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Rosemont

LAUREL, MD 20723

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

Market Analysis

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.

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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
80
⇩ 15.8% vs 95 last year
Pending
26
33% pending ratio
Median Price
$477,243
⇩ 26% vs $644,500 last year
Average Price
$536,092
⇩ 21.2% vs $679,924 last year
Days on Market
29
⇩ 6.5% vs 31 days last year

Price Per Square Foot

Median $/sqft
$257
⇩ 2.3% vs $263/sqft last year
Median Home Size
1,880 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 95 last year
  • Days on market: 29 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $477,243 (-26% YoY)
  • Average: $536,092 (-21.2% 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 September 2026, there are 80 active listings in LAUREL, MD (zip code 20723), compared to 95 the prior year.

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

The median listing price in LAUREL, MD 20723 is $477,243 as of September 2026, a 26% decrease from $644,500 the prior year.

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

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.

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

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.

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 $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.