There is a fenced in back yard to keep them contained and safe. Located on 6th Avenue, you'll be right in the middle of the historic district and close to downtown! Compared with all other states, Mississippi has the second lowest overall cost of living. Were still digging our way out from the legacy of the bubble, he says. From finding an agent to closing and beyond, our goal is to help you feel confident that you're making the best, and smartest, real estate deal possible. COME TAKE A LOOK FOR YOURSELF. 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. Log in. The decorative wood brackets add . Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Bringing positive attention to their hometown was a major factor in the couple's decision to star in the show, currently airing its second season. process and giving people confidence in which actions to take next. You will like the walk in pantry in kitchen. There are no restrictions. Split plan with master suite on one side of home and other 3 bedrooms on other side. Eat in kitchen, l, Serene country setting in West Jones School District! this post may contain references to products from our partners. Deed Restrictions No mobile homes. Here are some good strategies to make yourself a more competitive buyer in the current market: Home prices are likely to keep climbing as supply remains strained, but there are some things you can do like long-term planning and prequalifying for a mortgage to boost your chances of making a winning offer in this competitive market. Bedrooms: 3 Home buyers are also enamored with the math. This browser is no longer supported. Paul Costello. Based in Rural Jones County of Laurel, the home offers a lot of modern amenities. City: Laurel. SEE DOCUMENTS FOR REPORTS. Mississippis three biggest real estate markets Jackson, Gulfport and Hattiesburg have a combined average home price of $191,633. 1,528 Sq. of HUD. The turn-of-the-20th-century timber industry contributed a great deal to Laurel's growth - it's part of the "Pine Belt" - and I'd love to think today's fixer-upper showcases some beautiful local woods. Houses for Rent In Laurel, MS - Rentals Available | Zumper 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. 2 years today since our pilot episode aired. The Roof is 3 years old. Forbes ranks Jackson among the best places in the nation for cost of doing business, job growth, and education. Two home on 1.25 acres of land. Laurel is home to approximately 18,420 people and 16,432 jobs. Mississippi is 12.6% cheaper than Florida. Nook for coats, boots, backpacks, inside home off garage. If youd like to follow Mangone-Russos trail, there are still some excellent options for sale in the area. This HGTV 'Home Town' house is on the market for under $200k By providing my email I agree to receive Forbes Advisor promotions, offers and additional Forbes Marketplace services. Then she watched Home Town and was smitten. Nice 3br 2ba 1248 sq ft home in the city of Laurel. Gulfport houses stay in the market around 102 days. Something went wrong. Mississippi has the nations lowest cost of living and offers the most purchasing power for your dollar. Our experts have been helping you master your money for over four decades. Five years after its renovation from the Napiers, the home offers prospective homebuyers a great deal. Cost of living in Jackson is 4% below the national average. She added that it now may be more important than ever to think about starter homes with a plan to move later. While the current housing market is much harder to enter for first-time homebuyers and those with low-to-medium income, there are a few advantages to keep in mind. Laurel, MS Cheap Homes for Sale | Redfin Ready for your cows or horses. This home also includes a large family room with new flooring that could serve as additional bedrooms and or office space. Strong demand, fewer people listing their homes, unfavorable zoning regulations in many cities and a lack of skilled laborers have all combined to squeeze the real estate market. Is Mississippi a good place to buy real estate? 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. She recalls seeing young families begin restoring and overhauling homes. Are you sure you want to rest your choices? Find Cheap Homes for sale in Mississippi. .A great home in the West Jones School District. She has received numerous awards and accolades for her work, including being named one of the "Top 10 Educators to Watch" by Education Week magazine. 4.26 ACRES OVERLOOKING LAKE BOGUE HOMA. And while its important to keep watching online housing listings like Redfin, Zillow and Realtor.com, getting the right real estate agent will help you narrow down your search and ultimately, find the best home deal for you. The pace of new home construction and existing home turnover means it will take many months for the housing supply to reach a healthy level again. Zillow, Inc. holds real estate brokerage licenses in multiple states. And there are many mortgage lenders offering various programs built for first-time homebuyers or ways to lower your mortgage costs, like buying down points on your interest rate. Information provided on Forbes Advisor is for educational purposes only. UNSPOILED NATURAL BEAUTY SURROUNDS THIS BEAUTIFUL PROPERTY. Saving for a down payment can take years, and even once youve saved up, you need to stick to properties you can afford. This lot in Jones County, located near downtown Laurel is perfect to build your dream home or as a great investment. Mississippi is a wonderful place to live. 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. 