Is Laurel, MD 20724 a buyer’s or seller’s market?
Laurel is a seller’s market. With about 1.8 months of supply and 36% 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.
Competition score68/ 100
More competitive than 72% of U.S. ZIP codes, and #111 of 241 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply1.8Under 4 months = seller’s market
Sold above original list36%Share of sales, last 3 months
Median sale-to-list100.3%Sold price ÷ list price
Median days on market54Listing to accepted offer
Median price per sq ft$266▼ −1.7% vs. last year
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Nearby markets
Annapolis 21401Seller’s market $331 /sq ftAnnapolis 21403Seller’s market $366 /sq ftAnnapolis 21405 $807 /sq ftAnnapolis 21409Seller’s market $286 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology