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LAUREL, NY 11948

Real Estate Market Report  ·  Suffolk County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
9
⇩ 10% vs 10 last year
Pending
3
33% pending ratio
Median Price
$882,000
⇩ 14.8% vs $1,035,500 last year
Average Price
$1,501,833
⇧ 4% vs $1,444,667 last year
Days on Market
121
⇧ 83.3% vs 66 days last year

Market Context

Population: 535  ·  Density: 73.7/mi²  ·  Median household income: $121,250

Typical home value: $730,342  ·  Homeownership: 100.0%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The LAUREL, NY real estate market (11948) currently shows 9 active listings, with 3 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 121 days on market compared to 66 days last year.

The median listing price has fallen 14.8% year-over-year, from $1,035,500 to $882,000.

Whether you are buying or selling in LAUREL, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 9 this year vs 10 last year
  • Days on market: 121 now vs 66 last year

Median & Average Pricing

Year over Year
  • Median: $882,000 (-14.8% YoY)
  • Average: $1,501,833 (+4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.6 miles — 473 listings ($1,802,405,015 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
11948Laurel, NY 119480.0 mi9$13,516,497$882,000$1,501,833
11947Jamesport, NY 119472.0 mi8$20,282,664$1,695,000$2,535,333
11931Aquebogue, NY 119314.0 mi14$14,688,786$852,000$1,049,199
11935Cutchogue, NY 119355.1 mi20$47,031,260$1,849,000$2,351,563
11946Hampton Bays, NY 119466.9 mi116$209,794,932$1,290,000$1,808,577
11942East Quogue, NY 119428.2 mi46$101,018,300$1,499,000$2,196,050
11971Southold, NY 119719.4 mi44$93,310,404$1,924,000$2,120,691
11978Westhampton Beach, NY 1197810.6 mi87$287,768,073$1,679,000$3,307,679
11976Water Mill, NY 1197611.3 mi79$881,342,091$6,995,000$11,156,229
11972Speonk, NY 1197212.4 mi5$5,608,750$794,500$1,121,750
11941Eastport, NY 1194112.6 mi14$20,500,508$875,000$1,464,322
11960Remsenburg, NY 1196013.3 mi25$82,954,750$2,985,000$3,318,190
11965Shelter Island Heights, NY 1196513.6 mi6$24,588,000$4,995,000$4,098,000

Frequently Asked Questions

How many homes are for sale in LAUREL, NY 11948?

As of January 2026, there are 9 active listings in LAUREL, NY (zip code 11948), compared to 10 the prior year.

What is the median home price in LAUREL, NY 11948?

The median listing price in LAUREL, NY 11948 is $882,000 as of January 2026, a 14.8% decrease from $1,035,500 the prior year.

How long do homes stay on the market in LAUREL, NY?

Homes in LAUREL, NY 11948 spend an average of 121 days on the market before going under contract, compared to 66 days the prior year.

Is it a seller's or buyer's market in LAUREL, NY 11948?

Based on current inventory and days-on-market data as of January 2026, LAUREL, NY 11948 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 121 days on market compared to 66 days last year.

How much can I save on real estate commission in LAUREL, NY?

With SELL123.com's maximum 3% commission, sellers in LAUREL, NY 11948 save an estimated $17,640 compared to a typical 5% commission on the median listing price of $882,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.