Zip 19956 (Laurel, DE) Housing

The housing in 19956 Laurel, DE is significantly higher than the US median value, with a median value of $259,400. This is almost $80,000 more than the US median value of $338,100. Additionally, the 1 year house appreciation rate for Laurel is 11.37%, which is higher than the national average of 8.27%. This indicates that housing prices in Laurel have increased at a faster rate than they have nationwide.

The median home cost in Laurel (zip 19956) is $259,400. Home appreciation the last 10 years has been 71.4%. Home Appreciation in Laurel (zip 19956) is up 17.3%.

Average Age of Homes

- The median age of Laurel (zip 19956) real estate is 31 years old

The Rental Market in Laurel (zip 19956)

- Renters make up 21.7% of the Laurel (zip 19956) population
- 0.5% of houses and apartments in Laurel (zip 19956), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Laurel, Delaware	United States
	6,270.0	139,647,020.0
	38	42
	$259,400	$338,100
	17.3%	16.6%
	55.8%	57.0%
	71.4%	101.1%
	$3.60	$10.98
	$844	$2,690
	60.6%	57.4%
	10.3%	11.2%
	29.1%	31.4%
Vacant Housing
	0.5%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.3%	0.4%
	0.8%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	3.4%	2.4%
	2.2%	2.8%
	3.3%	3.9%
	3.8%	4.5%
	13.1%	11.3%
	26.0%	13.0%
	25.6%	20.1%
	14.3%	13.6%
	3.6%	8.3%
	0.9%	9.7%
	0.2%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.6%	13.6%
	19.6%	13.6%
	17.1%	13.6%
	12.2%	13.2%
	17.8%	14.8%
	17.1%	13.6%
	7.8%	10.0%
	4.8%	4.7%
	10.8%	12.2%