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Seller will pay up to 3% in buyer closing costs. Were still digging our way out from the legacy of the bubble, he says. Mississippi Food Costs The average single Mississippi resident spends around $3,177 annually on food, roughly $264.75 per month. Our goal is to give you the best advice to help you make smart personal finance decisions. 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. In the years since, shes had the privilege of having her articles appear in several publications, such as Parents & Kids Magazine and Girl Meets Strong. Early efforts at urban renewal and a pedestrian mall had failed miserably, according to Tucker. 2 bedrooms plus an office that could be used as a 3rd bedroom. SEE DOCUMENTS FOR REPORTS. She has won several national and state awards for uncovering employee discrimination at a government agency, and how the 2008 financial crisis impacted Florida banking and immigration. The ants here in Mississippi definitely mean business. Past performance is not indicative of future results. Rent for a two-bedroom apartment costs an average of $777 a month. We talked with a few locals about the impact of Home Town on this modest central Mississippi town, population 18,000. The national median is $275,000, according to GOBankingRates. You will receive a verification email shortly. Wide for plenty of privacy. Laurel MS Handyman Special Homes for Sale Are Easy to Find. Claudine Zap covers celebrity real estate, housing trends, and unique home stories. BEAUTIFUL SETTING. Okay, you have to admit, hes kind of cute. Located in West Jones School District. Learn more. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. Prequalification and preapproval are only strategies for those who are ready to make an offer imminently, but buying a home usually takes long-term planning. From deer to alligators, theres no telling whats waiting outside your front door. The Napiers sell merchandise from their local stores and have a spinoff show titled Home Town Takeover in the works. Level lot off of Shady School Rd between Shady Oak Rd and Gavin Seals Rd. 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. Home buyers are also enamored with the math. 'Home Town' Stars Erin and Ben Napier Reveal What To Do. Our goal is to make your manufactured, mobile, or modular home buying experience easy, stress-free, and enjoyable (the way it should be.) Bankrate, LLC NMLS ID# 1427381 | NMLS Consumer Access 3 bedroom, 3-bathroom home on a quiet street. A Red Ventures company. It sits only three minutes from downtown, on a quiet residential culdesac. Chip and Joanna Gaines of Fixer Upper revived Waco, TX, and became national celebrities in the process. This spacious five bedroom, two and a half bath split level home is set beautifully on a terraced green sp, West Jones School District- Nice 3 Bedroom, 2 bath home on 1 Acre. Our Laurel real estate stats and trends will give you more information about home buying and selling trends in Laurel. Check out the nicest homes currently on the market in Laurel MS. View pictures, check Zestimates, and get scheduled for a tour of some luxury listings. 3 Beds. Heres what drove the housing market to be as costly as it is today, and where the market is headed. Content Summary. Watch: Nothing Gets Between the Property BrothersTheyre Now Neighbors! Between the perfectly fried seafood and the variety of local specialties and creations, such as the slug burger, dieting is basically impossible here. Is Gulfport MS a good place to invest in real estate? 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. You Can See For Miles At This Mississippi Canyon That Looks Like The Grand Canyon, The World Catfish Festival Just Might Be Mississippis Biggest And Baddest Foodie Event, The Waterfront Hiking Trail In Mississippi Will Capture Your Imagination, Treat Yourself To A Homemade Ice Cream Cone At The Velvet Cream In Mississippi, 15 Things You Quickly Learn When You Move To Mississippi, 12 Things Only True Mississippians Can Tell You About Life In Mississippi, 10 Reasons Why People From Mississippi Are Unbelievably Tough, 11 Stereotypes About Mississippi That Need To Be Put To Rest Right Now, 11 Life Lessons Everyone Learns Growing Up In Mississippi.. Many construction workers left the industry. Save your filters to get instant new home alerts. 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? Neat 2 story home located in North Laurel on a quiet dead end street. 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. Mississippi has the nations lowest cost of living and offers the most purchasing power for your dollar. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. In the heart of Laurel Do you, Check out this cute house in the Laurel Avenues! Investors bought a record-high 18.4% of homes during the fourth quarter of 2021, according to Redfin. Zillow (Canada), Inc. holds real estate brokerage licenses in multiple provinces. 442-H New York Standard Operating Procedures New York Fair Housing NoticeTREC: Information about brokerage services, Consumer protection noticeCalifornia DRE #1522444Contact Zillow, Inc. Zach Wichter is a former mortgage reporter at Bankrate. Her work has appeared on Yahoo, New York Post, and SFGATE. Find listings of Laurel handyman special homes through a huge database updated daily. Plan ahead, plan when you think youre going to buy a home. All Rights Reserved. Zillow, Inc. holds real estate brokerage licenses in multiple states. Todays real estate market is stacked against buyers to a certain extent. Great floor plan. Make sure they get prequalified when theyre thinking of buying a home.. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. 