South Laurel, MD Housing Market
The South Laurel housing market is very competitive. The median sale price of a home in South Laurel was $335K last month, down 22.1% 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 April 2024, South Laurel home prices were down 22.1% compared to last year, selling for a median price of $335K. On average, homes in South Laurel sell after 28 days on the market compared to 11 days last year. There were 12 homes sold in April this year, down from 25 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 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 about 1% above 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 18 days.
- Hot homescan sell for about 7% above list price and go pending in around 4 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|5 Weeks Ago~$475K OfferSold for $550K4 bd | 3 ba | ~2,750 sqftOver List Price2%Days on Market5Competing Offers2Down Payment—
- Offer Not Accepted|6 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
- $489,000 Last Sold Price4 beds3 baths996 sq ft8204 Willow St, Laurel, MD 20707(301) 490-5400List Price$499,900Sale to List2% under listDays on Market50 days8204 Willow St, Laurel, MD 20707
- $630,000 Last Sold Price4 beds2.5 baths3,312 sq ft8003 Alloway Ln, Beltsville, MD 20705(202) 483-6300List Price$615,000Sale to List2% over listDays on Market177 days8003 Alloway Ln, Beltsville, MD 20705
- $660,000 Last Sold Price4 beds3 baths2,676 sq ft10206 Waterwell Way, Laurel, MD 20708List Price$705,815Sale to List6% under listDays on Market27 days10206 Waterwell Way, Laurel, MD 20708
- $352,000 Last Sold Price4 beds2.5 baths1,795 sq ft8352 Imperial Dr Unit 1-G, Laurel, MD 20708(301) 921-4500List Price$330,000Sale to List7% over listDays on Market20 days8352 Imperial Dr Unit 1-G, Laurel, MD 20708
- $273,500 Last Sold Price3 beds1.5 baths1,293 sq ft11311 Laurelwalk Dr #172, Laurel, MD 20708(240) 630-8689List Price$275,000Sale to List1% under listDays on Market69 days11311 Laurelwalk Dr #172, Laurel, MD 20708
- $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
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®
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