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LAUREL, MD 20724

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

Market Analysis

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

The LAUREL, MD real estate market (20724) currently shows 103 active listings, with 68 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 22 days on market compared to 26 days last year.

The median listing price has fallen 5.3% year-over-year, from $564,990 to $534,990.

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
103
⇧ 18.4% vs 87 last year
Pending
68
66% pending ratio
Median Price
$534,990
⇩ 5.3% vs $564,990 last year
Average Price
$527,699
⇩ 6.2% vs $562,677 last year
Days on Market
22
⇩ 15.4% vs 26 days last year

Price Per Square Foot

Median $/sqft
$259
⇧ 1.2% vs $256/sqft last year
Median Home Size
2,009 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 103 this year vs 87 last year
  • Days on market: 22 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $534,990 (-5.3% YoY)
  • Average: $527,699 (-6.2% 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 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 March 2026, there are 103 active listings in LAUREL, MD (zip code 20724), compared to 87 the prior year.

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

The median listing price in LAUREL, MD 20724 is $534,990 as of March 2026, a 5.3% decrease from $564,990 the prior year.

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

Homes in LAUREL, MD 20724 spend an average of 22 days on the market before going under contract, compared to 26 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 March 2026, LAUREL, MD 20724 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 22 days on market compared to 26 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 $10,700 compared to a typical 5% commission on the median listing price of $534,990. 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.