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. Chance's New and Used Mobile Homes | Laurel MS - Facebook They also want to eat, shop, and stay downtowna boon for local businesses. Bankrates editorial team writes on behalf of YOU the reader. The typical homebuyer is also now facing increased competition from institutional investors whove bought a good portion of the limited supply available. New lot; buyer to collect tax estimate. The Incredible Comeback Of Laurel, Mississippi - Southern Living We maintain a firewall between our advertisers and our editorial team. Earlier this Spring, when I was sharing the photos from our Honeymoon Road Trip, I posted about this great town we stopped in to see - Laurel, Mississippi.Since then my inbox has been filled with comments and emails from people all over the US who either have a connection to Laurel or just love it as much as Garrett and I do. The house is currently listed for $187,000. Her work has appeared on Yahoo, New York Post, and SFGATE. Make sure youre fully prequalified and get your credit score as strong as you can make it. The median home value in Gulfport is $132,700 while the median listing price is $172,000. MASSIVE INVESTMENT OPPORTUNITYSale to include 3 dwellings on a total of 3.53 acres MOLMain home 3368 HWY 11:Move in Ready 3 Bedroom / 1 Bath 1720sfBonus room w/ Laundry & storageNew Electrical 2019Newer HVACOriginal Hardwood floors Cottage 3380 HWY 11:Move in Ready1 bed / 1 bath 700sf Fully fenced yardLarge workshop / storage shed w/ powerCentral HVACPreviously rented at $975/moStudio apartment 3372 HWY 11:Studio / 1 bath 1200sf Tenant in place at $325/moThere are a total of 4 septic tanks on the property. BEAUTIFUL SETTING. Being sold ''as is / where i. The home she bought was a diamond in the rough, she says. 6 acres on West Jones School district. If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732. One reason is that the cost of living is relatively low in the area. Mississippi maintains a low violent crime rate 1.90 incidents per 1,000 people; nationally the number is 4.49. 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. Rachel Witkowski is an assigning editor of mortgages and loans for Forbes Advisor US. This would make a great spot for a business, workshop, or whatever you see fit. No problem. Cost of Living in Laurel, Mississippi - Best Places Low supply means high competition, and buyers seem to be willing to pay more to come out ahead in bidding wars, or remove contingencies to make their offers even more attractive. 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. I like projects. From the friendly people to the mouthwatering food, we are fully aware of what a gem of a state Mississippi is. Maybe you need to start with a smaller condominium or smaller town house, build equity on that and then move to your forever home.. Housing costs in Mississippi are the lowest in the nation. Mississippi is the poorest U.S. state. Metro Area: Laurel Metro Area. Our editorial team does not receive direct compensation from our advertisers. Transportation Car-Dependent 43 out of 100 WalkScore Rating And check out those super awesome retro, Investor Special! Rent for a two-bedroom apartment costs an average of $777 a month. Investors usually pay with cash, not a mortgage, making their bids far more certain and attractive to sellers. Transportation costs are the lowest in the nation. Shes also noticed an increased interest in home purchases near the historic downtown, where most of the home renovations filmed on Home Town take place. If you are looking for a good, affordable home to turn into your dream home, then look no further. Visit our corporate site. Best Places to Live in Laurel, Mississippi Start your search today. Master bath has separate shower and soaking tub and a VERY LARGE master closet. The couple renovated a Craftsman-style home downtown, which was laterfeatured on Southern Weddings Instagram feed. Thank you for signing up to Realhomes. foot block building with road frontage on two roads. Deed Restrictions. 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. Bankrate.com is an independent, advertising-supported publisher and comparison service. Great floor plan. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. subject matter experts, Check out the breath-taking decor kitchen with new quartz countertops and backsplash with tiffany blue cabinets & all new stainless-steel appliances. Andrea Riquier is a New York-based writer covering mortgages and the housing market for Forbes Advisor. Though Daniella was born in New York and has lived in a couple of other states, Mississippi has been her home for the past 25 years. Vacant & easy to show. Cheap Houses in Laurel, MS For Rent - 16 Houses | Rent.com Now in its fourth season, the program focuses on the renovation work of Ben and Erin Napier. Plenty of room to spread out with nice size living room and den, spacious home for entertaining. Manufacturing related to the timber trade popped up. Find your dream home in Laurel using the tools above. Where in Mississippi should you not live? 'IN', 'Insured'. And, Cororaton said, you need to make sure youre saving up to cover your closing costs and other moving-related expenses, too. Very Nice 5 bedroom 2 bath home. 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. Please try again later. Heres what drove the housing market to be as costly as it is today, and where the market is headed. Covid also spurred more affluent homebuyers, who may have stashed away more savings while in quarantine, to buy second homes. Heres how it works. 