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Featured local agent — Laurel, NY
Sarah Mitchell
Compass Real Estate · Laurel, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Laurel, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$740,000median sale price
How is the Laurel, NY housing market right now?
The median home sale price in Laurel, NY is $740,000, down 35.6% year-over-year. Homes sell in an average of 162 days with 10 active listings. The market is currently a leaning buyer's. (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, NY is currently a leaning buyer's, based on 3.3 months of supply and homes selling in about 162 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
162
Average pace
Active listings
10
3.3 months supply
Sale-to-list
95.9%
Below asking
What does the Laurel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $740,000 |
| Median list price | $1.60M |
| Year-over-year price change | -35.6% |
| Average days on market | 162 days |
| Active inventory | 10 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 95.9% |
| Median price per sq ft | $514/sq ft |
| Homes sold (latest month) | 3 |
| New listings (latest month) | 3 |
| Listings with a price cut | 40.0% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Laurel by property type?
How the Laurel, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $740,000 | $514/sq ft | 3 | 162 days |
Source: Redfin · Updated monthly
The Laurel housing market is currently classified as a leaning buyer's with a median sale price of $740,000. Prices have fallen 35.6% compared to last year, with homes spending an average of 162 days on market, indicating 3.3 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 8.1x provides context for how home values compare to local earning capacity.
Homes for sale in Laurel
There are currently 10 homes listed for sale in Laurel, New York. The median listing price is $1.6M.
Active listings
10
Homes on market
Median list price
$1.6M
Avg. days on market
162
Days until sale
New this week
3
Newly listed
Who lives in Laurel?
Population
1,340
Median income
$126,776/yr
Median age
51.5 years
Owner-occupied
82.4%
College grads
55.8%
Avg commute
26.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Laurel?
Zillow home value
$1.02M
Price-to-income
8.1x
Source: Zillow Research
What is it like to live in Laurel?
Laurel is a community of approximately 1K residents with a median age of 51.5 years.The median household income is $126,776, which reflects a relatively affluent area with strong earning potential. 55.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 82.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.4 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 cities are near Laurel, NY?
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 $740,000, down 35.6% from last year.
How long do homes stay on market in Laurel?
Homes typically spend 162 days on market before going under contract.
What is the median income in Laurel?
The median household income is $126,776 per year.
Is Laurel a buyer's or seller's market?
With 3.3 months of supply, Laurel is currently a leaning buyer's.
What is the Zillow home value estimate for Laurel?
The Zillow Home Value Index (ZHVI) for Laurel is $1.02M, 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, NY is $740,000 (about $514 per square foot).
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