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. Must see to appreciate. It just means we appreciate it that much more when we do get it. But this compensation does not influence the information we publish, or the reviews that you see on this site. Overall, costs in the state are 17% lower than the national average. 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. Our expert content was prepared to help you find Laurel fixer upper homes for sale whether you are a first time home buyer or a great real estate investor. Meanwhile, there's just a 1.9-month supply of . We continually strive to provide consumers with the expert advice and tools needed to succeed throughout lifes financial journey. Five years after its renovation from the Napiers, the home offers prospective homebuyers a great deal. 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. Mobile homes are not allowed. She has worked in schools all over the world, and has developed groundbreaking curricula that have helped countless students excel. You got this resurgence of can-do people who decided to come back here. Mississippi is the cheapest state to live in in the United States. And its beautiful city park system was designed by Fredrick Law Olmsted Jr., who designed the grounds of the White House and the Jefferson Memorial. The inventory of homes for sale in January 2021 fell nearly 26 percent compared with January 2020, the National Association of Realtors reports. 16 Cheap Houses in Laurel, MS to find your affordable rental. She added that it now may be more important than ever to think about starter homes with a plan to move later. 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. Fill out our brief pre-qualification form and let our experts review your situation so we can better serve you! 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.. Manufacturing related to the timber trade popped up. YOU WILL NOT BE DISAPPOINTED. TRAILERed to your individual wants and needs! process and giving people confidence in which actions to take next. Compared with all other states, Mississippi has the second lowest overall cost of living. WEICHERT REALTORS - INNOVATIONS $5,995 -- bds -- ba -- sqft - House for sale 329 days on Zillow W 27th St, Laurel, MS 39440 TOM SMITH LAND & HOMES $12,000 -- bds -- ba -- sqft - New construction 157 days on Zillow 2 Larkmeade, Laurel, MS 39440 EXIT SOUTHERN REALTY $40,000 -- bds -- ba -- sqft - House for sale 396 days on Zillow Nestled in the Country Club Hills, it features a deep bac, Use your imagination to make this brick building yours! We'd love to hear from you, please enter your comments. Land availability, low rent prices and access to the Gulf and highways for shipping make Mississippi the least expensive place to live in the U.S., Cole said. Two for the price of one! Great floor plan-Home to be moved. Meaning, the housing market supply never fully recovered to the levels seen for decades leading up to 2008. Snow is a rare sight in Mississippi, but thats okay. Transportation costs are the lowest in the nation. Another driver has been the Covid-19 pandemic: people left tightly-packed cities for less-costly housing in suburban areas, or got tired of sharing small living spaces when their home also became their workspace during quarantine. The nine-month project is at the finish line, and shes just listed the property for $169,000. Here's an explanation for how we make money Completely remolded and ready to move in. 2023 Bankrate, LLC. The price of a median, single-family home is $140,818. All rights reserved. Meanwhile, theres just a 1.9-month supply of homes on the market. Mississippi is a wonderful place to live. Specifically, the state's low cost of housing. The partially fenced yard is perfect to let your fur babies run around. Intense competition with limited supply of housing is a main factor for the higher housing prices. 2923 N 7th Ave unit WeBuyHousesSwift.com, Laurel, MS 39440. What Is The Best College For Law Students? The lot is approximately 1 acre with plenty of room and pretty hardwoods. 522 N 6th Avenue. Forbes ranks Jackson among the best places in the nation for cost of doing business, job growth, and education. Subject to appraisal. The typical tenure is about 10 years. Drawn to the area because of the show, she and her husband now own a historic Craftsman beautifully restored by the Napiers. With 3 bedrooms, 1 bath, and ample living spaces, this home offers plenty of space for everyone. ''As is'' cash only sale with no contingencies or inspections. Lots of cabinetry with granite counter tops in kitchen and baths. After all, the small Southern city is where Home Town is filmed, and the Napiers are the stars of the HGTV show. This browser is no longer supported. As of 2021, fans can take their admiration one step further with the purchase of a home straight from the show, currently on the market for under $200,000. Check out the breath-taking decor kitchen with new quartz . When I first moved here 15 years ago, I was aghast that they were selling these historical homes for just nothing, real estate agent Nedra Carter says. Shes also had the honor of interviewing actress Sela Ward for The Mississippi Arts and Entertainment Experience. Great location thats convenient to everything. Completely renovated 3br 1ba home in North Laurel. Get price drops notifications & new listings right in your inbox! Thomas Edisons apprentice, William H. Mason, was brought in to turn Laurels wood pulp into the international engineered wood company now known as Masonite. Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover. Whether you are looking for a property to fix and flip or something to buy and hold this 1428 square ft property is worth checking out. The amazing-ness of Mississippi is definitely not lost on us locals. Buying or selling a home is one of the biggest financial decisions an individual will ever make. