Is Laurel, MD 20723 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Laurel is a seller’s market. With about 1.9 months of supply and 47% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply1.9Under 4 months = seller’s market

Sold above original list46.6%Share of sales, last 3 months

Median sale-to-list101.2%Sold price ÷ list price

Median days on market29Listing to accepted offer

Median price per sq ft$255▼ −5.8% vs. last year

Run the numbers for 20723

Prefilled for 20723Can I win this house?Multiple-offer likelihood for a listing Prefilled for 20723Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Clarksville 21029Seller’s market $285 /sq ft Columbia 21044Seller’s market $250 /sq ft Columbia 21045Seller’s market $255 /sq ft Columbia 21046Seller’s market $252 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology