How does the housing market look in 20707? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
20707 Laurel, MD
Median Sale Price
$435,000
32.8%
New Listings
36
5.3%
Number of Homes Sold
23
45.2%
Median Days on Market
15
73.1%
Market Overview
All Home Types
In the last 30 days, homes for sale in 20707, Laurel, MD sold for a median price of $435,000, up 32.8% compared to the same period last year. The median price per square foot was $253.17, up 12% year-over-year. There were 23 homes sold, down from 42 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 20707, Laurel, MD was 86, up 19.4% compared to last year. In the last 30 days, 36 new homes were listed for sale, down 5.3% year-over-year. The median days on market was 15, up from 8.67 days last year. The months of supply was 1.22, up from 0.76 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in 20707, Laurel, MD had a median sale-to-list-price ratio of 99.71%, down 1.6 pt compared to the same period last year. 21.74% of homes sold above list price, down 44.9 pt year-over-year. 34.78% of homes listed dropped in price, up 22.9 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In 20707
Long & Foster Real Estate, Inc. • MLS MDPG2073670 • Status: Coming Soon
Long & Foster Real Estate, Inc. • MLS MDMC2087072 • Status: Coming Soon
The Agency DC • MLS MDPG2073452 • Status: Active
Trademark Realty, Inc • MLS MDPG2073530 • Status: Coming Soon
Fairfax Realty Premier • MLS MDPG2073466 • Status: Active
Compass • MLS MDPG2073684 • Status: Active
RE/MAX Realty Centre, Inc. • MLS MDPG2072772 • Status: Active
Keller Williams Preferred Properties • MLS MDPG2071494 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDPG2073086 • Status: Active
Long & Foster Real Estate, Inc. • MLS MDPG2073558 • Status: Coming Soon
NVR Services, Inc. • MLS MDPG2073194 • Status: Active
NVR Services, Inc. • MLS MDPG2073138 • Status: Active
• MLS MDPG2072826 • Status: Active
Northrop Realty • MLS MDPG2072942 • Status: Coming Soon
NVR Services, Inc. • MLS MDPG2072480 • Status: Active
Capital Gold Realty • MLS MDPG2072038 • Status: Active
DRB Group Realty, LLC • MLS MDPG2072080 • Status: Active
NVR Services, Inc. • MLS MDPG2071892 • Status: Active
Globex Realty Inc. • MLS MDPG2071678 • Status: Active
Samson Properties • MLS MDPG2071686 • Status: Active