New Listing
$160,000
610 Main St Apt 413
Laurel, MD 20707
1 bd1 ba606 sqft$264/ft²
Condo
Cheryll March · Bennett Realty Solutions
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Compass Real Estate · Laurel, MD
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Laurel, MD Housing Market
Balanced market-1.8% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Laurel, MD is worth $473,181, fell 1.8% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $382,500, -5.0% year over year (through May 2026). With 5.2 months of supply and homes going under contract in about 39 days, Laurel is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $473,181 home is about $2,526/mo in principal and interest.
Key numbers for Laurel, MD
Typical home value
$473,181
-1.8% in 12 months
Zillow, August 2026
Typical asking rent
$1,975/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$382,500
-5.0% year over year
Redfin, through May 2026
Days on market
39
Average pace
Redfin, through May 2026
Active listings
78
5.2 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$94,063
Home costs 5.0x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.5%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Laurel a buyer's or seller's market?
Balanced market5.2 months of supply39 days on market100.5% of asking
Laurel, MD is a balanced market, based on 5.2 months of supply and homes selling in about 39 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Laurel housing market data show?
Every row below is Redfin's final published month for Laurel, MD. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $382,500 |
| Median list price | $415,000 |
| Year-over-year price change | -5.0% |
| Median price per sq ft | $252/sq ft |
| Median days on market | 39 days |
| Active inventory | 78 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 100.5% |
| Homes sold (that month) | 15 |
| New listings (that month) | 29 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Laurel is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Laurel is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Laurel home prices moved?
Over the last three years the median sale price in Laurel, MD fell 6.7%, from $410,000 to $382,500. The live Zillow value series has fell 1.8% in the last 12 months, which is the more current read now that Redfin's series has stopped. 33.3% of Laurel listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 5.2 months while the sale-to-list ratio slips below its current 100.5%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Laurel?
Priced off the typical home value of $473,181 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $94,636 | $378,545 | $2,526/mo |
| 5% | $23,659 | $449,522 | $3,000/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $2,526, that implies roughly $108,261 a year before you add taxes and insurance. The median household in Laurel earns $94,063, about $14,198 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.0x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Laurel in the next 12 months?
Tell us your timeline. We send the Laurel market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Laurel?
Typical asking rent in Laurel, MD is $1,975/mo, against a typical home value of $473,181. That is a price-to-rent ratio of 20.0x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $2,526 a month — $551 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Laurel?
Active listings in Laurel, MD went from 68 in May 2025 to 78 in May 2026, a +14.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 62 | 28 |
| July 2025 | 70 | 30 |
| August 2025 | 73 | 31 |
| September 2025 | 71 | 21 |
| October 2025 | 67 | 21 |
| November 2025 | 71 | 27 |
| December 2025 | 58 | 13 |
| January 2026 | 67 | 29 |
| February 2026 | 64 | 24 |
| March 2026 | 61 | 31 |
| April 2026 | 75 | 45 |
| May 2026 | 78 | 29 |
Redfin, through May 2026
How does Laurel compare to Maryland and the U.S.?
Laurel homes sell for $382,500 — 20% below the Maryland median of $477,300. Against the national median of $410,700, Laurel runs 7% lower. Year-over-year, Laurel moved -5.0% against Maryland's +5.5% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Laurel, MD | $382,500 | -5.0% | 39 days |
| Maryland statewide | $477,300 | +5.5% | 34 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Laurel
What buyers should watch
- Months of supply, currently 5.2. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 33.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $474 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $473,181 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Laurel listing goes under contract in 39 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.5% of asking. Price at the number you want and let competition do the rest.
- In the last published month Laurel added 29 new listings against 15 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -1.8% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Laurel varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Laurel
There are currently 78 homes listed for sale in Laurel, Maryland. The median listing price is $415K. Featured listings range from $160,000 to $1,350,000.
