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Laurel, VA Real Estate


According to census data in the year 2000 there were 6,451 housing units in Laurel. This represents a 11.8% growth from 5,771 in 1990.

Of those housing units, 6,451 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Laurel is about 58%. Laurel's vacancy rate, including seasonal lodging, is about 3.7%. Average household size is 2.23 people.

The majority of houses, apartments or condos in Laurel were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom10.60%
Two Bedrooms38.40%
Three Bedrooms36.90%
Four Bedrooms10.70%
Five Bedrooms or more2.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1978
Median Value of occupied units$104,700
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1977
Median Monthly Rent asked for vacant units$648

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage9.90%
Home Equity Loan8.30%
Simple Mortgage62%
Debt Free19.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%