Laurel, MS 39440 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Laurel, MS—39440

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$106,000

1.6% YoY Growth

Household Income

$38,700

18.1% YoY Growth

Days on Market

39.0% Longer YoY

Home Price Forecast

-3.0%

Median Rent

$1,170

15.8% YoY Growth

1-Bed Rent

$1,170

N/A

2-Bed Rent

$850

36.4% YoY Growth

3-Bed Rent

$950

33.9% YoY Growth

Other Zip Codes in Laurel, MS

39443

Home Price Trends — Laurel, MS

As of Dec '25, the median home price in Laurel, MS is $106,000, with a year-over-year change of -1.6%. This indicates that home prices in Laurel, MS are decreasing. According to Zillow, the 1-year price projection is -3.0%, suggesting a decrease housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$106,000	-1.6%
Single Family	$105,000	-3.7%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Laurel, MS

As of July '25, Rentcast reports the average rent in Laurel, MS is $1,170, with a year-over-year rent change of -15.8%. Per bedroom, the median rent as of July '25 in Laurel, MS is 1-bedrooms: $1,170, 2-bedrooms: $1,030, 3-bedrooms: $1,540. The most common rental property sizes in Laurel, MS are 2-bedroom and 3-bedroom, accounting for 43.9% and 37.0% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,170	$1,170
Studio Rent	N/A	N/A
1 Bed Rent	$1,170	$1,170
2 Bed Rent	$850	$1,030
3 Bed Rent	$950	$1,540
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

2.2%

1 Bedroom

11.2%

2 Bedrooms

43.9%

3 Bedrooms

37.0%

4 Bedrooms

3.5%

5+ Bedrooms

2.1%

Property Listings — Laurel, MS

As of Dec '25, Realtor.com reports that the median days on market for a home in Laurel, MS is 83. This is a increase of 15.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 29.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$205,000	9.0%
Listing Count	63	0.0%
Listings as % of Homes	0.6%	0.0%
Days on Market	99	39.0%

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Demographics — Laurel, MS

As of the latest ACS Survey released in 2023, Laurel, MS has a population of 20,100, which has decreased by -3.6% over the past 5 years. Laurel, MS is a popular place for families, as children make up 26.7% of the population. The area has a poorly educated workforce, with 20.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.

Metric	Latest Census	YoY % Change
Population	20,100	-3.6%
% Under 18	26.7%	-1.8%
% Seniors	14.0%	-10.3%
% WFH	4.8%	200.0%
% w/ College Degree	20.3%	-10.2%

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As of the latest ACS Survey released in 2023, Laurel, MS is a predominantly black area, with 63.1% of the population identifying as black. The black population has grown by 1.3% in the last 5 years. The second most common race or ethnicity in Laurel, MS is white, making up 29.7% of the population. Foreign-born residents account for 3.1% of the population in Laurel, MS, and this percentage has decreased by 48.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	29.7%	1.4%
% Black	63.1%	1.3%
% Hispanic	6.2%	-6.1%
% Asian	0.6%	-40.0%
% Foreign Born	3.1%	-48.3%

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Mortgage and Risk — Laurel, MS

According to HUD data as of 2023, there were 257 mortgage originations in Laurel, MS, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Laurel, MS. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	257
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	2.0%
% Second Loans	5.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Laurel, MS

Laurel, MS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	999
Total Units Section 8	554
% Rentals under Section 8	N/A
% Occupied Section 8	86.2%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$390	$1,170	$780
2 Bedroom	$170	$850	$1,020
3 Bedroom	$280	$950	$1,230
4 Bedroom	N/A	N/A	$1,400

Laurel, MS—39440

Key Metrics at a Glance

Other Zip Codes in Laurel, MS

Home Price Trends — Laurel, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Laurel, MS

% of Rental Stock

Property Listings — Laurel, MS

Demographics — Laurel, MS

Race and Ethnicity

Mortgage and Risk — Laurel, MS

Mortgages

Rentals and Section 8 — Laurel, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Laurel, MS

Home Price to Income Ratio

Laurel, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Laurel, MS

Ellisville, MS

Sandersville

Soso, MS

Stringer, MS

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$106,000
Median Household Income	$38,700

Laurel, MS—39440

Key Metrics at a Glance

Other Zip Codes in Laurel, MS

Home Price Trends — Laurel, MS

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Laurel, MS

% of Rental Stock

Property Listings — Laurel, MS

Demographics — Laurel, MS

Race and Ethnicity

Mortgage and Risk — Laurel, MS

Mortgages

Rentals and Section 8 — Laurel, MS

Section 8 Market Size

Section 8 Opportunity

Affordability — Laurel, MS

Home Price to Income Ratio

Laurel, MS — ZIP Code Boundary Map

Nearby ZIP Codes

Laurel, MS

Ellisville, MS

Sandersville

Soso, MS

Stringer, MS

Frequently Asked Questions

What is the average home price in Laurel, MS 39440?

How have home prices in Laurel, MS 39440 changed over the past year?

What is the home price projection for Laurel, MS 39440?

What are the demographics of Laurel, MS 39440?

How long does it take homes to sell in Laurel, MS 39440?

What is the average rent price in Laurel, MS 39440?