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 $253, up 14.7% 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 1% above list price and go pending in around 34 days.
- Hot homescan sell for about 3% above list price and go pending in around 14 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 26 days.
- Hot homescan sell for about 3% above list price and go pending in around 6 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 16 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 Atlanta and Hartford.
- 81% 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 | Jan '24 - Mar '24 | ||
1 | 3,185 | ||
2 | 1,376 | ||
3 | 525 | ||
4 | 384 | ||
5 | 26 | ||
6 | 13 | ||
7 | 11 | ||
8 | 10 | ||
9 | 5 | ||
10 | 5 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,584 | ||
2 | 2,396 | ||
3 | 2,070 | ||
4 | 1,555 | ||
5 | 1,496 | ||
6 | 1,356 | ||
7 | 1,298 | ||
8 | 1,266 | ||
9 | 982 | ||
10 | 808 |
Home offer insights for South Laurel
Recent offers
View houses in South Laurel that sold recently
Recently sold homes
- $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
- $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
- $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
- $505,000 Last Sold Price3 beds3.5 baths1,600 sq ft7201 Marble Stone Ln, Beltsville, MD 20705(301) 854-2155List Price$499,900Sale to List1% over listDays on Market52 days7201 Marble Stone Ln, Beltsville, MD 20705
- $340,000 Last Sold Price3 beds2 baths1,795 sq ft8368 Imperial Dr Unit 2-B, Laurel, MD 20708(301) 921-4500List Price$320,000Sale to List6% over listDays on Market28 days8368 Imperial Dr Unit 2-B, Laurel, MD 20708
- $250,000 Last Sold Price2 beds1.5 baths902 sq ft11528 Laurelwalk, Laurel, MD 20708(410) 413-3575List Price$240,000Sale to List4% over listDays on Market35 days11528 Laurelwalk, Laurel, MD 20708
- $225,000 Last Sold Price1 bed1 bath806 sq ft9260 Cherry Ln #34, Laurel, MD 20708(301) 439-1180List Price$225,000Sale to List0% over listDays on Market138 days9260 Cherry Ln #34, Laurel, MD 20708
- $569,000 Last Sold Price4 beds3 baths2,378 sq ft11200 Basswood Ter, Laurel, MD 20708(866) 274-9884List Price$575,000Sale to List1% under listDays on Market65 days11200 Basswood Ter, Laurel, MD 20708
See all recently sold homes in South Laurel.
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Schools in South Laurel
- Elementary
- Middle
- High
GreatSchools Rating
7/10 James H. Harrison Elementary School Public • PreK-6 | 324 Students | 10 reviews |
6/10 Monarch Global Academy Pcs Laurel Campus Public • K-8 • Choice school | 826 Students | 1 reviews |
5/10 Deerfield Run Elementary School Public • PreK-5 | 617 Students | 5 reviews |
4/10 Montpelier Elementary School Public • PreK-5 | 560 Students | 24 reviews |
4/10 Brock Bridge Elementary School Public • PreK-5 | 617 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®
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