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Rosemont

LAUREL, MD 20723

Real Estate Market Report  ·  Howard County
Seller's Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The LAUREL, MD real estate market (20723) currently shows 69 active listings, with 34 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 16 days on market compared to 24 days last year.

The median listing price has risen 8.4% year-over-year, from $578,725 to $627,450.

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 Context

Market Context

Population: 35,845  ·  Density: 1,063.1/mi²  ·  Median household income: $128,226

Typical home value: $498,153  ·  Homeownership: 71.3%

Market Overview

Active Listings
69
⇩ 25.8% vs 93 last year
Pending
34
49% pending ratio
Median Price
$627,450
⇧ 8.4% vs $578,725 last year
Average Price
$661,132
⇧ 9.5% vs $604,033 last year
Days on Market
16
⇩ 33.3% vs 24 days last year

Price Per Square Foot

Median $/sqft
$273
⇧ 2.2% vs $267/sqft last year
Median Home Size
2,230 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 93 last year
  • Days on market: 16 now vs 24 last year

Median & Average Pricing

Year over Year
  • Median: $627,450 (+8.4% YoY)
  • Average: $661,132 (+9.5% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.5 miles — 553 listings ($328,726,491 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20723Laurel, MD 207230.0 mi48$28,850,016$484,995$601,042
21046Columbia, MD 210462.9 mi19$9,072,177$457,474$477,483
20759Fulton, MD 207593.6 mi22$23,790,756$899,995$1,081,398
20794Jessup, MD 207944.3 mi11$5,798,144$450,000$527,104
21045Columbia, MD 210455.2 mi72$32,661,288$460,450$453,629
20724Laurel, MD 207245.6 mi97$52,023,428$543,500$536,324
20708Laurel, MD 207086.5 mi33$17,214,483$540,998$521,651
21029Clarksville, MD 210296.6 mi34$47,589,018$1,037,450$1,399,677
20861Ashton, MD 208617.1 mi5$5,758,085$1,068,000$1,151,617
20904Silver Spring, MD 209047.8 mi67$36,334,904$507,500$542,312
20862Brinklow, MD 208628.7 mi1$1,150,000$1,150,000$1,150,000
21043Ellicott City, MD 210439.1 mi71$48,534,606$624,975$683,586
20770Greenbelt, MD 207709.5 mi73$19,949,586$216,425$273,282

Frequently Asked Questions

How many homes are for sale in LAUREL, MD 20723?

As of April 2026, there are 69 active listings in LAUREL, MD (zip code 20723), compared to 93 the prior year.

What is the median home price in LAUREL, MD 20723?

The median listing price in LAUREL, MD 20723 is $627,450 as of April 2026, a 8.4% increase from $578,725 the prior year.

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

Homes in LAUREL, MD 20723 spend an average of 16 days on the market before going under contract, compared to 24 days the prior year.

Is it a seller's or buyer's market in LAUREL, MD 20723?

Based on current inventory and days-on-market data as of April 2026, LAUREL, MD 20723 is currently a Seller's Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 16 days on market compared to 24 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 20723 save an estimated $12,549 compared to a typical 5% commission on the median listing price of $627,450. 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.