Home prices
The median home in Laurel is valued at $88,500. This is roughly $20,660 (30%) higher compared to nearby areas.In comparison to the US as a whole it is approximately $129,000 (59%) lower, and in comparison to the city of Sioux Falls is roughly $101,300 (53%) lower.
Rents
Laurel's median monthly rent is $657. It is roughly $80 (13%) higher in comparison to nearby areas.Compared to the entire nation it is about $405 (38%) lower, and is roughly $170 (20%) lower compared to the city of Sioux Falls.
Nearby places
Dixon
Dixon is approximately 4 miles east from Laurel. Real estate prices there are a lot less expensive. The value of the median home in Dixon is $40,800, which works out to $47,700 (116%) lower than Laurel. The rent there is a lot less expensive. Dixon's median monthly rent is $392, which comes out to $265 (67%) lower than Laurel.
Coleridge
Coleridge is roughly 6 miles northwest of Laurel. Its housing prices are a bit less expensive. The median home value in Coleridge is $70,400, which is $18,100 (25%) lower than Laurel. The rent there is a little less expensive. Coleridge's median monthly rent is $536, which comes out to $121 (22%) lower than Laurel.
Carroll
Carroll is roughly 10 miles south from Laurel. Its housing prices are significantly less expensive. The median home in Carroll is valued at $59,100, which works out to $29,400 (49%) lower than Laurel. Rent there is a bit more expensive. Carroll's median rent is $785 per month, which works out to $128 (16%) higher than Laurel.
Allen
Allen is about 11 miles east from Laurel. Its real estate prices are a little less expensive. The median home in Allen costs $83,900, which comes out to $4,600 (5%) lower than Laurel. Rents there are somewhat less expensive. In Allen the median monthly rent is $513, which is $144 (28%) lower than Laurel.
Randolph
Randolph is roughly 11 miles west of Laurel. Housing prices there are similar. The median home in Randolph costs $85,000, which works out to $3,500 (4%) lower than Laurel. Rent there is pretty similar. Randolph's median monthly rent is $658, which is very similar to Laurel.