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. Newer brick home in the Glade community. Redfin has a local office at 232 Market St Office 207, Flowood, MS 39232. It's made Laurel a popular destination, especially for fans. It had 2,600 square feet, 2 bedrooms, 1.5 baths, and was listed for $105,000. What Was The Original Name For Mississippi State University. In 2021 after nearly a year of the COVID-19 pandemic many Americans have transformed their understanding and desire for home themselves. 'Flip or Flop' Star Tarek El Moussa Sells His Own Costa Mesa, CA, Home for $2.7M, Renovation Delayed? The lot is approximately 1 acre with plenty of room and pretty hardwoods. HUD Homes are sold AS-IS. This compensation comes from two main sources. 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! Learn more. READ REDFIN'S, Do not sell or share my personal information. They want to see where the show was filmed, he says. But if youd rather move right in and leave the work to someone else, theres a turnkey cottage located in the downtown historic district available for $112,000. Buying or selling a home is one of the biggest financial decisions an individual will ever make. . According to data from the Bureau of Economic Analysis, goods and services in the state cost 14.0% less than they do on average nationwide. She had lived and worked in Arizona for the past 20 years, raised her kids there, and started a new career in house flipping. NICE LOT BEHIND THE WORKSHOP WHERE YOU COULD PLANT A GARDEN OR EVEN BUILD SOMETHING NEW. And if a couple renovating homes while simultaneously boosting the profile of a small town has a familiar ring, its no accident. Price: $187,000 Get Forbes Advisors ratings of the best mortgage lenders, advice on where to find the lowest mortgage or refinance rates, and other tips for buying and selling real estate. New flooring. Not only are the mosquitoes huge, theyre relentless. Welcome home to this quaint 3/1 in Shady that sits on a 1-acre lot in the highly desirable West Jones school district. Just look at how expensive it is to live in places like Los Angeles or Miami. Mississippis housing costs are the lowest in the nation. walking distance to the grocery store, medical clinic, pharmacy, and bank. so you can trust that were putting your interests first. Laurel is a minimally walkable city in Jones County with a Walk Score of 31. Take our 3 minute quiz and match with an advisor today. Making your way through the home, you see highlights including granite countertops and subway tile backsplash in the open kitchen, alongside a wood-burning pot belly stove and new appliances. Set your appointment today. Its amazing more of us dont suffer a heat stroke. Your financial situation is unique and the products and services we review may not be right for your circumstances. County: Jones County. who ensure everything we publish is objective, accurate and trustworthy. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. Home For Rent Details . For DIY-ers, a tiny, two-bedroom home listed for $65,000 is a big renovation project. Commissions do not affect our editors' opinions or evaluations. 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. This home includes 2 bedroom & 1 bath with carport area. The Napiers sell merchandise from their local stores and have a spinoff show titled Home Town Takeover in the works. Additionally, the state has a poverty rate of 19.6%, the highest of any state. Erin and Ben were part of that group, says Tucker. The lack of starter homes is especially important because the millennial generation is now at what economists call peak home-buying age. Please refresh the page and try again. Why Are House Prices Going Up So Much? | Bankrate That TV show gets you going.. $178,900. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. 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%). Our goal is to give you the best advice to help you make smart personal finance decisions. According to the website Road Snacks, the 10 most dangerous places to live in Mississippi are: McComb (most dangerous on the list), Greenwood, Vicksburg, Jackson, Biloxi, Pascagoula, Laurel, Gulfport, Holly Springs, and Meridian (least dangerous on the list). So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. We see homes in Laurel make appearances in our weekly look at the nations most popular homes. Searching cheap houses for sale in Laurel, MS has never been easier on PropertyShark! 3 Beds 1 Bath. Great location thats convenient to everything. of HUD. While we adhere to strict Seller will pay up to 3% in buyer closing costs. The signs of revitalization are also visible in the housing market. Home has 2 bedrooms upstairs and 2 bedrooms downstairs. Is it cheaper to live in Florida or Mississippi? With Newest Listings - Homes for Sale in Laurel, MS Then, in the last decade or so, a grassroots movement began. A MUST SEE HOME! A separate heated and cooled shop with an attached room for entertaining. 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. When youre ready to buy your home, have realistic expectations, Cororaton said. Editorial Note: We earn a commission from partner links on Forbes Advisor. How has the show changed Laurel? in particular, the under-supply of starter homesthose 1,400 square feet or less. Cute & simple little 2/1 looking for TLC and someone willing to put in the work to bring this house back to lif. Your go-to source for affordable new, used, and repo mobile homes-priced to fit any budget. This is the place! 3718 University Ave, Laurel, MS 39440. . Must see to appreciate. The Forbes Advisor editorial team is independent and objective. 