Laurel, MD Home Values & Market Trends
Real estate market trends reflect that there have been 1,384 transactions over the past year in Laurel. The median value for residential home transactions that occurred over the previous year is $510,435. The number of current listings in Laurel is 1,546, and the percentage of properties for sale in the city is 1546.00%. Laurel, MD currently has 32 properties in foreclosure, 12 bank owned properties, 11 properties headed for auction, and 1,546 properties for sale.
Laurel, MD Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 20707 | $ 426,985 $ 272/sqft | 20724 | $ 509,110 $ 268/sqft |
| 20707 | $ 426,985 $ 272/sqft | 20724 | $ 509,110 $ 268/sqft |
| 20707 | $ 426,985 $ 272/sqft | 20724 | $ 509,110 $ 268/sqft |
| 20723 | $ 605,776 $ 274/sqft | 20708 | $ 526,822 $ 255/sqft |
| 20723 | $ 605,776 $ 274/sqft | 20708 | $ 526,822 $ 255/sqft |
| 20723 | $ 605,776 $ 274/sqft | 20708 | $ 526,822 $ 255/sqft |
Housing Market Summary for Laurel, MD
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $515K | $515K | -0.00% |
| Median Sold Price | $502K | $397.3K | -20.85% |
| Homes For Sale | 875 | 1,512 | 72.80% |
| Homes Sold | 453 | 531 | 17.22% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in Laurel, MD
Browse Homes in Laurel, MD
Laurel home values range from $156,860 to $1,458,534. The median estimated value of a home in Laurel is $510,435. The median list price of a home is 517,450, and the total count of properties in the city is 2,125.
- Pre-ForeclosurePre-foreclosure homes account for 0.42% of all residential properties in Laurel, MD with 20707 containing 6 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 12 zips within Laurel, MD; of those zips, the estimated home value for pre-foreclosure homes ranges from $426,511 in 20723 to the lowest home value of $226,276 in 20708.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Laurel, MD ranges from the highest value of $449,900 in 20708 to the lowest value of $255,738 in 20723. Bank owned homes and properties account for 0.56% of properties in Laurel, MD. There are 12 zips within Laurel, MD; 20723 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions20707 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Laurel, MD. Auction homes and other auction properties account for 0.52% of all properties in Laurel, MD. There are 12 zips within Laurel, MD; of those zips, the median estimated home value for homes going to auction ranges from $434,026 in 20724 to the lowest value of $264,132 in 20724.
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Guide for Laurel, MD
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
