How much should you contribute to your 401(k)? Are you ready to say #iliveinlaurel? Buy a home in Laurel, MS! Our editorial team does not receive direct compensation from our advertisers. 4 BEDROOMS, 2 BATHS ON 1.22 ACRES! Still could be used as a church but is zoned R-2 and could be used as single family residence or apartm, Move-in ready 4BR 2BA home just north of downtown Laurel! A few years later, their work began to receive notice. HGTV spotted the photos and contacted the couple in 2014 to see if theyd consider performing another renovationthis time for TV. Another driver has been the Covid-19 pandemic: people left tightly-packed cities for less-costly housing in suburban areas, or got tired of sharing small living spaces when their home also became their workspace during quarantine. Here in Mississippi, coming across animals on the road is almost as common as coming across other motorists. Property owned by US Dept. City: Laurel. Lot Size: 150X140 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. Receive up to $500 dollar cash when you refer a buyer to Regional Homes of Laurel. Well, it's a sign of the times. Compared with all other states, Mississippi has the second lowest overall cost of living. Seller makes no representations or warranties as to property condition. Your go-to source for affordable new, used, and repo mobile homes-priced to fit any budget. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities. The typical tenure is about 10 years. New flooring. In 2021, economists at mortgage guarantor Freddie Mac estimated that the U.S. is short 3.8 million homes. Get with your realtor today to schedule a tour. #iliveinlaurel, A post shared by Erin Napier (@erinapier) on Jan 24, 2018 at 5:50pm PST. She had lived and worked in Arizona for the past 20 years, raised her kids there, and started a new career in house flipping. Also drawn in by the show, Jill Mangone-Russo up and moved to Laurel a year ago. Do you have interest in one of our homes? When youre ready to buy your home, have realistic expectations, Cororaton said. Our top-rated real estate agents in Laurel are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Laurel. So, the next time you hear someone talking about wanting to move to Mississippi, politely remind them of these 15 reasons they definitely would not like living in the Magnolia State. Information is deemed to be reliable but not guaranteed. After graduating from the University of Southern Mississippi, Daniella began to hone her writing skills through various internships, working for The Royal Obsession and Anatomie clothing. With 3 bedrooms, 1 bath, and ample living spaces, this home offers plenty of space for everyone. Is Mississippi a good place to buy real estate? It just means we appreciate it that much more when we do get it. Before the shows success, we havent had a traditional attraction for tourism. Gulfport houses stay in the market around 102 days. And, Cororaton said, you need to make sure youre saving up to cover your closing costs and other moving-related expenses, too. Meanwhile, there's just a 1.9-month supply of . The state is responsible for a number of medical firsts. This home features 3 bedrooms and 1 bath, ATTENTION Quick, act fast, before it's too late. Meanwhile, theres just a 1.9-month supply of homes on the market. Completely remolded and ready to move in. Nestled in the Country Club Hills, it features a deep bac, Use your imagination to make this brick building yours! Get access to our lists of government . Cost of Living: -28.0% lower. 1642 Old Bay Springs Rd, Laurel, MS 39440, 3368 Ellisville Blvd, Ellisville, MS 39437, Buy the right home at the right price near. What Was The Original Name For Mississippi State University. Theres always been some special things about Laurel, says Phillips, who grew up nearby. 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. Fans of HGTV's "Home Town" may recognize this charming two-bedroom, two-bathroom cottage in Laurel, Mississippi, that was featured in season 2 of the series. In Love With Laurel? HGTV's 'Home Town' Has Huge Impact in Small Town With the ultimate small-town vibe, the show makes us feel like we, too, live in Laurel. This home comes with good size bedrooms, a large spacious living area, a dinin, A DIAMOND IN THE ROUGH!! Make sure youre fully prequalified and get your credit score as strong as you can make it. This lot, Lot 5 (3.17 acres), can be accessed by way of lot 1's road via an easement. who ensure everything we publish is objective, accurate and trustworthy. Antonia Leonard is an education expert who has dedicated her life to helping students achieve their academic goals. Its a basic supply and demand problem. With the shows fifth season recent premiere on Jan. 3, the couple are still inspiring viewers to have more love and excitement for small town America. Mississippi's #1 retailer 10 years in a row. Almost everything is new, wiring, HVAC, paint some flooring and more. How To Find The Cheapest Travel Insurance, Freddie Mac estimated that the U.S. is short 3.8 million homes, occupancy rates in senior-living facilities, bought by private-equity real estate companies. The offers that appear on this site are from companies that compensate us. While the town itself has a smaller population than some neighborhoods in larger cities, it also offers new residents and visitors thought-provoking art exhibitions at the Lauren Rogers Museum of Art, a yearly springtime Day in the Park festival and 5K Run, and exciting finds at Southern Antiques. Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. As a result, homebuyers are unlikely to get relief from rising prices anytime soon. There are currently 29 cheap homes for sale in Laurel at a median listing price of $292K. 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. In the past month, 1 home has been sold in Laurel. $178,900. Wide for plenty of privacy. Buildable lot in Laurel not far from the highly desired downtown area. 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. Mississippis median household income is $45,792, the lowest in the country, with a livable wage of $46,000. 7 Home Town Places to See in Laurel MS - This Is My South Specifically, the state's low cost of housing. Plan ahead, plan when you think youre going to buy a home. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. 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. WEICHERT REALTORS - INNOVATIONS $5,995 -- bds -- ba -- sqft - House for sale 329 days on Zillow W 27th St, Laurel, MS 39440 TOM SMITH LAND & HOMES $12,000 -- bds -- ba -- sqft - New construction 157 days on Zillow 2 Larkmeade, Laurel, MS 39440 EXIT SOUTHERN REALTY $40,000 -- bds -- ba -- sqft - House for sale 396 days on Zillow Located in West Jones School District. Laurel MS Single Family Homes For Sale - 63 Homes | Zillow The interior has an open plan and tall ceilings throughout. Additionally, the Napiers added a pergola-style outdoor area, window boxes, and general upkeep to the homes exterior. 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. In the years since, shes had the privilege of having her articles appear in several publications, such as Parents & Kids Magazine and Girl Meets Strong. The High Crime Rate In Laurel Mississippi Along with a commitment to provide our customers the lowest prices and a wide range of housing options, we know it really comes down to trust, care, and dependability above all else.We're America's #1 Independent Manufactured Housing Retailer for a reason. Cost of living in Jackson is 4% below the national average. Nice back covered patio for grilling or just being outside, New roof. Save for a down payment.. 515 W 14th St, Laurel, MS 39440. Here in Mississippi, we like our tea cold and sweet. This browser is no longer supported. Visit realtor.com and browse house photos . Thank you! During that period, homebuilders constructed enough homes to keep supply and demand relatively balanced. walking distance to the grocery store, medical clinic, pharmacy, and bank. Buying a home is a major investment, it doesnt happen overnight, Cororaton said. Price: $187,000 Newer brick home in the Glade community. How many times have you been stuck behind a tractor? Case # 281-423799. Many construction workers left the industry. Both homes have 2 bedrooms and 1 bath and are move in ready. 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. Its our job to ensure you receive the lowest rates and best experience. According to Cole, rent prices in Mississippi are 37 percent lower than the other 49 states. You'll receive your first newsletter soon! Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. Hotels.com has 2 cheap Laurel hotels, the right one is waiting for you! Great location just a few minutes from wonderful downtown Laurel. Seller will pay up to 3% in buyer closing costs. Private viewings can be scheduled via phone or email with Red Fox Realty. REO Occupied - the seller does not represent or guarantee occupancy status. 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 . The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. We'd love to hear from you, please enter your comments. As the Hospitality State, we'll always be friendly towards visitors, but that doesn't mean we want them to start calling Mississippi home. It sits only three minutes from downtown, on a quiet residential culdesac. OnlyInYourState may earn compensation through affiliate links in this article. