How does the housing market look in 20708? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
20708 Laurel, MD
Median Sale Price
$477,505
4.0%
New Listings
14
22.2%
Number of Homes Sold
26
36.8%
Median Days on Market
15
81.3%
Market Overview
All Home Types
In the last 30 days, homes for sale in 20708, Laurel, MD sold for a median price of $477,505, up 4% compared to the same period last year. The median price per square foot was $228.03, down 8.6% year-over-year. There were 26 homes sold, up from 19 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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Use Orchard’s free tool to get your most accurate home valuation today.
Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in 20708, Laurel, MD was 55, down 19.1% compared to last year. In the last 30 days, 14 new homes were listed for sale, down 22.2% year-over-year. The median days on market was 14.5, up from 8 days last year. The months of supply was 0.54, down from 0.68 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 20708, Laurel, MD had a median sale-to-list-price ratio of 100%, down 1.7 pt compared to the same period last year. 50% of homes sold above list price, down 18.4 pt year-over-year. 30.77% of homes listed dropped in price, up 9.7 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 20708
NetRealtyNow.com, LLC • MLS MDPG2073990 • Status: Active
RE/MAX Excellence Realty • MLS MDPG2073882 • Status: Coming Soon
RE/MAX One • MLS MDPG2072426 • Status: Active
Weichert, REALTORS • MLS MDPG2073154 • Status: Active
Coldwell Banker Realty • MLS MDPG2073102 • Status: Active
Sawyer Real Estate, LLC • MLS MDPG2070768 • Status: Active
EXIT Right Realty • MLS MDPG2070194 • Status: Active
NVR Services, Inc. • MLS MDPG2062926 • Status: Active
NVR Services, Inc. • MLS MDPG2062908 • Status: Active
NVR Services, Inc. • MLS MDPG2062902 • Status: Active
Real Broker, LLC • MLS MDPG2062340 • Status: Active