Laurel Springs, Alleghany County, NC

Median Home Price Price

$273,042 $273K

Median Monthly Rent Rent

$990 $990

23.0x

Market Snapshot

Laurel Springs, Alleghany County, NC is a city market with a median home price of $273,042, a median monthly rent of $990, a GRM of 23.0x, and a price-to-rent ratio of 23.0.

More markets to explore

01 Sparta, Alleghany County, NC
Top recommendation Nearby alternative Higher GRM Lower price Lower rent
High confidence
Price $240.3K
Rent $820
GRM 24.0x
Explore the data
Region Show
Sparta
$240K $820 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
La Grange, Lenoir County, NC
$168K $1.0K 14.0x
Reidsville, Rockingham County, NC
$200K $955 18.0x
North Wilkesboro, Wilkes County, NC
$201K $831 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Magazine, Logan County, AR Explore deeper
$170K $964 15.0x
Three Lakes, Oneida County, WI
$389K $960 34.0x
Union Grove, Marshall County, AL
$249K $1.0K 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Laurel Springs

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Benchmark comparison

Rent in Laurel Springs, NC is 20.7% higher than Sparta, NC.

Compare to Sparta, NC
Laurel Springs, NC
Sparta, NC
Delta
Median rent
$990
$820
-$170
Median price
$273,042
$240,293
-$32,749
YoY change
+$33
+$42
+$9
Price-to-rent
23.0x
24.4x
+1.4x

Key takeaways

  • Laurel Springs, Alleghany County, NC has a higher-grm screening profile: At 23.0x 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 $33 year over year.
  • Rent in Laurel Springs, NC is 20.7% higher than Sparta, NC.