Antonia is a gifted educator, and she is widely respected within the education community. The cost of living here is said to be about 20% below the national average. Upon entering, interested parties will find updated hardwood floors spanning throughout the 2,436 square feet and thats just accounting for the home size! The house is currently listed for $187,000. Buyers should brace themselves for tight supply, Cororaton said. TRAILERed to your individual wants and needs! Thats 80,000 homes during the three-month period, added to more than 200,000 homes many researchers believe were bought by private-equity real estate companies during the post-financial crisis period. . Set your appointment today. There are no restrictions. If you're looking to sell your home in the Laurel area, our listing agents can help you get the best price. 5d+ ago. At Bankrate we strive to help you make smarter financial decisions. You have money questions. YOU WILL NOT BE DISAPPOINTED. Drive by, take a look, give me a call today. Subject to appraisal. Every Mississippian knows the problem: Young people, in search of high-quality education, high-paying jobs or more fulfilling lifestyles, have left Mississippi in droves in recent years. 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. Home equity line of credit (HELOC) calculator. Welcome home to this quaint 3/1 in Shady that sits on a 1-acre lot in the highly desirable West Jones school district. You just love to turn a run-down old houseinto a beautiful showplace, she says. The lack of starter homes is especially important because the millennial generation is now at what economists call peak home-buying age. As the Hospitality State, we'll always be friendly towards visitors, but that doesn't mean we want them to start calling Mississippi home. foot block building with road frontage on two roads. It was dilapidated, in really bad shape, with holes through the roof. 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. They like the hometown feeling theyre seeing on the show.. 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. 1.51 acre lot with a great house site. But Covid-19 only accelerated a supply issue thats underpinned the market since as far back as the last financial crisis. of HUD. Let us show you why. Meanwhile, theres just a 1.9-month supply of homes on the market. 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. In a state known for its friendly residents, you can expect to engage in some small talk just about anywhere you goand its great. 4 Beds 2 Bath. 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. 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. 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. Laurel was established in 1882 as a lumber town, and the founding familiescrafted the town from scratch, says Ross Tucker, president of the Jones County Chamber of Commerce. Seller will pay up to 3% in buyer closing costs. Well, it's a sign of the times. They want to see where the show was filmed, he says. In the past month, 1 home has been sold in Laurel. She added that it now may be more important than ever to think about starter homes with a plan to move later. Make sure youre fully prequalified and get your credit score as strong as you can make it. All Rights Reserved. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. Meaning, the housing market supply never fully recovered to the levels seen for decades leading up to 2008. We do not include the universe of companies or financial offers that may be available to you. In many ways, theyre catalysts, Rhonda Phillips says about the reality TV couple. The ants here in Mississippi definitely mean business. And check out those super awesome retro, Investor Special! 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. How has the show changed Laurel? Make an offer. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. CONTACT INFO(601) 428-82185185 US-84, Laurel, MS 39443. Our Laurel real estate stats and trends will give you more information about home buying and selling trends in Laurel. For people WFH, there are many spots to spread out your wares and get comfortable, as well as areas for younger family members to enjoy (currently, couple Dawn and Michael have made use of their backyard with a huge trampoline for their two children). Just look at how expensive it is to live in places like Los Angeles or Miami. Rachel, located in Washington, DC, has more than a decade of experience covering financial news at outlets including American Banker, The Wall Street Journal and Bankrate. Visit realtor.com and browse house photos . Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. 7. editorial policy, so you can trust that our content is honest and accurate. Why are mortgage rates moving around so dramatically? Bedrooms: 3 The median home value in Gulfport is $132,700 while the median listing price is $172,000. The couple renovated a Craftsman-style home downtown, which was laterfeatured on Southern Weddings Instagram feed. Saving for a down payment means tracking home price increases which jumped up almost 15 percent last year, according to NAR and figuring out how much you may need to front a few years down the road. The couple have rehabbed approximately 50 older homes in their hometown of Laurel, MS. Buzz on the husband and wife team is sizzling. Mississippis three biggest real estate markets Jackson, Gulfport and Hattiesburg have a combined average home price of $191,633. Something went wrong. New York10 States Where Real Estate Agents Earn The Most Money. The long held tradition is definitely a bit on the noisy side. 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. How much should you contribute to your 401(k)? Built in 1968, the home was featured in the ninth episode of the first season of Home Town in 2017, with updates including a redesigned entryway, remodeled kitchen, and renovations to the lower-level living space. Is Mississippi a good place to buy real estate? How much money do you need to live comfortably in Mississippi? Our editorial team does not receive direct compensation from our advertisers. While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. 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. 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! This browser is no longer supported. Get with your realtor today to schedule a tour. HUD Homes are sold AS-IS. Also, research all your options for down payment assistance. The offers that appear on this site are from companies that compensate us. After all, the small Southern city is where Home Town is filmed, and the Napiers are the stars of the HGTV show. How Safe Is Mississippi State University? Forest Glenn will be gated. Since Mississippi stands out when looking at most people's largest budget category. New lot; buyer to collect tax estimate. The weekly show serves as an hour-long ad for the charming city. How many times have you been stuck behind a tractor? By providing my email I agree to receive Forbes Advisor promotions, offers and additional Forbes Marketplace services. Compared with all other states, Mississippi has the second lowest overall cost of living. Call for your appointment today and more information. 