Brokers — List your Company Here
Featured local agent — Laurel, MT
Sarah Mitchell
Compass Real Estate · Laurel, MT
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Laurel, MT Housing Market & Real Estate
Housing market overview · Updated monthly ·
$347,400median sale price
How is the Laurel, MT housing market right now?
The median home sale price in Laurel, MT is $347,400, up 2.2% year-over-year. Homes sell in an average of 54 days with 23 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?
Laurel, MT is currently a seller's market, based on 1.9 months of supply and homes selling in about 54 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
54
Average pace
Active listings
23
1.9 months supply
Sale-to-list
—
Below asking
What does the Laurel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $347,400 |
| Median list price | $290,000 |
| Year-over-year price change | +2.2% |
| Average days on market | 54 days |
| Active inventory | 23 listings |
| Months of supply | 1.9 months |
| Median price per sq ft | $205/sq ft |
| Homes sold (latest month) | 12 |
| New listings (latest month) | 11 |
| Listings with a price cut | 26.1% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Laurel by property type?
How the Laurel, MT market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $354,900 | $202/sq ft | 11 | 54 days |
| Townhouse | $235,000 | $216/sq ft | 1 | 137 days |
Source: Redfin · Updated monthly
The Laurel housing market is currently classified as a seller's market with a median sale price of $347,400. Prices have risen 2.2% compared to last year, with homes spending an average of 54 days on market, indicating 1.9 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 5.8x provides context for how home values compare to local earning capacity.
Homes for sale in Laurel
There are currently 23 homes listed for sale in Laurel, Montana. The median listing price is $290K.
Active listings
23
Homes on market
Median list price
$290K
Avg. days on market
54
Days until sale
New this week
11
Newly listed
Who lives in Laurel?
Population
7,198
Median income
$66,382/yr
Median age
36.6 years
Owner-occupied
57.4%
College grads
20.1%
Avg commute
18.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Laurel?
Zillow home value
$382,650
Zillow rent index
$1,286/mo
Price-to-rent ratio
24.8x
Price-to-income
5.8x
Source: Zillow Research
What is it like to live in Laurel?
Laurel is a community of approximately 7K residents with a median age of 36.6 years.The median household income is $66,382, which represents a working-class community with solid middle-income opportunities. 20.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.4%, showing a blend of owner and renter-occupied properties. The average commute time is 18.1 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 public schools serve Laurel?
5 schools tracked · 1,813 students
The largest public schools serving Laurel, MT 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 School
Grades 9-12 · 609 students
Laurel Middle School
Grades 5-8 · 551 students
West School
Grades 1-2 · 264 students
Fred W Graff School
Grades 3-4 · 237 students
South School
Grades PK-K · 152 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, MT?
Want a head-to-head view? Compare Laurel side-by-side with any other U.S. city using our market-comparison tool.
Is Laurel a good real estate investment market?
For investors evaluating Laurel, the price-to-rent ratio of 24.8x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 2.2% year-over-year, reflecting ongoing demand and value growth.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 $347,400, up 2.2% from last year.
How long do homes stay on market in Laurel?
Homes typically spend 54 days on market before going under contract.
What is the median income in Laurel?
The median household income is $66,382 per year.
Is Laurel a buyer's or seller's market?
With 1.9 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 $382,650, 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, MT is $354,900 (about $202 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Laurel, MT
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Laurel market alerts
Weekly updates on prices, inventory, and trends. Free forever.