1107 N 6th Avenue. He previously worked on the Business desk at The New York Times where he won a Loeb Award for breaking news, and covered aviation for The Points Guy. Great Price on this 31.26 acres of unrestricted land in the Myrick Community. Completely remolded and ready to move in. After all, the small Southern city is where Home Town is filmed, and the Napiers are the stars of the HGTV show. In fact, the median listing price of homes nationwide hit a record high in February of $392,000, according to Realtor.com. Mississippi played a huge role in the Civil War. Weve been involved in downtown revitalization and historic preservation efforts in our town since we finished college at Ole Miss, got married, and moved to my hometown of Laurel in 2008, Erin told the blog Hooked on Houses. Regional Homes of Laurel Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. The renovated Hurt house is open and inviting with the old awning removed, new landscaping and and open front porch on Home Town The home was designed for the Hurt family, newlyweds who moved to Laurel from Virginia. 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. Why Are Houses So Cheap in Mississippi? 4 answers to the question vexing homebuyers, California Consumer Financial Privacy Notice, Conduct your own mini-appraisals to help you tailor your offer, Get pre-approved for more than the asking price. We work with over a dozen industry-leading mortgage companies and bank lenders that specialize in all types of manufactured home loans, such as chattel (home only), land + home (FHA, VA, USDA). This house is ready for you to call it home. Bathrooms: 2. Prices reflect the resurgent demand. This rare gem will not last long! This newly remodeled 1945s house is centrally located and close to all the conveniences of town, incl, 1642 Old Bay Springs Rd., Laurel, MS 39440, LOCATION, LOCATION, LOCATION! This split-level three-bedroom, two-bath home was listed by Red Fox Realty listing agent Courtney Edwards in October 2020, and has so many charming aspects that will make it a perfect place for a new family to rest their heads. And the beautiful mural on the side of a once-dilapidated building? North Sydney Great location just a few minutes from wonderful downtown Laurel. That was my first introduction to Laurel, and then I started looking at homes, she says. Bankrate follows a strict Here in Mississippi, coming across animals on the road is almost as common as coming across other motorists. A Victorian-Era Fixer-Upper in Laurel, Mississippi Find your dream single family homes for sale in Laurel, MS at realtor.com. The Gaineses HGTV show became so wildly successful, theyre now ready to launch their own television network. Get price drops notifications & new listings right in your inbox! Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access You just love to turn a run-down old houseinto a beautiful showplace, she says. Laurel cost of living is 72.0 100=National Average AVERAGE RENT BY BEDROOM SIZE 4 Beds 2 Bath. Their efforts, along with others who established the Laurel Main Street organization (which focuses on revitalizing the town), have breathed new life into Laurel. 15 Things to Know About Laurel, Mississippi, the Real Town Featured on Mobile homes are not allowed. This beautiful home features 3 bedrooms, 2 baths, large inviting living room, sun porch over looking the back yard, gas fireplace, a storage room off of the utility room and carport, 2 storage buildings, patio, deck with a nice above ground pool, fenced in back yard and a new roof in 2022. Meanwhile, there's just a 1.9-month supply of . The median list price in Laurel currently sits just below $100,000, so its easy to see why budget-conscious home buyers cant help but entertain the idea of living in Laurel. 1 1.Cheap Homes For Sale in Laurel, MS - 29 Listings - PropertyShark; 2 2.The Untold Truth Of Home Town - The List; 3 3.This HGTV 'Home Town' house is on the market for under $200k; 4 4.Cheap Houses for Sale in Laurel, MS - Point2 Homes; 5 5.The Incredible Comeback Of Laurel, Mississippi - Southern Living; 6 6.In Love With Laurel? Fenced & cross fenced, barn, pond, 1200 sq. Perfect family home. This lot, Lot 5 (3.17 acres), can be accessed by way of lot 1's road via an easement. New! Updated January 2023: By searching, you agree to the Terms of Use, andPrivacy Policy. For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Laurel MS Handyman Special Homes for Sale Are Easy to Find. REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. 2023 | JOBS | PAYMENTS | PRIVACY POLICY. Our real estate reporters and editors focus on educating consumers about this life-changing transaction and how to navigate the complex and ever-changing housing market. Why Mississippi Is So Cheap? - CLJ Until youve experienced it, you just wont understand. As Ben said in one of the shows original trailers, we just want to give all the old houses some love, with Erin reiterating, Were saving this town, because its worth it.. Beds Property Type Save your search Laurel, MS Cheap Homes for Sale 37 Homes under $150,000 Available List Tile Map Sort by 38 836 N 8th Ave, Laurel, MS 39440 3 Beds 2 Baths 2,236 Sqft Residential $99,900 USD 50K View Details 20 13 Iris Lane, Laurel, MS 39443 2 Beds 1 Bath 728 Sqft Residential $120,000 USD View Details 22 Most first-time homebuyers typically go after existing homes that they can afford, rather than newly built homes that tend to be more costly. According to Erin's Instagram story, the Hurts are being transferred back to Virginia for work. BEAUTIFUL PLACE TO WATCH THE SUNRISE IN THE MORNING AND THE SUNSET IN THE EVENING. 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.