New Listing
27
$350,000
3451 Lindenwood Dr
Laurel, MD 20724
2 bd3 ba1,392 sqft$251/ft²
Townhouse1,359 sqft lot
Patricia Smallwood · Maryland Real Estate Network
View photos & details
New Listing
$375,000
1019 Marton St
Laurel, MD 20707
3 bd2 ba958 sqft$391/ft²
House6,000 sqft lot
Maria Estrada Molina · Smart Realty, LLC
View photos & details
New BuildPrice Drop −$1K
14
$499,990
9964B Count Fleet Cres
Laurel, MD 20723
3 bd2 ba2,407 sqft$208/ft²
Condo
View photos & details
New Build
$516,130
507 Crossvine Ln
Laurel, MD 20724
3 bd4 ba1,563 sqft$330/ft²
Townhouse
View photos & details
New Build
32
$531,390
7256 Contee Rd
Laurel, MD 20707
3 bd2 ba2,182 sqft$244/ft²
Townhouse
View photos & details
New Build
14
$540,990
9990 Justify Run Unit B
Laurel, MD 20723
3 bd2 ba2,418 sqft$224/ft²
Condo
View photos & details
New Build
22
$597,805
501 Crossvine Ln
Laurel, MD 20724
3 bd4 ba1,948 sqft$307/ft²
Townhouse
View photos & details
New BuildPrice Drop −$16K
15
$624,990
1358 Crested Wood Dr
Laurel, MD 20724
3 bd2 ba2,663 sqft$235/ft²
Townhouse
View photos & details
New Build
$681,345
1148 Crested Wood Dr
Laurel, MD 20724
3 bd3 ba2,354 sqft$289/ft²
Townhouse
View photos & details
New Build
$709,418
1142 Crested Wood Dr
Laurel, MD 20724
3 bd3 ba2,696 sqft$263/ft²
Townhouse
View photos & details
New Listing
9
$1,350,000
8739 Weathered Stone Way
Laurel, MD 20723
7 bd6 ba6,083 sqft$222/ft²
House11,929 sqft lot
Awinash Tuckley · Maryland Premiere Properties LLC
View photos & details
Looking to buy in Laurel?
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Active listings
78
Homes on market
Median list price
$415K
Avg. days on market
39
Days until sale
New this week
29
Newly listed
Price drops:33.3%of listings
Sale-to-list:100.5%
How much do homes cost in Laurel by property type?
How the Laurel, MD market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $672,000 | $262/sq ft | 3 | 68 days |
| Condo / co-op | $219,765 | $256/sq ft | 2 | 130 days |
| Townhouse | $382,500 | $245/sq ft | 9 | 30 days |
Who lives in Laurel?
American Community Survey estimates for Laurel. U.S. Census ACS, 2023
Population
29,594
Households
11,844
Median income
$94,063/yr
Median age
36.6 years
Owner-occupied
43.9%
Median home value
$367,300
Median gross rent
$1,878/mo
Mean commute
32.3 min
43.9% of occupied homes in Laurel are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $367,300 against Zillow's $473,181 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,878/mo, below Zillow's $1,975/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Laurel?
20 schools tracked · 14,033 students
The largest public schools serving Laurel, MD 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.
Laurel High
Grades 9-12 · 2,179 students
Chesapeake Math and IT Public Charter
Grades K-12 · 1,686 students
Dwight D. Eisenhower Middle
Grades 6-8 · 1,033 students
Monarch Global Academy PCS Laurel Campus
Grades K-8 · 832 students
Hammond Elementary
Grades K-5 · 739 students
Gorman Crossing Elementary
Grades PK-5 · 728 students
Forest Ridge Elementary
Grades PK-5 · 679 students
Murray Hill Middle
Grades 6-8 · 600 students
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, MD?
Ordered by distance from Laurel, not by size. Compare Laurel side by side with any of them.
Which ZIP codes are in Laurel?
These are the ZIP codes we see on active Laurel listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.
Laurel housing market FAQ
Is Laurel a buyer's or seller's market?
Laurel, MD is currently a balanced market. That read comes from 5.2 months of supply, homes going under contract in about 39 days, and sellers getting 100.5% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Laurel?
The typical home in Laurel, MD is worth $473,181 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $382,500, about $252 per square foot.
Is Laurel cheaper than the rest of Maryland?
Laurel's median sale price of $382,500 is 20% lower than the Maryland statewide median of $477,300, and 7% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Laurel?
Homes in Laurel, MD spent a median of 39 days on market before going under contract, versus 34 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Laurel?
At the current 30-year fixed rate of 7.03%, 20% down on a $473,181 home is about $2,526 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $108,261 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $94,063.
Are home prices rising in Laurel?
The typical home value in Laurel, MD fell 1.8% over the last 12 months, from $481,970 to $473,181 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Laurel?
Laurel ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Laurel?
That depends on your timeline, not on a headline. What the data says today: Laurel, MD is a balanced market with 5.2 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 20.0x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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