South Laurel, MD Housing Market
The South Laurel housing market is very competitive. The median sale price of a home in South Laurel was $413K last month, down 8.3% since last year. The median sale price per square foot in South Laurel is $216, down 10.7% since last year.
South Laurel Housing Market Trends
In March 2024, South Laurel home prices were down 8.3% compared to last year, selling for a median price of $413K. On average, homes in South Laurel sell after 44 days on the market compared to 37 days last year. There were 12 homes sold in March this year, down from 20 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South Laurel housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 28 days.
- Hot homescan sell for about 5% above list price and go pending in around 12 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 21 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% above list price and go pending in around 19 days.
- Hot homescan sell for about 5% above list price and go pending in around 5 days.
South Laurel Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into South Laurel from outside metros.
- New York homebuyers searched to move into South Laurel more than any other metro followed by Hartford and Atlanta.
- 82% of South Laurel homebuyers searched to stay within the South Laurel metropolitan area.
- Salisbury was the most popular destination among South Laurel homebuyers followed by Virginia Beach and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,393 | ||
2 | 1,561 | ||
3 | 642 | ||
4 | 348 | ||
5 | 314 | ||
6 | 19 | ||
7 | 12 | ||
8 | 12 | ||
9 | 10 | ||
10 | 9 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 4,468 | ||
2 | 2,447 | ||
3 | 1,942 | ||
4 | 1,579 | ||
5 | 1,486 | ||
6 | 1,371 | ||
7 | 1,288 | ||
8 | 1,272 | ||
9 | 947 | ||
10 | 832 |
Home offer insights for South Laurel
Recent offers
- Offer Not Accepted|3 Weeks Ago~$475K OfferSold for $550K4 bd | 3 ba | ~2,750 sqftOver List Price2%Days on Market5Competing Offers2Down Payment—
- Offer Not Accepted|4 Weeks Ago~$600K OfferSold for $650K5 bd | 3.5 ba | ~3,000 sqftOver List Price3%Days on Market5Competing Offers1Down Payment<10%
View houses in South Laurel that sold recently
Recently sold homes
- $485,000 Last Sold Price3 beds2 baths1,700 sq ft8701 Briarcroft Ln, Laurel, MD 20708(301) 388-2600List Price$485,000Sale to List0% over listDays on Market33 days8701 Briarcroft Ln, Laurel, MD 20708
- $630,000 Last Sold Price5 beds3.5 baths2,010 sq ft13609 Engleman Dr, Laurel, MD 20708(443) 627-2900List Price$630,000Sale to List0% over listDays on Market28 days13609 Engleman Dr, Laurel, MD 20708
- $570,000 Last Sold Price4 beds3 baths2,714 sq ft12901 Black Oak Dr, Laurel, MD 20708(410) 465-6900List Price$475,000Sale to List20% over listDays on Market19 days12901 Black Oak Dr, Laurel, MD 20708
- $266,125 Last Sold Price3 beds2 baths1,203 sq ft11382 Laurelwalk Dr Unit B-54, Laurel, MD 20708(202) 545-6900List Price$250,000Sale to List6% over listDays on Market29 days11382 Laurelwalk Dr Unit B-54, Laurel, MD 20708
- $485,000 Last Sold Price3 beds3.5 baths2,273 sq ft13400 Kiama Ct, Laurel, MD 20708(240) 497-0408List Price$485,000Sale to List0% over listDays on Market41 days13400 Kiama Ct, Laurel, MD 20708
- $330,000 Last Sold Price3 beds2 baths1,885 sq ft12974 Claxton Dr Unit 2-D, Laurel, MD 20708(410) 505-9700List Price$309,990Sale to List6% over listDays on Market30 days12974 Claxton Dr Unit 2-D, Laurel, MD 20708
- $284,900 Last Sold Price2 beds2 baths1,297 sq ft9264 Cherry Ln #46, Laurel, MD 20708(240) 232-7005List Price$284,900Sale to List0% over listDays on Market171 days9264 Cherry Ln #46, Laurel, MD 20708
- $62,205—beds1 bath800 sq ft8615 Locust Grove Dr, Laurel, MD 20707Days on Market—8615 Locust Grove Dr, Laurel, MD 20707
See all recently sold homes in South Laurel.
See listings
Schools in South Laurel
- Elementary
- Middle
- High
GreatSchools Rating
7/10 James H. Harrison Elementary School Public • PreK-6 | 304 Students | 10 reviews |
6/10 Monarch Global Academy Pcs Laurel Campus Public • K-8 | 828 Students | 2 reviews |
5/10 Deerfield Run Elementary School Public • PreK-5 | 582 Students | 5 reviews |
4/10 Montpelier Elementary School Public • PreK-5 | 577 Students | 24 reviews |
4/10 Brock Bridge Elementary School Public • PreK-5 | 543 Students | 10 reviews |
Climate's impact on South Laurel housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in South Laurel.
Flood Factor - Moderate
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Moderate
Wind Factor
Wind likelihood over time
Heat Factor - Severe
Heat Factor
Transportation in South Laurel
Walk Score®
Transit Score®
Bike Score®
More real estate resources for South Laurel
New Listings in South Laurel
Nearby City Housing Markets
Zip Code Housing Markets
Neighborhood Housing Markets
Nearby City Listings
Zip Code Listings
Neighborhood Listings
About us
Find us
Subsidiaries
Copyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.