South Laurel, MD

Balanced market-31.5% YoY

Housing market overview · Updated weekly

$399,000median sale price

Homes sold

7

Last 12 weeks

Days on market

95

Average pace

Active listings

31

4.4 months supply

Sale-to-list

106.9%

Above asking

The South Laurel housing market is currently classified as a balanced market with a median sale price of $399,000. Prices have fallen 31.5% compared to last year, with homes spending an average of 95 days on market, indicating 4.4 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 South Laurel

There are currently 31 homes listed for sale in South Laurel, Maryland. The median listing price is $497K.

Active listings

31

Homes on market

Median list price

$497K

Avg. days on market

95

Days until sale

New this week

10

Newly listed

Price drops:12.9%of listings
Sale-to-list:106.9%

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Frequently asked questions

What is the average home price in South Laurel?

The median home sale price in South Laurel is $399,000, down 31.5% from last year.

How long do homes stay on market in South Laurel?

Homes typically spend 95 days on market before going under contract.

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

With 4.4 months of supply, South Laurel is currently a balanced market.

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