Similar to other places in this area, it's significantly less expensive compared to the entire nation. Compared to the city of Raleigh, it's substantially less expensive.
Home prices
The median home price in Laurel Park is $110,800. It is is very similar compared to its nearby areas.It is approximately $106,700 (49%) lower in comparison to the entire country, and is roughly $137,500 (55%) lower compared to the city of Raleigh.
Rents
The median monthly rent in Laurel Park is $722. This is about $38 (5%) higher compared to its surrounding areas.In comparison to the US as a whole it is approximately $340 (32%) lower, and compared to the city of Raleigh it is approximately $399 (35%) lower.
Nearby places
Chatmoss
Chatmoss is Laurel Park's neighbor to the southwest. Its housing prices are a lot more expensive. The median home in Chatmoss is valued at $195,400, which is $84,600 (43%) higher than Laurel Park. Rent there is substantially less expensive. Chatmoss's median monthly rent is $391, which is $331 (84%) lower than Laurel Park.
Martinsville
Martinsville is about 3 miles west of Laurel Park. Housing prices there are a bit less expensive. The median home in Martinsville is valued at $87,700, which comes out to $23,100 (26%) lower than Laurel Park. Its rents are somewhat less expensive. The median rent in Martinsville is $656 a month, which comes out to $66 (10%) lower than Laurel Park.
Villa Heights
Villa Heights is approximately 5 miles west of Laurel Park. The housing prices there are significantly less expensive. The cost of the median home in Villa Heights is $80,800, which works out to $30,000 (37%) lower than Laurel Park. Its rents are a little more expensive. Villa Heights's median monthly rent is $1,045, which comes out to $323 (30%) higher than Laurel Park.
Collinsville
Collinsville is about 6 miles west of Laurel Park. The real estate prices there are a bit less expensive. Collinsville's median home value is $102,000, which comes out to $8,800 (8%) lower than Laurel Park. Rent there is a bit less expensive. Collinsville's median rent is $637 per month, which works out to $85 (13%) lower than Laurel Park.
Fieldale
Fieldale is roughly 7 miles west from Laurel Park. The real estate prices there are substantially less expensive. The median home in Fieldale is valued at $82,800, which comes out to $28,000 (33%) lower than Laurel Park. Rent there is similar. In Fieldale the median rent is $693 per month, which comes out to $29 (4%) lower than Laurel Park.
