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Laurel, DE Multifamily Home for Sale

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    $250,000

    • Studio
    • 911 Sq Ft

    304 E 5th St, Laurel, DE 19956

    Looking for an investment opportunity in Laurel? This two-story duplex offers flexibility and income potential, featuring two separate units, one currently vacant and ready for occupancy or updates, and the other tenant-occupied on a convenient month-to-month lease. Each unit includes a comfortable living room and an eat-in kitchen, providing practical layouts for everyday living. The upper

    Francis Esparza Northrop Realty

    304 E 5th St, Laurel, DE 19956

Why Live in Laurel

Laurel, DE, once a wealthy town, is now a quiet rural community with a rich history and affordable homes. The town features 15 sites on the National Register of Historic Places, reflecting its storied past. Housing options include colonial and Cape Cod homes from the early- to mid-1900s, as well as ranch-style and split-level homes from the 1990s. Recreational opportunities abound at Roger C. Fisher Laurel River Park, which offers a playground, boat launch, and pier for kayaking and fishing in Broad Creek, along with facilities for Little League sports. Trap Pond State Park, located 7 miles east, provides a 5-mile trail, playground, nature center, disc golf course, and paddleboat rentals. The town hosts annual events like the Nature Festival in April and the Laurel Block Party in June, fostering a sense of community. Dining options along Central Avenue include local favorites such as Laurel Pizzeria, Abbott's on Broad Creek, and the popular Smash N' Dash Burgery. For groceries, residents can visit Tienda Latina La Bendición on Market Street or Food Lion in the north end of town. Commuters often travel via U.S. Route 13, with Salisbury 15 miles south and Dover 42 miles north. The nearest hospital, TidalHealth Nanticoke, is 7 miles away, and Salisbury Regional Airport is 18 miles south.

Home Trends in Laurel, DE

Housing Trends

Median Sale Price
$329,500
Median Single Family Sale Price
$349,000
Median Townhouse Sale Price
$327,000
Average Price Per Sq Ft
$206
Number of Homes for Sale
43
Last 12 months Home Sales
109
Months of Supply
4.70
Median List Price
$345,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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