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Featured local agent — Laurel, IA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Laurel, IA

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

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

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Laurel, IA Housing Market & Real Estate

Seller's market

Housing market overview · Updated monthly ·

$175,000median sale price

How is the Laurel, IA housing market right now?

The median home sale price in Laurel, IA is $175,000. Homes sell in an average of 34 days with 2 active listings. The market is currently a seller's 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?

Seller's market2.0 months of supply34 avg. days on market

Laurel, IA is currently a seller's market, based on 2.0 months of supply and homes selling in about 34 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

34

Average pace

Active listings

2

2.0 months supply

Sale-to-list

97.3%

Below asking

What does the Laurel housing market data show?

Current housing market statistics for Laurel, IA
MetricValue
Median sale price$175,000
Median list price$129,900
Average days on market34 days
Active inventory2 listings
Months of supply2.0 months
Sale-to-list price ratio97.3%
Median price per sq ft$98/sq ft
Homes sold (latest month)1
New listings (latest month)1
Listings with a price cut50.0%
Market conditionSeller's market

Source: Redfin · Updated monthly

How much do homes cost in Laurel by property type?

How the Laurel, IA 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, IA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$175,000$98/sq ft134 days

Source: Redfin · Updated monthly

The Laurel housing market is currently classified as a seller's market with a median sale price of $175,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 34 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.

Homes for sale in Laurel

There are currently 2 homes listed for sale in Laurel, Iowa. The median listing price is $130K.

Active listings

2

Homes on market

Median list price

$130K

Avg. days on market

34

Days until sale

New this week

1

Newly listed

Price drops:50.0%of listings
Sale-to-list:97.3%

Who lives in Laurel?

Population

221

Median income

$59,167/yr

Median age

51.1 years

Owner-occupied

86.6%

College grads

9.9%

Avg commute

30 min

Source: U.S. Census Bureau ACS

What are homes worth in Laurel?

Zillow home value

$269,165

Price-to-income

4.5x

Source: Zillow Research

What is it like to live in Laurel?

Laurel is a community of approximately 0K residents with a median age of 51.1 years.The median household income is $59,167, which represents a working-class community with solid middle-income opportunities. 9.9% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 86.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 30 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Laurel offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Laurel?

1 schools tracked · 284 students

The largest public schools serving Laurel, IA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

East Marshall Elementary School

Grades PK-5 · 284 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Laurel, IA?

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 $175,000, down 0.0% from last year.

How long do homes stay on market in Laurel?

Homes typically spend 34 days on market before going under contract.

What is the median income in Laurel?

The median household income is $59,167 per year.

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

With 2.0 months of supply, Laurel is currently a seller's market.

What is the Zillow home value estimate for Laurel?

The Zillow Home Value Index (ZHVI) for Laurel is $269,165, representing the typical home value in the area.

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

The median single-family home price in Laurel, IA is $175,000 (about $98 per square foot).

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