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Featured local agent — Laurel, FL

Sarah Mitchell

CNESRESABR

Compass Real Estate · Laurel, FL

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Laurel, FL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Laurel, FL Housing Market & Real Estate

Balanced market-11.9% YoY

Housing market overview · Updated monthly ·

$500,000median sale price

How is the Laurel, FL housing market right now?

The median home sale price in Laurel, FL is $500,000, down 11.9% year-over-year. Homes sell in an average of 67 days with 146 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Laurel a buyer's or seller's market?

Balanced market2.5 months of supply67 avg. days on market

Laurel, FL is currently a balanced market, based on 2.5 months of supply and homes selling in about 67 days. How we determine this →

Homes sold

59

Last 12 weeks

Days on market

67

Average pace

Active listings

146

2.5 months supply

Sale-to-list

95.0%

Below asking

What does the Laurel housing market data show?

Current housing market statistics for Laurel, FL
MetricValue
Median sale price$500,000
Median list price$595,951
Year-over-year price change-11.9%
Average days on market67 days
Active inventory146 listings
Months of supply2.5 months
Sale-to-list price ratio95.0%
Median price per sq ft$253/sq ft
Homes sold (latest month)59
New listings (latest month)37
Listings with a price cut29.4%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Laurel by property type?

How the Laurel, FL market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Laurel, FL
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$510,000$263/sq ft5167 days
Condo / Co-op$690,000$262/sq ft144 days
Townhouse$285,000$208/sq ft7102 days

Source: Redfin · Updated monthly

The Laurel housing market is currently classified as a balanced market with a median sale price of $500,000. Prices have fallen 11.9% compared to last year, with homes spending an average of 67 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Laurel

There are currently 146 homes listed for sale in Laurel, Florida. The median listing price is $596K.

Active listings

146

Homes on market

Median list price

$596K

Avg. days on market

67

Days until sale

New this week

37

Newly listed

Price drops:29.4%of listings
Sale-to-list:95.0%

Who lives in Laurel?

Population

11,868

Median income

$89,282/yr

Median age

62.9 years

Owner-occupied

87.9%

College grads

41.9%

Avg commute

24 min

Source: U.S. Census Bureau ACS

What is it like to live in Laurel?

Laurel is a community of approximately 12K residents with a median age of 62.9 years.The median household income is $89,282, which reflects a relatively affluent area with strong earning potential. 41.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 87.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 24 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Laurel offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Laurel, FL?

Want a head-to-head view? Compare Laurel side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Laurel?

The median home sale price in Laurel is $500,000, down 11.9% from last year.

How long do homes stay on market in Laurel?

Homes typically spend 67 days on market before going under contract.

What is the median income in Laurel?

The median household income is $89,282 per year.

Is Laurel a buyer's or seller's market?

With 2.5 months of supply, Laurel is currently a balanced market.

What is the median condo price in Laurel?

The median condo/co-op sale price in Laurel, FL is $690,000, compared to $510,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Laurel?

The median single-family home price in Laurel, FL is $510,000 (about $263 per square foot).

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