Laurel, MS—39443
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Laurel, MS
Home Price Trends — Laurel, MS
As of Oct '25, the median home price in Laurel, MS is $158,000, with a year-over-year change of -5.3%. This indicates that home prices in Laurel, MS are decreasing. According to Zillow, the 1-year price projection is -3.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $158,000 | -5.4% |
| Single Family | $158,000 | -6.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $215,000 | 0.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laurel, MS
Laurel, MS lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Laurel, MS
As of Oct '25, Realtor.com reports that the median days on market for a home in Laurel, MS is 65. This is a decrease of -2.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $260,000 | 13.0% |
Listing Count | 50 | 25.0% |
| Listings as % of Homes | 0.3% | 25.0% |
Days on Market | 65 | -2.0% |
Demographics — Laurel, MS
As of the latest ACS Survey released in 2023, Laurel, MS has a population of 22,900, which has increased by 4.4% over the past 5 years. Laurel, MS is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 16.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 22,900 | 4.4% |
% Under 18 | 23.8% | -7.8% |
% Seniors | 21.9% | 40.4% |
% WFH | 1.9% | 58.3% |
% w/ College Degree | 16.9% | -4.5% |
As of the latest ACS Survey released in 2023, Laurel, MS is a predominantly white area, with 82.3% of the population identifying as white. The white population has grown by 1.5% in the last 5 years. The second most common race or ethnicity in Laurel, MS is black, making up 10.7% of the population. Foreign-born residents account for 3.1% of the population in Laurel, MS, and this percentage has increased by 138.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.3% | 1.5% |
% Black | 10.7% | -21.9% |
% Hispanic | 3.7% | 2.8% |
% Asian | 0.2% | 100.0% |
% Foreign Born | 3.1% | 138.5% |
Mortgage and Risk — Laurel, MS
According to HUD data as of 2023, there were 257 mortgage originations in Laurel, MS, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 25.0% 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. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 257 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Laurel, MS
Laurel, MS lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 174 |
Total Units Section 8 | 114 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $740 |
| 2 Bedroom | N/A | N/A | $960 |
| 3 Bedroom | N/A | N/A | $1,160 |
| 4 Bedroom | N/A | N/A | $1,310 |
Affordability — Laurel, MS
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $158,000 |
| Median Household Income | $59,100 |