Home prices
Laurel Bay's median home cost is $146,100. Compared to the surrounding areas this is approximately $37,540 (20%) lower.Compared to the country as a whole it is about $71,400 (32%) lower, and is approximately $10,400 (6%) lower compared to the city of Savannah.
Rents
Laurel Bay's median rent is $1,183 a month. It is approximately $192 (19%) higher in comparison to nearby areas.In comparison to the rest of the country it is roughly $121 (11%) higher, and it is approximately $164 (16%) higher in comparison to the city of Savannah.
Nearby places
Beaufort
Beaufort is Laurel Bay's neighbor to the east. The real estate prices there are a bit more expensive. The median home in Beaufort is valued at $214,700, which is $68,600 (31%) higher than Laurel Bay. Its rents are somewhat less expensive. Beaufort's median monthly rent is $940, which comes out to $243 (25%) lower than Laurel Bay.
Burton
Burton is Laurel Bay's neighbor to the southeast. The real estate prices there are somewhat less expensive. The price of the median home in Burton is $131,200, which comes out to $14,900 (11%) lower than Laurel Bay. The rent there is a little less expensive. In Burton the median rent is $1,067 a month, which comes out to $116 (10%) lower than Laurel Bay.
Shell Point
Shell Point is approximately 6 miles south of Laurel Bay. Housing prices there are somewhat more expensive. The median home value in Shell Point is $176,700, which works out to $30,600 (17%) higher than Laurel Bay. Its rents are a bit less expensive. The median rent in Shell Point is $931 per month, which works out to $252 (27%) lower than Laurel Bay.
Ridgeland
Ridgeland is about 6 miles west of Laurel Bay. The real estate prices there are somewhat more expensive. The median home in Ridgeland is valued at $162,300, which works out to $16,200 (9%) higher than Laurel Bay. Rents there are substantially less expensive. In Ridgeland the median monthly rent is $798, which comes out to $385 (48%) lower than Laurel Bay.
Port Royal
Port Royal is roughly 8 miles southeast of Laurel Bay. Its housing prices are significantly more expensive. The cost of the median home in Port Royal is $233,300, which is $87,200 (37%) higher than Laurel Bay. Rent there is pretty similar. In Port Royal the median monthly rent is $1,220, which is $37 (3%) higher than Laurel Bay.
