Photo: Quintin Soloviev · CC BY 4.080 homes sold in Laurel in the last year, at a typical $319K
Almost every sale is a house. 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.
Houses are 90% of Laurel’s sales, at a typical $319K
80 homes sold in the year to May 2026.
typical sale · 72 sold in 12 months
- Per square foot
- $188MT $283
- Days to sell
- 73
- Sold over asking
- 0%
- Listings with a price cut
- 24%
Multi-family (2–4 units): 1 sold, typical $337K
Townhouses: 7 sold, typical $319K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 1.7 times the 2016 price
80 sales in the last year, against 142 in 2020 and a low of 75 in 2025. The typical sale went from $184K in 2016 to $319K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $300K 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 back to pre-pandemic levels, but 16% fewer homes come up for sale
We read every month of Laurel’s home sales since 2014 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, 80 sales.
If you’re buying in Laurel
- Shop in May. It brings about 12 new listings a month, close to the busiest month, with fewer bidding wars (0% over asking).
- You’ll usually have time. Only 41% of homes go under contract within two weeks; the typical one takes 71 days.
Summer brings the homes; winter brings the bidding wars
August has the most new listings (about 13 a month), but January is the most competitive: 0% of January sales close over asking. May and June offer nearly as much choice with fewer homes bid up (0%). January has the least competition (0%) but only about 7 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Montana as a whole
| Laurel now | 2017–19 | 2021 peak | MT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 0% | 0% | 0% | 0% |
| Gone within two weeksShare of homes under contract within 14 days | 41% | 1% | 2% | 31% |
| Listings with a price cutShare of homes for sale that cut their price | 24% | — | — | 20% |
| Price paid vs. askingAverage sale price ÷ list price | — | — | — | 94.9% |
| Days to sellMedian days from listing to contract | 71 | 84 | 60 | 86 |
23 homes for sale on a typical day
That’s 1.3 times the 2023 low (18), 16% fewer than in 2017–19 and well under 2016’s 33.
1 in 4 listings has cut its price
24% in the last year, against — in 2017–19 and 20% across Montana.
Laurel ranks 15th of 18 busy Montana markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Laurel is one of the state’s calmer markets.
Source: Redfin Data Center, city market tracker, January 2014 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 $1,884 a month
Price: Laurel’s typical sale, last 12 months. Property tax at Laurel’s 0.8% (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 August
The month with the most choice. December has the fewest, about 5.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $319K home, about $2,630 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.
Lockwood and Columbus sell 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 | |
|---|---|---|---|---|---|
| Billings | 1,716 | $379K | $185 | 0% | 74 |
| Laurel | 80 | $319K | $190 | 0% | 71 |
| Lockwood | 47 | $425K | $181 | 0% | 82 |
| Columbus | 28 | $313K | $182 | 0% | 94 |
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, MT?
80 homes sold in the year to May 2026 at a typical $319K, $190 a square foot.
Is Laurel a buyer’s or seller’s market?
A seller’s market: 23 homes were for sale in May 2026 and 12 sold, about 1.9 months of supply., and 24% of listings cut their price.
When is the best time to buy in Laurel?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Laurel?
About 0.8% of a home’s value a year. On a $319K home that’s near $2,630.
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).