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. From deer to alligators, theres no telling whats waiting outside your front door. The final reason why houses are so cheap in Mississippi is the low median household income - which might sound like a negative, but it directly affects the cost of goods and services, including housing. She added that it now may be more important than ever to think about starter homes with a plan to move later. Until youve experienced it, you just wont understand. An amount below 100 means Laurel is cheaper than the US average. Laurel is home to approximately 18,420 people and 16,432 jobs. Located just outside of Laurel in the Wes, Priced to sell quickly, this 3 bedroom, two bath home has a large living area with a separate kitchen. A separate heated and cooled shop with an attached room for entertaining. State: Mississippi. Buyers should brace themselves for tight supply, Cororaton said. . The Gaineses HGTV show became so wildly successful, theyre now ready to launch their own television network. Food, personal necessities, and transportation costs are affordable too. By providing my email I agree to receive Forbes Advisor promotions, offers and additional Forbes Marketplace services. 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. 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. Find your dream home in Laurel using the tools above. Property owned by US Dept. According to Erin's Instagram story, the Hurts are being transferred back to Virginia for work. Rent Trends As of February 2023, the average apartment rent in Laurel, MS is $391 for a studio, $724 for one bedroom, $856 for two bedrooms, and $946 for three bedrooms. Explore the homes with Newest Listings that are currently for sale in Laurel, MS, where the average value of homes with Newest Listings is $149,500. NO VIEWINGS of this property. Searching cheap houses for sale in Laurel, MS has never been easier on PropertyShark! This beautiful historic home was built in 1870 and has been very well taken care of. She has worked in schools all over the world, and has developed groundbreaking curricula that have helped countless students excel. Houses for Rent in Laurel, MS. $1,095 24 % below avg price. Seller makes no representations or warranties as to property condition. 16 Cheap Houses in Laurel, MS to find your affordable rental. Lumber prices increased more than 150%, for example. Not only are the mosquitoes huge, theyre relentless. 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. (601) 428-8218 5185 US-84, Laurel, MS 39443 NSW 2059. Our experts have been helping you master your money for over four decades. She was previously at Dow Jones MarketWatch, on the housing market and financial markets beats. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Want to get the financing process started? Poverty rates were highest in the states of Mississippi (19.58%), Louisiana (18.65%), New Mexico (18.55%), West Virginia (17.10%), Kentucky (16.61%), and Arkansas (16.08%), and they were lowest in the states of New Hampshire (7.42%), Maryland (9.02%), Utah (9.13%), Hawaii (9.26%), and Minnesota (9.33%). editorial integrity, Home Size: 2,436 square feet 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. Ive been in this business for over 30 years, and Ive never seen anything like it before, says Andi DeFelice, a buyers broker at Exclusive Buyers Realty in Savannah, Ga. Demand is so high, DeFelice says that shes seen competition with as many as 17 other buyers for a single home of a client. They noted. But this compensation does not influence the information we publish, or the reviews that you see on this site. Interest in second homes started skyrocketing in mid-2020 as affluent Americans took advantage of remote work and low mortgage rates to escape to and invest in vacation destinations, Redfin economists wrote in January. 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, There was a problem. Therefore, this compensation may impact how, where and in what order products appear within listing categories, except where prohibited by law for our mortgage, home equity and other home lending products. Printed Signs Choose A Seat Not A Side & The Order of Events {Wedding Wednesday}, Friday Favourites Fall Walks & Turkey Time . Is Jackson Mississippi a good place to invest? Let us show you why. In the past month, 1 home has been sold in Laurel. Copyright: 2023 Redfin. Almost new Single Wide Mobile Home-Living Room and playroom as well as 3/2-Large front porch to convey as well. TOP 10 why are houses so cheap in laurel mississippi BEST and NEWEST If buying a house in a town youve seen only on TV seems out of the ordinary, she says, the Napiers have had that same effect on viewers far and wide. Learn more. You will like the walk in pantry in kitchen. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. Since theyre not financing, they may be able to bid slightly higher than the asking price without worrying about an appraisal. Built in 1968, the home was featured in the ninth episode of the first season of Home Town in 2017, with updates including a redesigned entryway, remodeled kitchen, and renovations to the lower-level living space. The long held tradition is definitely a bit on the noisy side. SEE DOCUMENTS FOR REPORTS, 1.49 acre lot with a great house site. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service.