Laurel, Sussex County, DE

Median Home Price Price

$298,819 $298.8K

Median Monthly Rent Rent

$1,196 $1.2K

21.0x

Market Snapshot

Laurel, Sussex County, DE is a city market with a median home price of $298,819, a median monthly rent of $1,196, a GRM of 21.0x, and a price-to-rent ratio of 20.8.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

01 Seaford, Sussex County, DE
Top recommendation Nearby alternative Lower GRM Higher rent
High confidence
Price $299.6K
Rent $1.3K
GRM 19.0x
03 Bridgeville, Sussex County, DE
Nearby alternative Higher GRM Premium price Similar rent
High confidence
Price $344.4K
Rent $1.2K
GRM 23.0x
Explore the data
Region Show
Bridgeville
$344K $1.2K 23.0x
Georgetown
$357K $1.6K 19.0x
Seaford
$300K $1.3K 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Montross, Westmoreland County, VA Explore deeper
$285K $1.1K 21.0x
Osceola, Polk County, WI Explore deeper
$342K $1.2K 23.0x
Bellerive, Saint Louis County, MO
$327K $1.1K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Laurel

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Benchmark comparison

Rent in Laurel, DE is 2.6% lower than Bridgeville, DE.

Compare to Bridgeville, DE
Laurel, DE
Bridgeville, DE
Delta
Median rent
$1,196
$1,228
+$32
Median price
$298,819
$344,413
+$45,594
YoY change
+$49
+$38
-$11
Price-to-rent
20.8x
23.4x
+2.6x

Key takeaways

  • Laurel, Sussex County, DE has a higher-grm screening profile: At 21.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $49 year over year.
  • Rent in Laurel, DE is 2.6% lower than Bridgeville, DE.