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(512) 555-0184TX License #0512847
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Laurel, MD Housing Market & Real Estate
Balanced market-5.0% YoY
Housing market overview · Updated monthly ·
$382,500median sale price
How is the Laurel, MD housing market right now?
The median home sale price in Laurel, MD is $382,500, down 5.0% year-over-year. Homes sell in an average of 39 days with 78 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 market5.2 months of supply39 avg. days on market
Laurel, MD is currently a balanced market, based on 5.2 months of supply and homes selling in about 39 days. How we determine this →
Homes sold
15
Last 12 weeks
Days on market
39
Average pace
Active listings
78
5.2 months supply
Sale-to-list
100.5%
Above asking
What does the Laurel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $382,500 |
| Median list price | $415,000 |
| Year-over-year price change | -5.0% |
| Average days on market | 39 days |
| Active inventory | 78 listings |
| Months of supply | 5.2 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $252/sq ft |
| Homes sold (latest month) | 15 |
| New listings (latest month) | 29 |
| Listings with a price cut | 33.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Laurel by property type?
How the Laurel, MD market breaks down across single-family homes, condos, and townhouses.
| 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 |
Source: Redfin · Updated monthly
The Laurel housing market is currently classified as a balanced market with a median sale price of $382,500. Prices have fallen 5.0% compared to last year, with homes spending an average of 39 days on market, indicating 5.2 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 5.1x provides context for how home values compare to local earning capacity.
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?
Get connected with a local real estate expert — free, no obligation.
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%
Who lives in Laurel?
Population
29,594
Median income
$94,063/yr
Median age
36.6 years
Owner-occupied
43.9%
College grads
44.5%
Avg commute
32.3 min
Source: U.S. Census Bureau ACS
What are homes worth in Laurel?
Zillow home value
$480,750
Zillow rent index
$1,883/mo
Price-to-rent ratio
21.3x
Price-to-income
5.1x
Source: Zillow Research
What is it like to live in Laurel?
Laurel is a community of approximately 30K residents with a median age of 36.6 years.The median household income is $94,063, which reflects a relatively affluent area with strong earning potential. 44.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 43.9%, showing a blend of owner and renter-occupied properties. The average commute time is 32.3 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?
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?
Want a head-to-head view? Compare Laurel side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Laurel?
Is Laurel a good real estate investment market?
For investors evaluating Laurel, the price-to-rent ratio of 21.3x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has softened 5.0% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Laurel's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Laurel's median home price.
Frequently asked questions
What is the average home price in Laurel?
The median home sale price in Laurel is $382,500, down 5.0% from last year.
How long do homes stay on market in Laurel?
Homes typically spend 39 days on market before going under contract.
What is the median income in Laurel?
The median household income is $94,063 per year.
Is Laurel a buyer's or seller's market?
With 5.2 months of supply, Laurel is currently a balanced market.
How many homes are for sale in Laurel?
There are currently 78 homes listed for sale in Laurel, MD.
What is the Zillow home value estimate for Laurel?
The Zillow Home Value Index (ZHVI) for Laurel is $480,750, representing the typical home value in the area.
What is the median condo price in Laurel?
The median condo/co-op sale price in Laurel, MD is $219,765, compared to $672,000 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, MD is $672,000 (about $262 per square foot).
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