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Featured local agent — Laurel Hill, VA
Sarah Mitchell
Compass Real Estate · Laurel Hill, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Laurel Hill, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$850,000median sale price
How is the Laurel Hill, VA housing market right now?
The median home sale price in Laurel Hill, VA is $850,000, down 13.6% year-over-year. Homes sell in an average of 13 days with 14 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 Hill a buyer's or seller's market?
Laurel Hill, VA is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 13 days. How we determine this →
Homes sold
10
Last 12 weeks
Days on market
13
Fast-moving
Active listings
14
1.4 months supply
Sale-to-list
101.7%
Above asking
What does the Laurel Hill housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $850,000 |
| Median list price | $735,125 |
| Year-over-year price change | -13.6% |
| Average days on market | 13 days |
| Active inventory | 14 listings |
| Months of supply | 1.4 months |
| Sale-to-list price ratio | 101.7% |
| Median price per sq ft | $322/sq ft |
| Homes sold (latest month) | 10 |
| New listings (latest month) | 10 |
| Listings with a price cut | 21.4% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Laurel Hill by property type?
How the Laurel Hill, 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 | $1.11M | $287/sq ft | 5 | 4 days |
| Condo / Co-op | $458,500 | $342/sq ft | 2 | 29 days |
| Townhouse | $745,000 | $307/sq ft | 3 | 7 days |
Source: Redfin · Updated monthly
The Laurel Hill housing market is currently classified as a strong seller's market with a median sale price of $850,000. Prices have fallen 13.6% compared to last year, with homes spending an average of 13 days on market, indicating 1.4 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 Hill
There are currently 14 homes listed for sale in Laurel Hill, Virginia. The median listing price is $735K.
Active listings
14
Homes on market
Median list price
$735K
Avg. days on market
13
Days until sale
New this week
10
Newly listed
Who lives in Laurel Hill?
Population
7,551
Median income
$139,803/yr
Median age
40 years
Owner-occupied
78.0%
College grads
60.9%
Avg commute
32.7 min
Source: U.S. Census Bureau ACS
What is it like to live in Laurel Hill?
Laurel Hill is a community of approximately 8K residents with a median age of 40 years.The median household income is $139,803, which reflects a relatively affluent area with strong earning potential. 60.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 78.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.7 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Laurel Hill offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Laurel Hill, VA?
Want a head-to-head view? Compare Laurel Hill 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 Hill?
The median home sale price in Laurel Hill is $850,000, down 13.6% from last year.
How long do homes stay on market in Laurel Hill?
Homes typically spend 13 days on market before going under contract.
What is the median income in Laurel Hill?
The median household income is $139,803 per year.
Is Laurel Hill a buyer's or seller's market?
With 1.4 months of supply, Laurel Hill is currently a strong seller's market.
What is the median condo price in Laurel Hill?
The median condo/co-op sale price in Laurel Hill, VA is $458,500, compared to $1.11M for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Laurel Hill?
The median single-family home price in Laurel Hill, VA is $1.11M (about $287 per square foot).
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