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Featured local agent — Laurel, VA
Sarah Mitchell
Compass Real Estate · Laurel, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Laurel, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$353,008median sale price
How is the Laurel, VA housing market right now?
The median home sale price in Laurel, VA is $353,008, down 11.5% year-over-year. Homes sell in an average of 6 days with 17 active listings. The market is currently a strong 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, VA is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 6 days. How we determine this →
Homes sold
25
Last 12 weeks
Days on market
6
Fast-moving
Active listings
17
0.7 months supply
Sale-to-list
102.2%
Above asking
What does the Laurel housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $353,008 |
| Median list price | $347,500 |
| Year-over-year price change | -11.5% |
| Average days on market | 6 days |
| Active inventory | 17 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 102.2% |
| Median price per sq ft | $230/sq ft |
| Homes sold (latest month) | 25 |
| New listings (latest month) | 20 |
| Listings with a price cut | 35.3% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Laurel by property type?
How the Laurel, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $371,250 | $258/sq ft | 16 | 5 days |
| Condo / Co-op | $201,500 | $221/sq ft | 2 | 5 days |
| Townhouse | $320,000 | $223/sq ft | 7 | 18 days |
Source: Redfin · Updated monthly
The Laurel housing market is currently classified as a strong seller's market with a median sale price of $353,008. Prices have fallen 11.5% compared to last year, with homes spending an average of 6 days on market, indicating 0.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Laurel
There are currently 17 homes listed for sale in Laurel, Virginia. The median listing price is $348K.
Active listings
17
Homes on market
Median list price
$348K
Avg. days on market
6
Days until sale
New this week
20
Newly listed
Who lives in Laurel?
Population
18,180
Median income
$69,932/yr
Median age
34.9 years
Owner-occupied
50.9%
College grads
27.4%
Avg commute
20.8 min
Source: U.S. Census Bureau ACS
What is it like to live in Laurel?
Laurel is a community of approximately 18K residents with a median age of 34.9 years.The median household income is $69,932, which represents a working-class community with solid middle-income opportunities. 27.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 50.9%, showing a blend of owner and renter-occupied properties. The average commute time is 20.8 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, VA?
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 $353,008, down 11.5% from last year.
How long do homes stay on market in Laurel?
Homes typically spend 6 days on market before going under contract.
What is the median income in Laurel?
The median household income is $69,932 per year.
Is Laurel a buyer's or seller's market?
With 0.7 months of supply, Laurel is currently a strong seller's market.
What is the median condo price in Laurel?
The median condo/co-op sale price in Laurel, VA is $201,500, compared to $371,250 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, VA is $371,250 (about $258 per square foot).
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