Data as of September 2026. Source: Realtor.com.
The LAUREL, MD real estate market (20723) currently shows 80 active listings, with 26 pending sales. Homes are averaging 29 days on the market before going under contract.
Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 29 days on market compared to 31 days last year.
The median listing price has fallen 26% year-over-year, from $644,500 to $477,243.
Population: 35,845 · Density: 1,063.1/mi² · Median household income: $128,226
Typical home value: $498,153 · Homeownership: 71.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 20723 | Laurel, MD 20723 | 0.0 mi | 48 | $28,850,016 | $484,995 | $601,042 |
| 21046 | Columbia, MD 21046 | 2.9 mi | 19 | $9,072,177 | $457,474 | $477,483 |
| 20759 | Fulton, MD 20759 | 3.6 mi | 22 | $23,790,756 | $899,995 | $1,081,398 |
| 20794 | Jessup, MD 20794 | 4.3 mi | 11 | $5,798,144 | $450,000 | $527,104 |
| 21045 | Columbia, MD 21045 | 5.2 mi | 72 | $32,661,288 | $460,450 | $453,629 |
| 20724 | Laurel, MD 20724 | 5.6 mi | 97 | $52,023,428 | $543,500 | $536,324 |
| 20708 | Laurel, MD 20708 | 6.5 mi | 33 | $17,214,483 | $540,998 | $521,651 |
| 21029 | Clarksville, MD 21029 | 6.6 mi | 34 | $47,589,018 | $1,037,450 | $1,399,677 |
| 20861 | Ashton, MD 20861 | 7.1 mi | 5 | $5,758,085 | $1,068,000 | $1,151,617 |
| 20904 | Silver Spring, MD 20904 | 7.8 mi | 67 | $36,334,904 | $507,500 | $542,312 |
| 20862 | Brinklow, MD 20862 | 8.7 mi | 1 | $1,150,000 | $1,150,000 | $1,150,000 |
| 21043 | Ellicott City, MD 21043 | 9.1 mi | 71 | $48,534,606 | $624,975 | $683,586 |
| 20770 | Greenbelt, MD 20770 | 9.5 mi | 73 | $19,949,586 | $216,425 | $273,282 |
As of September 2026, there are 80 active listings in LAUREL, MD (zip code 20723), compared to 95 the prior year.
The median listing price in LAUREL, MD 20723 is $477,243 as of September 2026, a 26% decrease from $644,500 the prior year.
Homes in LAUREL, MD 20723 spend an average of 29 days on the market before going under contract, compared to 31 days the prior year.
Based on current inventory and days-on-market data as of September 2026, LAUREL, MD 20723 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 29 days on market compared to 31 days last year.
With SELL123.com's maximum 3% commission, sellers in LAUREL, MD 20723 save an estimated $9,545 compared to a typical 5% commission on the median listing price of $477,243. 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.