20723 Home Values & Market Trends

There are 477 homes currently listed for 20723. 20723 real estate market trends show that home prices range from $154,900 to $1,555,000, and the median sales price in the 20723 zip code is $605,776. The total number of properties sold within the past twelve months is 366. In 20723, 5 properties are in foreclosure, 4 are bank owned properties,and 0 are headed for auction.

20723 Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Laurel

$ 510,435

$ 269/sqft

Laurel

$ 510,435

$ 269/sqft

Laurel

$ 510,435

$ 269/sqft

Housing Market Summary for 20723

Sep 2025September 2026Change
Median Listing Price$615K$624.9K1.61%
Median Sold Price$595.4K$549.5K-7.71%
Homes For Sale29447561.56%
Homes Sold177140-20.90%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 20723

The median list price of a home in Laurel, is $605,776. A total of 477 properties are for sale, and the percentage of properties for sale in the zip code is 477.00%. The total count of 20723 properties is 627.

Foreclosure
There are 3 cities within 20723; within these cities, the median estimated home value for homes in foreclosure ranges from $616,463 in laurel to the lowest value of $226,276 in laurel. Foreclosure homes account for 0.00% of properties in 20723 with laurel containing 32 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.16% of all residential properties in 20723 with laurel containing 9 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 20723; of those cities, the estimated home value for pre-foreclosure homes ranges from $559,000 in laurel to the lowest home value of $226,276 in laurel.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 20723 ranges from the highest value of $530,632 in laurel to the lowest value of $255,738 in laurel. Bank owned homes and properties account for 0.64% of properties in 20723. There are 3 cities within 20723; laurel containing 12 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 20723. Auction homes and other auction properties account for 0% of all properties in 20723. There are 3 cities within 20723; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 76.08% of residential properties in 20723 with laurel containing 1546 homes for sale, the highest number of listed properties in a single city. There are 3 cities within 20723; homes for sale in those cities, have a range of median values from $1,458,534 in laurel to the lowest value of $162,900 in laurel.
    Sold Homes
    The median value for recently sold homes ranges from $1,412,856 in laurel to the lowest price of $156,860 in laurel. There are 3 cities within 20723. laurel has 515 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 22.33% of properties in 20723.

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      Guide for 20723

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.