Laurel, MD housing market
The typical Laurel home is worth about $473,000, down 0.7% in a year, 10% above the Maryland typical home. Homes typically sell in 39 days, a little above asking.
Home values, sales, trends and how Laurel compares with the towns next door — updated as new data is published.
Laurel at a glance
A balanced market
About 5.2 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Laurel | Maryland |
|---|---|---|
| 2017 | $322,000 | $290,000 |
| 2018 | $336,000 | $301,000 |
| 2019 | $345,000 | $310,000 |
| 2020 | $358,000 | $322,000 |
| 2021 | $390,000 | $349,000 |
| 2022 | $426,000 | $384,000 |
| 2023 | $441,000 | $398,000 |
| 2024 | $457,000 | $412,000 |
| 2025 | $474,000 | $427,000 |
| 2026 | $476,000 | $429,000 |
| August 2026 | $473,000 | $428,000 |
112 new homes permitted in 2025
Builders were permitted 112 new homes in Laurel in 2025, all single-family houses, worth about $37.3 million to build. That's 3.8 per 1,000 residents, faster than across Maryland (2.4). Over the past 10 years, Laurel has permitted 882 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Laurel gained 4,945 residents while 226 new homes were permitted: about 22 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Maryland: 2.5 new residents per new home.
How Laurel ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 33 | 33 | 0 | $13.7 million |
| 2025 | 112 | 112 | 0 | $37.3 million |
| 2024 | 32 | 32 | 0 | $17.7 million |
| 2023 | 208 | 208 | 0 | $56.3 million |
| 2022 | 222 | 165 | 57 | $67 million |
| 2021 | 125 | 11 | 114 | $35.8 million |
| 2020 | 27 | 22 | 5 | $7.3 million |
| 2019 | 40 | 30 | 10 | $11.6 million |
| 2018 | 53 | 35 | 18 | $10.5 million |
| 2017 | 47 | 39 | 8 | $13.2 million |
| 2016 | 16 | 16 | 0 | $4.4 million |
| 2015 | 1 | 1 | 0 | $269,000 |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 21 | 21 | 0 | $7.7 million |
| 2012 | 20 | 20 | 0 | $5.5 million |
| 2011 | 1 | 1 | 0 | $316,000 |
| 2010 | 27 | 22 | 5 | $3.1 million |
| 2009 | 69 | 55 | 14 | $13.6 million |
| 2008 | 44 | 44 | 0 | $13.3 million |
| 2007 | 539 | 88 | 451 | $56.7 million |
| 2006 | 93 | 93 | 0 | $22 million |
| 2005 | 111 | 111 | 0 | $22.2 million |
| 2004 | 35 | 35 | 0 | $7.4 million |
| 2003 | 213 | 211 | 2 | $45.7 million |
| 2002 | 41 | 41 | 0 | $5.7 million |
| 2001 | 44 | 44 | 0 | $5.1 million |
| 2000 | 30 | 30 | 0 | $3 million |
How Laurel ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Laurel and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Laurel | $473K | −0.7% | $2,250 | 112 | $100,504 |
| Maryland City | — | −17.4%† | $2,610 | — | $117,337 |
| Konterra | — | +5.3%† | $2,190 | — | $130,000 |
| South Laurel | — | −1.5%† | $2,150 | — | $88,933 |
| North Laurel | — | +2.8%† | $2,320 | — | $122,949 |
| West Laurel | — | +7.5%† | $2,260 | — | $164,688 |
† FHFA price index change, where Zillow has no home value for the town.
4.7 years of income
The typical Laurel home costs about 4.7 years of the town's median household income, more than across Maryland (4.1 years).
How Laurel ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $2,250
HUD's Fair Market Rent for a two-bedroom in Laurel is $2,250 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Laurel pay a median of $1,873, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.
Studio $1,960 · 4 bedrooms $3,340
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (20707, 20708; Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Laurel
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.