Is Laurel, MD a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Laurel has remained a Seller's Market.
How much do homes in Laurel, MD cost?
Median Sold Price
$333,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Median Sold Price By Bedroom Count
# BEDS | Jan 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | $170K | $199.9K | +17.6% |
2 Bedrooms | $232K | $255K | +9.9% |
3 Bedrooms | $339.5K | $360K | +6.0% |
4 Bedrooms | $420K | $470K | +11.9% |
5+ Bedrooms | $620K | $510K | -17.7% |
How many homes are available in Laurel, MD?
Number of Homes For Sale
Dec 2022 | Jan 2023 | % |
---|---|---|
55 | 53 | -3.6% |
Homes For Sale By Bedroom Count
# BEDS | Dec 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 17 | 16 | -5.9% |
3 Bedrooms | 19 | 15 | -21.1% |
4 Bedrooms | 13 | 15 | +15.4% |
5+ Bedrooms | 1 | 1 | 0.0% |
Number of Homes Sold
Dec 2022 | Jan 2023 | % |
---|---|---|
14 | 10 | -28.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Average Sale Time
Jan 2022 | Jan 2023 | % |
---|---|---|
22 Days | 42 Days | +87.1% |
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days