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed. "I. 4 BEDROOMS, 2 BATHS ON 1.22 ACRES! As the Hospitality State, we'll always be friendly towards visitors, but that doesn't mean we want them to start calling Mississippi home. Want to get the financing process started? Cspire fiber optic internet & TV available. We see homes in Laurel make appearances in our weekly look at the nations most popular homes. READ REDFIN'S, Do not sell or share my personal information. Built in 1910, it's listed on the Mississippi Historical Registry and was owned by William Carroll Gartin, Laurel's mayor in the 1960s and a three-term lieutenant governor of Mississippi. With the ultimate small-town vibe, the show makes us feel like we, too, live in Laurel. Living in Mississippi is less expensive than it is on average across the U.S. as a whole. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. 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. Antonia is a gifted educator, and she is widely respected within the education community. This would make a great spot for a business, workshop, or whatever you see fit. 2023 Forbes Media LLC. That was my first introduction to Laurel, and then I started looking at homes, she says. 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. Check out how our partner Point2 can help you generate more leads by making your listings and profile stand out. 515 W 14th St, Laurel, MS 39440. The final reason why houses are so cheap in Mississippi is the low median household income - which might sound like a negative, but it directly affects the cost of goods and services, including housing. 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. Home Size: 2,436 square feet Lot Size: 150X140 Prequalification is a little easier to obtain than preapproval, but showing up to an open house virtually or in person with a preapproval letter in hand shows the seller youre serious with your offer, and can actually afford the price you say youre willing to pay. In the next three to five years were still going to be experiencing tight housing supply, she said. Bathrooms: 2. So, whether youre reading an article or a review, you can trust that youre getting credible and dependable information. What is the average cost of housing in Mississippi? Why are mortgage rates moving around so dramatically? BEAUTIFUL PLACE TO WATCH THE SUNRISE IN THE MORNING AND THE SUNSET IN THE EVENING. Welcome home to this quaint 3/1 in Shady that sits on a 1-acre lot in the highly desirable West Jones school district. What is the racial makeup of Mississippi? Our top-rated real estate agents in Laurel are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Laurel. It's located on a beautiful oak-lined street in a neighborhood with a historic feel. Home Town follows married couple Ben and Erin Napier as they help create the perfect homes for their fellow residents of Laurel, Mississippi. Theres just really a sense of taking care of each other.. HGTV's 'Home Town' Has . $178,900. Case # 281-423799. FIVR ACRES located in the middle of historic Laurel! They also want to eat, shop, and stay downtowna boon for local businesses. How much money do you need to live comfortably in Mississippi? Prices reflect the resurgent demand. And check out those super awesome retro, Investor Special! North Sydney Redfin is redefining real estate and the home buying process in Laurel with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Thats a lot of homes to catch up on.. The details Address: 3812 Baldwin Dr., Laurel, MS Price: $187,000 Home Size: 2,436 square feet Lot Size: 150X140 Bedrooms: 3 Bathrooms: 2 (Image credit: Red Fox Realty) "My favorite features about this house are all of the living spaces," Edwards shared. Bankrate.com is an independent, advertising-supported publisher and comparison service. There are currently 29 cheap homes for sale in Laurel at a median listing price of $292K. Here's your opportunity for a home site with plenty of space for ATV's, hunting, farming or gardening!! In 2020, we estimate that there were only 65,000 new entry-level homes completedless than one-fifth of the entry-level homes constructed per year in the late 1970s and early 1980s, the report said. In the past month, 1 home has been sold in Laurel. Located on 6th Avenue, you'll be right in the middle of the historic district and close to downtown! BUILT WITH 1960'S QUALITY, IT'S AN OLD-FA, This is a 1043 square foot single family home has 2BR/1BA. 1 full bath with double sinks. The cute home is ideal for starting a family. Metro Area: Laurel Metro Area. Zip Codes: 39440. This brick home is on 2 acres and has an inground pool. They like the hometown feeling theyre seeing on the show.. Hotels.com has 2 cheap Laurel hotels, the right one is waiting for you! Bankrate follows a strict You must be a HUD registered broker to place a bid on this property. At the root of all of this is simply that not enough supply has been provided over the past several years, said Daniel McCue, a senior research associate at the Joint Center for Housing Studies at Harvard University. COME TAKE A LOOK! The granite counter tops will be installed in the pool house before closing. To have the impact of a nationally recognized TV show and the impact it has brought into the community is profound, Tucker says. Interest in second homes started skyrocketing in mid-2020 as affluent Americans took advantage of remote work and low mortgage rates to escape to and invest in vacation destinations, Redfin economists wrote in January. The signs of revitalization are also visible in the housing market. You can also work with a mortgage broker to help you cast a wide net for mortgage offerings and get you started on the application process.