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. Erin revealed that Chip and Jo helped mentor them every step of the way. Call to set up your showing TODAY!!! If you're looking to sell your home in the Laurel area, our listing agents can help you get the best price. Have pets? This home features 3 bedrooms and 1 bath, ATTENTION Quick, act fast, before it's too late. Cost of Living: -28.0% lower. We value your trust. Make sure they get prequalified when theyre thinking of buying a home.. Transportation costs are the lowest in the nation. In the past month, 1 home has been sold in Laurel. Great Price on this 31.26 acres of unrestricted land in the Myrick Community. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Gulfport houses stay in the market around 102 days. COME TAKE A LOOK FOR YOURSELF. You must be a HUD registered broker to place a bid on this property. 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. I will work endlessly to ensure that you get the home that. Please refresh the page and try again. No problem. In addition to this there are multiple museums such as Kirby Memorial Museum where visitors can learn about local history through artifacts from the Civil War period. 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. Check out the breath-taking decor kitchen with new quartz countertops and backsplash with tiffany blue cabinets & all new stainless-steel appliances. 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. Home Town follows married couple Ben and Erin Napier as they help create the perfect homes for their fellow residents of Laurel, Mississippi. Thank you for signing up to Realhomes. Wonder where the locals eat, things to do at night, or where to find the best shops and boutiques? Built in 1910, its listed on the Mississippi Historical Registry and was owned by William Carroll Gartin, Laurels mayor in the 1960s and a three-term lieutenant governor of Mississippi. This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. She and her husband, Jay Stein, appeared on Season 4 of the show. Save for a down payment.. She was previously at Dow Jones MarketWatch, on the housing market and financial markets beats. Second bath has a linen closet. We are an independent, advertising-supported comparison service. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site. With the ultimate small-town vibe, the show makes us feel like we, too, live in Laurel. $178,900. Mississippi is a wonderful place to live. And the beautiful mural on the side of a once-dilapidated building? 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. Hotels.com has 2 cheap Laurel hotels, the right one is waiting for you! Our goal is to make your manufactured, mobile, or modular home buying experience easy, stress-free, and enjoyable (the way it should be.) 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. Subject to appraisal. What is the average cost of housing in Mississippi? The success is the result of the couples work before the lights and cameras started rolling. 2 years today since our pilot episode aired. Cost of Living in Laurel, Mississippi Our cost of living indices are based on a US average of 100. For DIY-ers, a tiny, two-bedroom home listed for $65,000 is a big renovation project. The inventory of homes for sale in January 2021 fell nearly 26 percent compared with January 2020, the National Association of Realtors reports. Laurel MS Handyman Special Homes for Sale Are Easy to Find. In 2021 after nearly a year of the COVID-19 pandemic many Americans have transformed their understanding and desire for home themselves. How much do groceries cost in Mississippi? walking distance to the grocery store, medical clinic, pharmacy, and bank. Additionally, real estate agents have seen upticks in urbanites from major metropolitan areas primarily New York City, Los Angeles, Chicago and the San Francisco Bay Area moving to less densely populated areas, making smaller towns like Laurel all the more attractive. Our goal is to give you the best advice to help you make smart personal finance decisions. 2023 Bankrate, LLC. so you can trust that were putting your interests first. . Rear covered patio as w, Houses in the price range are hard to come by and this one is super cute. Further, occupancy rates in senior-living facilities dropped to 74% in January 2022 from 85% pre-pandemic as many seniors preferred living in their homes instead due to the Covid-risk in larger shared-living facilities, according to a report by Redfin, a national real estate brokerage. Claudine Zap covers celebrity real estate, housing trends, and unique home stories. Looking for a country setting with beautiful, cleared acreage? Chip and Joanna Gaines of Fixer Upper revived Waco, TX, and became national celebrities in the process. This partially renovated home is just waiting for your final touches. At least they provide the perfect opportunity for a party. Thank you @lindseyweidhorn for plucking us out of the great big instagram universe, thank you @rtrmedia for creating a show that's so close to our hearts, thank you @ross_tew_official and @tewtyfruity for trusting us to make your house feel just like you, and thank you @hgtv for believing in us and taking a chance on #HGTVHomeTown. , HVAC is 3 years old. Fans of HGTV's "Home Town" may recognize this charming two-bedroom, two-bathroom cottage in Laurel, Mississippi, that was featured in season 2 of the series. Please switch to a supported browser or download one of our Mobile Apps. Copyright: 2023 Redfin. All rights reserved. Heres how it works. Perfect family home. There is a tenant renting space for an RV at $200/moThis is a very well maintained property with room for expansion & much more income potential. 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. Starring Ben and Erin Napier, the couple restores homes in their town while also highlighting small businesses. 3BR, 2 BATH HOME SITTING BACK OFF THE ROAD ON OLD BAY SPRINGS ROAD. Covid also spurred more affluent homebuyers, who may have stashed away more savings while in quarantine, to buy second homes. 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 The lot is approximately 1 acre with plenty of room and pretty hardwoods. Laurel. READ REDFIN'S FAIR HOUSING POLICY. Receive up to $500 dollar cash when you refer a buyer to Regional Homes of Laurel. . Mobile homes are not allowed. A Red Ventures company. Split plan with master suite on one side of home and other 3 bedrooms on other side. What Is The Best College For Law Students? IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Enjoy cozy evenings in the inviting living room or entertain in style on the covered, wrap-around porch. editorial integrity, Mississippis housing costs are the lowest in the nation. Mississippi played a huge role in the Civil War. But by the 1990s the lumber trade was long gone and the downtown was abandoned. Get in contact with Zach Wichter via Email. Deed Restrictions No mobile homes. Laurel has a host of positive attributes for prospective buyers. You must be a HUD registered broker to place a bid on this property. What is the racial makeup of Mississippi? If you had a great experience with us, please share it! 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. 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. 6 acres on West Jones School district. The exterior was a bit run-down, with a sagging metal awning and a front porch that had been enclosed with glass door and windows.