill, FL, you can expect to pay as little as $450.00 or as much as $3,300.00, with the average rent median estimated to be $1,010.00. The good news is that finding an affordable and desirable property to rent in Laurel Hill, FL -- 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 Hill is located in Okaloosa, Florida, with an estimated municipal population of 627 residents. All of the best foreclosed homes for sale in Laurel Hill are located in the following zip code areas on Foreclosure.com: 32567. The estimated population per square kilometer (.62 miles) in Laurel Hill is 65.
So, about how much do homes cost in Laurel Hill? The most recent median value of resident-owned homes in Laurel Hill is 80,803. An estimated 66.8 percent of households in Laurel Hill own their homes, with an average family size of 3.48. The median household income in Laurel Hill is 40,446, with8.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Laurel Hill, the median commute time of resident workers (in minutes) is 40. And last, but certainly not least, are you looking for homes to rent in Laurel Hill? If so, the average rent price paid by renters in Laurel Hill is 842, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Laurel Hill, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Laurel Hill is 38.4, split between 43.7 percent male versus 56.3 female. The percentage of residents who report being married in Laurel Hill is 41.2, with an average family size of 3.48.
The percentage of residents who report their race in Laurel Hill is as follows:
| White | 73.8% |
| Black / African American | 23.7% |
| Asian | 0% |
| American Indian / Alaskan Native | 0% |
| Native Hawaiian / Other Pacifc Islander | 0% |
| Multi-racial | 2.5% |
| Other | 0% |
Looking for family-friendly neighborhoods in and/or near Laurel Hill? Or maybe you are searching for 55+ active adult communities in and/or near Laurel Hill?
The percentage of residents who report their age in Laurel Hill is as follows:
| Under 10 | 16.8% |
| Aged 10-19 | 14.2% |
| 20s | 8.1% |
| 30s | 14.1% |
| 40s | 14.4% |
| 50s | 11.9% |
| 60s | 9.1% |
| 70s | 6.6% |
| 80+ | 4.7% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Laurel Hill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Laurel Hill.
How do you know that living in -- or moving to -- Laurel Hill is right where you need to be? Perhaps you grew up in Laurel Hill or already live nearby; therefore, the decision to buy a home in Laurel Hill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Laurel Hill for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Laurel Hill:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Laurel Hill.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Laurel Hill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Laurel Hill, meanwhile, can field multiple offers from more qualified buyers.
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