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Featured local agent — Laurel Park, VA
Sarah Mitchell
Compass Real Estate · Laurel Park, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Laurel Park, VA Housing Market
The last median sale price Redfin published was $180,000 (through May 2026). With 1.0 months of supply and homes going under contract in about 50 days, Laurel Park is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $180,000 home is about $961/mo in principal and interest.
Key numbers for Laurel Park, VA
Median sale price
$180,000
Last published period
Redfin, through February 2026
Days on market
50
Average pace
Redfin, through February 2026
Active listings
1
1.0 months of supply
Redfin, through February 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$38,621
Home costs 4.7x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.8%
Selling below asking
Redfin, through February 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Laurel Park a buyer's or seller's market?
Laurel Park, VA is a seller's market, based on 1.0 months of supply and homes selling in about 50 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Laurel Park housing market data show?
Every row below is Redfin's final published month for Laurel Park, VA. Redfin, through February 2026
| Metric | Value |
|---|---|
| Median sale price | $180,000 |
| Median price per sq ft | $136/sq ft |
| Median days on market | 50 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 94.8% |
| Homes sold (that month) | 1 |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Laurel Park is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Laurel Park is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Laurel Park home prices moved?
Across the 13 months we hold for Laurel Park, VA, the median sale price rose 133.8%, from $77,000 in June 2021 to $180,000. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 94.8%. Watch those two together — they move before the median does.
Redfin, through February 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Laurel Park?
Priced off the median sale price of $180,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $36,000 | $144,000 | $961/mo |
| 5% | $9,000 | $171,000 | $1,141/mo |
Redfin, through February 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $961, that implies roughly $41,183 a year before you add taxes and insurance. The median household in Laurel Park earns $38,621, about $2,562 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 4.7x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Laurel Park in the next 12 months?
Tell us your timeline. We send the Laurel Park market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Laurel Park?
Zillow does not publish a rent index (ZORI) for Laurel Park, VA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Laurel Park?
Active listings in Laurel Park, VA went from 3 in June 2021 to 1 in February 2026, a -66.7% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| June 2021 | 3 | 2 |
| August 2021 | 3 | 1 |
| September 2021 | 1 | not published |
| August 2022 | 1 | 2 |
| September 2022 | 2 | 1 |
| October 2022 | 1 | not published |
| February 2023 | 1 | not published |
| July 2023 | 1 | not published |
| August 2023 | 1 | 1 |
| February 2026 | 1 | not published |
Redfin, through February 2026
How does Laurel Park compare to Virginia and the U.S.?
Laurel Park homes sell for $180,000 — 64% below the Virginia median of $499,300. Against the national median of $410,700, Laurel Park runs 56% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Laurel Park, VA | $180,000 | not published | 50 days |
| Virginia statewide | $499,300 | +3.9% | 28 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through February 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Laurel Park
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $180 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $180,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Laurel Park listing goes under contract in 50 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Laurel Park varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Laurel Park
There are currently 1 homes listed for sale in Laurel Park, Virginia.
Active listings
1
Homes on market
Avg. days on market
50
Days until sale
How much do homes cost in Laurel Park by property type?
How the Laurel Park, VA market breaks down across single-family homes, condos and townhouses. Redfin, through February 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $180,000 | $136/sq ft | 1 | 50 days |
Who lives in Laurel Park?
American Community Survey estimates for Laurel Park. U.S. Census ACS, 2023
Population
843
Households
346
Median income
$38,621/yr
Median age
41.1 years
Owner-occupied
74.0%
Median home value
$139,500
Mean commute
36.2 min
74.0% of occupied homes in Laurel Park are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Laurel Park, VA?
Ordered by distance from Laurel Park, not by size. Compare Laurel Park side by side with any of them.
Laurel Park housing market FAQ
Is Laurel Park a buyer's or seller's market?
Laurel Park, VA is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 50 days, and sellers getting 94.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Laurel Park?
The median sale price in the last month Redfin published was $180,000, about $136 per square foot.
Is Laurel Park cheaper than the rest of Virginia?
Laurel Park's median sale price of $180,000 is 64% lower than the Virginia statewide median of $499,300, and 56% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Laurel Park?
Homes in Laurel Park, VA spent a median of 50 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Laurel Park?
At the current 30-year fixed rate of 7.03%, 20% down on a $180,000 home is about $961 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $41,183 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $38,621.
Are home prices rising in Laurel Park?
We do not hold a complete 12-month value series for Laurel Park, VA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Laurel Park?
Laurel Park ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Laurel Park?
That depends on your timeline, not on a headline. What the data says today: Laurel Park, VA is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $180,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.