Metropolitan market · Mississippi · September 2026 data

What is the Laurel, MS real estate market doing?

As of September 2026, the median home listed in Laurel, MS asks $243,256, up 5.2% year over year. Homes spend a median of 78 days on market, with 171 active listings and 23% carrying a price cut; pending contracts equal 37% of active listings, and inventory sits at 91% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.

Median listing price
$243,256
▲ 5.2% YoY
Median $ / sq ft
$127
1,933 sq ft median
Median days on market
78
September 2026
Active listings
171
For sale now
New listings
62
September 2026
Listings with price cuts
23%
Share of active
Inventory vs 2019
91%
Same month, 2019 = 100
Pending / active
37%
Contract activity
Median sale price (closed)
$185,000
▼ 5.1% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
37
Closed sales · July 2026, seasonally adjusted

What is the Laurel, MS housing market doing right now?

The Laurel, MS housing market lists at a $243,256 median as of September 2026, up 5.2% year over year, with a 78-day median market time and 171 homes for sale (23% with a price cut). Active inventory is 91% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.

Laurel housing market statistics

The table summarizes Laurel's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Laurel.

Laurel, MS housing market at a glance — September 2026
MetricLatestDetail
Median listing price$243,256+5.2% YoY
Median price per sq ft$1271,933 sq ft median
Median days on market78+29% YoY
Active listings171+1% YoY
New listings this month62September 2026
Listings with a price cut23%Share of active
Median sale price (closed)$185,000-5.1% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio37.2%64 pending
Inventory vs 201991%Active listings vs same month in 2019

How have home prices changed in Laurel?

Laurel home prices are up 5.2% year over year and -2.7% month over month as of September 2026, at a $243,256 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$247K$240K$232K$225K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Laurel MS · trailing 8 quarters · source: public records and industry data.

The 10-year view
$247K$219K$191K$163K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Laurel MS · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Laurel?

Laurel has 171 active listings, 62 new this month, 64 pending as of September 2026. About 23% of active listings have cut their price, and inventory sits at 91% of its 2019 level — a buyer's market by pace.

Active listings
171
New this month
62
Pending
64
Price-reduced
38

Is Laurel a good real estate investment?

Laurel scores 47/100 on WealthyBud's composite Investor Score, ranking #516 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
47/100
#516 of 933 covered metros
12-month outlook
-0.8%
Flat · model output, not advice
Momentum
41
Value
53
Rental yield
50
Supply risk
51
Market heat
40

Laurel scores 47/100 on our composite Investor Score (#516 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 91% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 5.2% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Laurel ranks on the trending markets index.

How much is a monthly mortgage payment in Laurel?

A home at Laurel's $243,256 median listing runs about $1,332 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,202/mo
−$129/mo vs today
At today's rate · 7.28%
$1,332/mo
National weekly average
If rates rise 1% · 8.28%
$1,466/mo
+$135/mo vs today

Principal & interest on the $243,256 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Laurel?

To buy Laurel’s $243,256 median listing with 20% down, a household needs about $64,000 a year in gross income, keeping principal, interest and property tax ($1,498/mo) at 28% of income. That is 1.3× the area’s $49,867 median household income, so a typical Laurel household cannot afford the median listing on these terms.

Income needed to buy the median home in Laurel, MS — September 2026
ItemAmountBasis
Median listing price$243,256September 2026
Down payment (20%)$48,651Assumption
Principal & interest (7.28%, 30-yr fixed)$1,332/moRate as of 2026-10-01
Property tax (0.82% effective rate)$166/moCensus ACS
Income needed (28% rule)$64,000Gross household income / yr
Median household income$49,867Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Laurel housing market?

Longer-run demand in Laurel shows up in 2 homes permitted in 2025; net migration of -186 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
2
▼ 92.3% vs 2024
0.0 per 1,000 residents
Net migration (2022–2023)
-186
▼ people, via tax-return records
net income flow −$1.05M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Laurel housing market FAQ

What is the median home price in Laurel?
As of September 2026, the median listing price in Laurel, MS is $243,256, up 5.2% year over year (source: public records and industry data). Figures cover the Laurel, MS metro area.
How much does it cost to buy a home in Laurel?
The median home listed in Laurel asks $243,256 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,332 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Laurel?
The median property in Laurel spends 78 days on the market, with 171 homes actively listed and 23% of them carrying a price cut — a buyer's market as of September 2026.
Is it a buyer's or seller's market in Laurel?
With a median 78 days on market and 23% of active listings carrying a price cut, pending contracts at 37% of active listings, Laurel reads as a buyer's market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Laurel a good place to invest in real estate?
Laurel scores 47/100 on WealthyBud's Investor Score, ranking #516 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Laurel?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Laurel and the wider Mississippi market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Laurel, MS metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Mississippi housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.