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Rosemont

LAUREL, MD 20723

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

Market Overview

Active Listings
56
⇩ 20% vs 70 last year
Pending
23
41% pending ratio
Median Price
$540,000
⇩ 14.1% vs $628,748 last year
Average Price
$594,001
⇩ 6.4% vs $634,838 last year
Days on Market
51
⇧ 24.4% vs 41 days last year

Market Context

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

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

Market Analysis

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

The LAUREL, MD real estate market (20723) currently shows 56 active listings, with 23 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 51 days on market compared to 41 days last year.

The median listing price has fallen 14.1% year-over-year, from $628,748 to $540,000.

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: 56 this year vs 70 last year
  • Days on market: 51 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $540,000 (-14.1% YoY)
  • Average: $594,001 (-6.4% 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 9.4 miles — 484 listings ($319,864,643 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20723Laurel, MD 207230.0 mi56$33,264,056$540,000$594,001
21046Columbia, MD 210462.9 mi22$10,776,150$435,000$489,825
20759Fulton, MD 207593.6 mi18$17,392,806$862,495$966,267
20794Jessup, MD 207944.3 mi10$5,953,550$599,500$595,355
21045Columbia, MD 210455.2 mi70$31,345,370$450,000$447,791
20724Laurel, MD 207245.6 mi90$48,462,120$537,495$538,468
20708Laurel, MD 207086.5 mi40$21,042,520$559,994$526,063
21029Clarksville, MD 210296.6 mi24$34,345,800$1,175,000$1,431,075
20861Ashton, MD 208617.1 mi6$5,405,550$689,350$900,925
20904Silver Spring, MD 209047.8 mi71$38,414,621$530,000$541,051
20862Brinklow, MD 208628.7 mi1$1,150,000$1,150,000$1,150,000
21077Harmans, MD 210779.1 mi0$0$340,000$340,000
21042Ellicott City, MD 210429.4 mi76$72,312,100$769,900$951,475

Frequently Asked Questions

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

As of January 2026, there are 56 active listings in LAUREL, MD (zip code 20723), compared to 70 the prior year.

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

The median listing price in LAUREL, MD 20723 is $540,000 as of January 2026, a 14.1% decrease from $628,748 the prior year.

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

Homes in LAUREL, MD 20723 spend an average of 51 days on the market before going under contract, compared to 41 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 January 2026, LAUREL, MD 20723 is currently a Balanced Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 51 days on market compared to 41 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 $10,800 compared to a typical 5% commission on the median listing price of $540,000. 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.