Market Overview
Home Prices in Laurel Park, NC
The median home value in Laurel Park, NC is $520,632 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.2% compared to a year ago and down 0.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Laurel Park are priced27% above average. Laurel Park is part of the Asheville, NC metro area.
Over the past five years, Laurel Park home values have risen by approximately26.9%, reflecting strong long-term appreciation in this market.
Price History
Laurel Park Home Price Trend
City Comparison
Laurel Park vs. National Median
At $520,632, homes in Laurel Park cost 27% above the national median of $410,000. Buyers in Laurel Park should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Laurel Park?
20% Down Payment
$104,126
on $520,632
Monthly P&I
$2,715/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,448/mo
incl. taxes & insurance
Income Needed
$137,920
gross annual (30% rule)
10% Down Option
$52,063
+ PMI applies
Loan Amount (20% dn)
$416,506
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Laurel Park, NC?
The median home value in Laurel Park is $520,632 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.2% year-over-year.
How much have home prices changed in Laurel Park?
Over the past year, home values in Laurel Park have decreased by 1.2%. Over five years, prices have risen approximately 26.9%.
How much do I need to earn to buy a home in Laurel Park?
To comfortably afford the median home price of $520,632 with a 20% down payment ($104,126) at today's rates (6.8%), you'd need a gross annual income of approximately $137,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Laurel Park compare to the national average home price?
The national median home value is approximately $410,000. At $520,632, homes in Laurel Park are 27% above the national average.
What metro area is Laurel Park part of?
Laurel Park is part of the Asheville, NC metropolitan area. Home prices and market conditions can vary across the broader metro region.