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Laurel Park, VA

Full City Profile · Virginia · Martinsville city County

2.9 /5.0
C+ Fair
843 Population 648/sq mi density
$38,621 Median Income $18,116 per capita
$139,500 Home Value $130,507 Zillow
56°F Avg Temperature 305 sunny days/yr
356 Violent Crime/100K 2,797 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.8 / 5.0
$38,621 median income, 0.0% unemployment
A+
Affordability
4.7 / 5.0
$139,500 home value, /mo rent
F
Safety
1.0 / 5.0
356 violent crimes/100K
C
Education
2.2 / 5.0
15.4% bachelor's degree or higher

Housing Overview

Median Home Value
$139,500
51% below
US avg: $281,900
Homeownership Rate
74.0%
13% above US avg (65.4%)
Total Housing Units
508
Median year built: 1977

Home Value by Source

Census Median
$139,500
Zillow (ZHVI)
$130,507
Median Sale Price
$180,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

74.0%
Owner-Occupied
26.0%
Renter-Occupied
74%
26%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo

Market Indicators (Redfin)

Median Days on Market
50 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$136
Active Inventory
1
homes for sale

Affordability & Housing Stock

Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
74.0%

Complete Housing Data

Home Values

Census Median Value$139,500
Zillow Home Value (ZHVI)$130,507
Median Sale Price$180,000
Price Per Sq Ft$136

Rent

FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market50
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Active Inventory1
Price Per Sq Ft$136

Ownership & Stock

Owner-Occupied74.0%
Renter-Occupied26.0%
Homeownership Rate74.0%
Total Housing Units508
Median Year Built1977
Rent Burden29.8%