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Housing in South Laurel

146 homes sold in South Laurel in the last year, at a typical $490K

Houses and condos split the market almost evenly. 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 South Laurel homes are listed.

Homes sold
146
October 2025 to September 2026
Typical sale price
$490K
median, weighted by sales
Price per square foot
$245
Maryland $226
Paid vs. asking
100.5%
38% sold over asking
For sale now
37
September 2026 · 9 sold that month
What sold · last 12 months

Houses are 59% of South Laurel’s sales, at a typical $545K (year to May 2026)

146 homes sold in the year to September 2026.

Houses$545K

typical sale · 86 sold in the year to May 2026

Per square foot
$254MD $239
Days to sell
42
Sold over asking
31%
Listings with a price cut
30%
Fewer sales

Townhouses: 58 sold, typical $381K
Condos: 3 sold, typical $262K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.6 times the 2016 price

146 sales in the last year, against 287 in 2021 and a low of 136 in 2024. The typical sale went from $304K in 2016 to $490K.

Homes soldTypical sale price
075150225300$225K$350K$475K$600K2012: 172 sold, typical $216K’122013: 165 sold, typical $263K2014: 167 sold, typical $294K’142015: 226 sold, typical $291K2016: 194 sold, typical $304K’162017: 225 sold, typical $333K2018: 212 sold, typical $341K’182019: 225 sold, typical $366K2020: 261 sold, typical $374K’202021: 287 sold, typical $437K2022: 202 sold, typical $454K’222023: 180 sold, typical $451K2024: 136 sold, typical $495K’242025: 137 sold, typical $515KLast 12 months: 146 sold, typical $490KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $500K buys in South Laurel

Houseat $254 a sq ft, year to May 2026
The same money in Marylandat $239 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what South 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.

What the sales history says · 14 years of sales

Bidding wars in South Laurel are more common than before the pandemic, with about as many homes for sale

We read every month of South 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 September 2026, 146 sales.

If you’re buying in South Laurel

  • Shop in May. It brings about 25 new listings a month, close to the busiest month, with fewer bidding wars (35% over asking).
  • Bid near asking. Buyers paid 100.5% of the list price on average; 38% paid over.
  • You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 45 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 25 a month), but April is the most competitive: 46% of April sales close over asking. October has the least competition (29%).

New listings a monthShare sold over asking
06.312.518.82520%40%60%Sweet spotJan: 14 new listings a month, 35% sold over asking, 39 days to sellJFeb: 15 new listings a month, 38% sold over asking, 47 days to sellFMar: 22 new listings a month, 38% sold over asking, 32 days to sellMApr: 23 new listings a month, 46% sold over asking, 27 days to sellAMay: 25 new listings a month, 35% sold over asking, 21 days to sellMJun: 21 new listings a month, 40% sold over asking, 21 days to sellJJul: 23 new listings a month, 37% sold over asking, 21 days to sellJAug: 22 new listings a month, 38% sold over asking, 27 days to sellASep: 20 new listings a month, 40% sold over asking, 29 days to sellSOct: 19 new listings a month, 29% sold over asking, 33 days to sellONov: 16 new listings a month, 32% sold over asking, 36 days to sellNDec: 10 new listings a month, 33% sold over asking, 36 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and hotter than Maryland

South Laurel now2017–192021 peakMD now
Sold over askingShare of sales that closed above the list price38%31%53%32%
Gone within two weeksShare of homes under contract within 14 days41%36%67%40%
Price paid vs. askingAverage sale price ÷ list price100.5%99.6%102.2%99.7%
Days to sellMedian days from listing to contract45311446
Supply

32 homes for sale on a typical day

That’s twice the 2024 low (15), about the 2017–19 level and well under 2015’s 55.

2012: 47 for sale’122013: 44 for sale2014: 46 for sale2015: 55 for sale’152016: 37 for sale2017: 31 for sale2018: 35 for sale’182019: 39 for sale2020: 24 for sale2021: 20 for sale’212022: 21 for sale2023: 18 for sale2024: 15 for sale’242025: 28 for saleLast 12 months: 32 for saleNow
Across Maryland

South Laurel ranks 71st of 193 busy Maryland markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. South Laurel is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical South Laurel home costs about $3,033 a month

Mortgage
Property tax
Insurance
Rent

Price: South Laurel’s typical sale, last 12 months. Property tax at South 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 South Laurel is affordable on local pay is on Cost of living.

Before you buy in South Laurel

Six things worth knowing

25

New listings in May

The month with the most choice. December has the fewest, about 10.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $490K home, about $5,710 a year.

Taxes vs. neighbors
D

Schools

The schools grade for South Laurel, from test results, graduation and how much students grow.

Schools in South Laurel
33 min

Typical commute

The average one-way trip to work for people who live in South Laurel.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Beltsville sells for less a square foot

The busier markets within 25 miles of South Laurel, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Maryland City313$523K$26436%59
Laurel232$402K$25027%55
North Laurel218$552K$25043%37
South Laurel146$490K$24538%45
Beltsville127$421K$23535%48
West Laurel48$526K$26748%32
Konterra28$482K$24818%68

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to South Laurel, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to South Laurel. People who follow the town see it, and so do people comparing South Laurel with their own town. No commission, no listing fee.

Questions about buying a home in South Laurel

What do homes sell for in South Laurel, MD?

146 homes sold in the year to September 2026 at a typical $490K, $245 a square foot.

Is South Laurel a buyer’s or seller’s market?

A seller’s market: 37 homes were for sale in September 2026 and 9 sold, about 4 months of supply. Buyers paid 100.5% of asking on average.

When is the best time to buy in South Laurel?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in South Laurel?

About 1.2% of a home’s value a year. On a $490K home that’s near $5,710.

Where can I see homes for sale in South Laurel?

Zillow, Redfin, Realtor.com and Homes.com all carry South Laurel’s MLS listings; the search links above open each one filtered to South Laurel.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).