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LAUREL, MD 20724

Real Estate Market Report  ·  Anne Arundel County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The LAUREL, MD real estate market (20724) currently shows 97 active listings, with 59 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 39 days last year.

The median listing price has fallen 14.2% year-over-year, from $608,650 to $522,495.

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: 18,345  ·  Density: 376.3/mi²  ·  Median household income: $105,757

Typical home value: $370,047  ·  Homeownership: 63.5%

Market Overview

Active Listings
97
⇧ 21.3% vs 80 last year
Pending
59
61% pending ratio
Median Price
$522,495
⇩ 14.2% vs $608,650 last year
Average Price
$516,699
⇩ 10.8% vs $579,462 last year
Days on Market
37
⇩ 5.1% vs 39 days last year

Price Per Square Foot

Median $/sqft
$254
⇩ 0.4% vs $255/sqft last year
Median Home Size
1,970 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 97 this year vs 80 last year
  • Days on market: 37 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $522,495 (-14.2% YoY)
  • Average: $516,699 (-10.8% 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 10.0 miles — 635 listings ($309,500,393 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
20724Laurel, MD 207240.0 mi97$52,023,428$543,500$536,324
20763Savage, MD 207634.3 mi0$0$530,000$530,000
20794Jessup, MD 207944.9 mi11$5,798,144$450,000$527,104
20723Laurel, MD 207235.6 mi48$28,850,016$484,995$601,042
20705Beltsville, MD 207056.4 mi50$18,582,450$387,222$371,649
21144Severn, MD 211446.7 mi71$35,536,565$473,750$500,515
20715Bowie, MD 207157.0 mi63$33,563,943$529,000$532,761
21054Gambrills, MD 210547.4 mi23$15,368,738$634,745$668,206
20770Greenbelt, MD 207707.6 mi73$19,949,586$216,425$273,282
20706Lanham, MD 207068.6 mi89$42,215,192$467,500$474,328
21045Columbia, MD 210458.9 mi72$32,661,288$460,450$453,629
21108Millersville, MD 211089.1 mi37$24,451,043$556,993$660,839
20868Spencerville, MD 2086810.0 mi1$500,000$500,000$500,000

Frequently Asked Questions

How many homes are for sale in LAUREL, MD 20724?

As of April 2026, there are 97 active listings in LAUREL, MD (zip code 20724), compared to 80 the prior year.

What is the median home price in LAUREL, MD 20724?

The median listing price in LAUREL, MD 20724 is $522,495 as of April 2026, a 14.2% decrease from $608,650 the prior year.

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

Homes in LAUREL, MD 20724 spend an average of 37 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in LAUREL, MD 20724?

Based on current inventory and days-on-market data as of April 2026, LAUREL, MD 20724 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 39 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 20724 save an estimated $10,450 compared to a typical 5% commission on the median listing price of $522,495. 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.