Home prices
The value of the median home in Laurel Lake is $105,500. Compared to its nearby areas it is about $42,980 (28%) lower.Compared to the nation as a whole it is about $112,000 (51%) lower, and it is approximately $57,500 (35%) lower compared to the city of Philadelphia.
Rents
The median monthly rent in Laurel Lake is $1,211. It is roughly $90 (8%) higher in comparison to the surrounding areas.It is about $149 (14%) higher compared to the United States as a whole, and compared to the city of Philadelphia is approximately $169 (16%) higher.
Nearby places
Millville
Millville is Laurel Lake's neighbor to the north. Its real estate prices are substantially more expensive. The median home in Millville costs $159,000, which is $53,500 (33%) higher than Laurel Lake. Rent there is somewhat less expensive. The median rent in Millville is $998 a month, which comes out to $213 (21%) lower than Laurel Lake.
Port Norris
Port Norris is approximately 5 miles south of Laurel Lake. The real estate prices there are a bit more expensive. The median home in Port Norris costs $118,900, which works out to $13,400 (11%) higher than Laurel Lake. Its rents are somewhat more expensive. The median monthly rent in Port Norris is $1,342, which works out to $131 (9%) higher than Laurel Lake.
Cedarville
Cedarville is about 8 miles west from Laurel Lake. Its housing prices are a bit more expensive. The median home in Cedarville is valued at $149,100, which is $43,600 (29%) higher than Laurel Lake. Its rents are fairly similar. The median rent in Cedarville is $1,243 per month, which is $32 (2%) higher than Laurel Lake.
Fairton
Fairton is roughly 9 miles west from Laurel Lake. Its housing prices are somewhat more expensive. Fairton's median home cost is $148,100, which comes out to $42,600 (28%) higher than Laurel Lake. Rent there is a little less expensive. Fairton's median rent is $965 per month, which comes out to $246 (25%) lower than Laurel Lake.
Vineland
Vineland is about 9 miles north of Laurel Lake. Its housing prices are a lot more expensive. The price of the median home in Vineland is $167,300, which comes out to $61,800 (36%) higher than Laurel Lake. The rent there is a little less expensive. The median monthly rent in Vineland is $1,057, which works out to $154 (14%) lower than Laurel Lake.
