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Cherrywood

LAUREL, MD 20707

Real Estate Market Report  ·  Prince George's County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
84
⇧ 16.7% vs 72 last year
Pending
26
31% pending ratio
Median Price
$425,000
⇧ 6.3% vs $399,900 last year
Average Price
$461,175
⇧ 9% vs $423,044 last year
Days on Market
45
⇧ 4.7% vs 43 days last year

Market Context

Population: 36,352  ·  Density: 1,109.6/mi²  ·  Median household income: $97,720

Typical home value: $386,160  ·  Homeownership: 56.0%

Market Analysis

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

The LAUREL, MD real estate market (20707) currently shows 84 active listings, with 26 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 43 days last year.

The median listing price has risen 6.3% year-over-year, from $399,900 to $425,000.

Whether you are buying or selling in LAUREL, MD, 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: 84 this year vs 72 last year
  • Days on market: 45 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $425,000 (+6.3% YoY)
  • Average: $461,175 (+9% 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 8.6 miles — 601 listings ($336,083,742 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20707Laurel, MD 207070.0 mi84$38,738,700$425,000$461,175
20723Laurel, MD 207233.0 mi56$33,264,056$540,000$594,001
20708Laurel, MD 207084.4 mi40$21,042,520$559,994$526,063
20759Fulton, MD 207594.7 mi18$17,392,806$862,495$966,267
20724Laurel, MD 207245.1 mi90$48,462,120$537,495$538,468
20905Silver Spring, MD 209055.8 mi14$10,465,938$717,500$747,567
20794Jessup, MD 207946.4 mi10$5,953,550$599,500$595,355
20740College Park, MD 207406.9 mi45$22,193,145$495,000$493,181
20861Ashton, MD 208617.1 mi6$5,405,550$689,350$900,925
21044Columbia, MD 210447.9 mi64$31,875,200$450,000$498,050
21045Columbia, MD 210458.2 mi70$31,345,370$450,000$447,791
20901Silver Spring, MD 209018.4 mi47$30,500,274$632,450$648,942
20720Bowie, MD 207208.6 mi57$39,444,513$660,000$692,009

Frequently Asked Questions

How many homes are for sale in LAUREL, MD 20707?

As of January 2026, there are 84 active listings in LAUREL, MD (zip code 20707), compared to 72 the prior year.

What is the median home price in LAUREL, MD 20707?

The median listing price in LAUREL, MD 20707 is $425,000 as of January 2026, a 6.3% increase from $399,900 the prior year.

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

Homes in LAUREL, MD 20707 spend an average of 45 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in LAUREL, MD 20707?

Based on current inventory and days-on-market data as of January 2026, LAUREL, MD 20707 is currently a Buyer's Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 43 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LAUREL, MD 20707 save an estimated $8,500 compared to a typical 5% commission on the median listing price of $425,000. 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.