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Laurel Wood

LAUREL, MD 20708

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

Market Overview

Active Listings
40
⇧ 122.2% vs 18 last year
Pending
17
43% pending ratio
Median Price
$559,994
⇩ 5.9% vs $594,993 last year
Average Price
$526,063
⇩ 12.7% vs $602,851 last year
Days on Market
55
⇧ 52.8% vs 36 days last year

Market Context

Population: 27,909  ·  Density: 886.4/mi²  ·  Median household income: $80,569

Typical home value: $419,114  ·  Homeownership: 35.2%

Market Analysis

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

The LAUREL, MD real estate market (20708) currently shows 40 active listings, with 17 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 55 days on market compared to 36 days last year.

The median listing price has fallen 5.9% year-over-year, from $594,993 to $559,994.

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: 40 this year vs 18 last year
  • Days on market: 55 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $559,994 (-5.9% YoY)
  • Average: $526,063 (-12.7% 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 8.9 miles — 726 listings ($362,072,045 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20708Laurel, MD 207080.0 mi40$21,042,520$559,994$526,063
20705Beltsville, MD 207053.5 mi53$20,341,665$399,900$383,805
20770Greenbelt, MD 207704.2 mi75$20,393,025$209,900$271,907
20707Laurel, MD 207074.4 mi84$38,738,700$425,000$461,175
20740College Park, MD 207406.0 mi45$22,193,145$495,000$493,181
21113Odenton, MD 211136.4 mi97$55,150,514$475,000$568,562
20715Bowie, MD 207156.5 mi67$36,681,160$525,000$547,480
20784Hyattsville, MD 207847.2 mi56$22,005,312$415,000$392,952
20794Jessup, MD 207947.7 mi10$5,953,550$599,500$595,355
20904Silver Spring, MD 209047.9 mi71$38,414,621$530,000$541,051
21114Crofton, MD 211148.5 mi43$22,586,481$500,000$525,267
21046Columbia, MD 210468.9 mi22$10,776,150$435,000$489,825
20721Bowie, MD 207218.9 mi63$47,795,202$629,900$758,654

Frequently Asked Questions

How many homes are for sale in LAUREL, MD 20708?

As of January 2026, there are 40 active listings in LAUREL, MD (zip code 20708), compared to 18 the prior year.

What is the median home price in LAUREL, MD 20708?

The median listing price in LAUREL, MD 20708 is $559,994 as of January 2026, a 5.9% decrease from $594,993 the prior year.

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

Homes in LAUREL, MD 20708 spend an average of 55 days on the market before going under contract, compared to 36 days the prior year.

Is it a seller's or buyer's market in LAUREL, MD 20708?

Based on current inventory and days-on-market data as of January 2026, LAUREL, MD 20708 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 55 days on market compared to 36 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 20708 save an estimated $11,200 compared to a typical 5% commission on the median listing price of $559,994. 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.