Photo: Adavidb at English Wikipedia · CC BY-SA 3.0238 homes sold in Laurel in the last year, at a typical $399K
Most homes sold are condos. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Laurel homes are listed.
Every place Laurel homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Laurel.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
17% of Laurel’s sales are condos, at $274K less than a house
65 houses and 40 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 65 sold in 12 months
- Per square foot
- $267MD $239
- Days to sell
- 49
- Sold over asking
- 32%
- Listings with a price cut
- 24%
typical sale · 40 sold in 12 months
- Per square foot
- $266MD $234
- Days to sell
- 80
- Sold over asking
- 23%
- Listings with a price cut
- 28%
Multi-family (2–4 units): 2 sold, typical $468K
Townhouses: 132 sold, typical $407K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at twice the 2016 price
238 sales in the last year, against 456 in 2021 and a low of 230 in 2025. The typical sale went from $206K in 2016 to $399K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Laurel
Check a listing against what Laurel homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Laurel are rarer than before the pandemic, with about as many homes for sale
We read every month of Laurel’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 238 sales.
If you’re buying in Laurel
- Shop in March. It brings about 38 new listings a month, close to the busiest month, with fewer bidding wars (36% over asking).
- Less room to haggle. Only 24% of listings cut their price, against 27% before the pandemic.
- Bid near asking. Buyers paid 99.6% of the list price on average; 29% paid over.
- You’ll usually have time. Only 33% of homes go under contract within two weeks; the typical one takes 56 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 41 a month), but June is the most competitive: 45% of June sales close over asking. March and April offer nearly as much choice with fewer homes bid up (36%). January has the least competition (32%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Maryland
| Laurel now | 2017–19 | 2021 peak | MD now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 29% | 36% | 47% | 34% |
| Gone within two weeksShare of homes under contract within 14 days | 33% | 37% | 58% | 41% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | 27% | 20% | 27% |
| Price paid vs. askingAverage sale price ÷ list price | 99.6% | 99.8% | 101.4% | 99.8% |
| Days to sellMedian days from listing to contract | 56 | 27 | 24 | 43 |
68 homes for sale on a typical day
That’s 1.6 times the 2023 low (42), 14% more than in 2017–19 and well under 2012’s 115.
1 in 4 listings has cut its price
24% in the last year, against 27% in 2017–19 and 27% across Maryland.
Since 2019, houses are up 48%, condos 44%
A house typically sold for $505K in the last year (65 sales), a condo for $230K (40).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Laurel ranks 138th of 185 busy Maryland markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Laurel is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Laurel home costs about $2,474 a month
Price: Laurel’s typical sale, last 12 months. Property tax at Laurel’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Laurel is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 21.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $399K home, about $4,710 a year.
Taxes vs. neighborsSchools
The schools grade for Laurel, from test results, graduation and how much students grow.
Schools in LaurelCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Konterra sells for less a square foot
The busier markets within 25 miles of Laurel, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Maryland City | 314 | $521K | $266 | 35% | 63 |
| Laurel | 238 | $399K | $252 | 29% | 56 |
| North Laurel | 238 | $557K | $256 | 39% | 33 |
| South Laurel | 147 | $497K | $250 | 32% | 46 |
| Scaggsville | 83 | $676K | $271 | 49% | 32 |
| West Laurel | 48 | $523K | $270 | 48% | 36 |
| Konterra | 32 | $482K | $243 | 19% | 53 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Laurel, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Laurel. People who follow the town see it, and so do people comparing Laurel with their own town. No commission, no listing fee.
Questions about buying a home in Laurel
What do homes sell for in Laurel, MD?
238 homes sold in the year to May 2026 at a typical $399K, $252 a square foot. Houses sold for about $505K, condos for about $230K.
Is Laurel a buyer’s or seller’s market?
A balanced market: 78 homes were for sale in May 2026 and 15 sold, about 5.2 months of supply. Buyers paid 99.6% of asking on average, and 24% of listings cut their price.
When is the best time to buy in Laurel?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Laurel?
About 1.2% of a home’s value a year. On a $399K home that’s near $4,710.
Where can I see homes for sale in Laurel?
Zillow, Redfin, Realtor.com and Homes.com all carry Laurel’s MLS listings; the search links above open each one filtered to Laurel.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).