Laurel, MD Housing Market Trends

Market Overview for Q2 2026

$475K 5.3% Y-o-Y $24K Y-o-Y
$276 2.6% Y-o-Y $7 Y-o-Y
172 24.6% Y-o-Y 34 Y-o-Y
$459K 6% Y-o-Y $28K Y-o-Y
Laurel, MD Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $410,000 $460,000 $451,000 $426,000
2023 $475,000 $460,000 $480,000 $522,000
2024 $385,000 $405,000 $420,000 $458,000
2025 $420,000 $451,000 $428,000 $475,000
2026 $512,000 $475,000
Laurel, MD Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $245 $272 $268 $274
2023 $262 $264 $281 $266
2024 $275 $262 $275 $269
2025 $260 $269 $268 $272
2026 $263 $276
Real Estate Transactions in Laurel, MD
Year Q1 Q2 Q3 Q4
2022 287 259 216 172
2023 103 193 177 238
2024 144 153 123 154
2025 119 138 121 153
2026 159 172
Prince George County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $395,000 $400,000 $396,000 $410,000
2023 $420,000 $420,000 $441,000 $455,000
2024 $410,000 $425,000 $430,000 $435,000
2025 $425,000 $443,000 $444,000 $440,000
2026 $448,000 $437,000
Laurel, MD Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $410,000 $460,000 $451,000 $426,000
2023 $475,000 $460,000 $480,000 $522,000
2024 $385,000 $405,000 $420,000 $458,000
2025 $420,000 $451,000 $428,000 $475,000
2026 $512,000 $475,000
Laurel, MD Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $245 $272 $268 $274
2023 $262 $264 $281 $266
2024 $275 $262 $275 $269
2025 $260 $269 $268 $272
2026 $263 $276
Real Estate Transactions in Laurel, MD
Year Q1 Q2 Q3 Q4
2022 287 259 216 172
2023 103 193 177 238
2024 144 153 123 154
2025 119 138 121 153
2026 159 172
Prince George County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $395,000 $400,000 $396,000 $410,000
2023 $420,000 $420,000 $441,000 $455,000
2024 $410,000 $425,000 $430,000 $435,000
2025 $425,000 $443,000 $444,000 $440,000
2026 $448,000 $437,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$277K
7.4%
$256
2.4%
30
Other Residential
$520K
-1%
$298
8.8%
58
Houses
$519K
-
$287
2.5%
84

Laurel, MD Housing Stock

Property Type
Units
Condo
3,696
Townhouse
4,595
Other
8,320

Prince George County: Demographics

Total population
25,563
Median age
35.5
No high school education
7.3%
Some high school/college
23.8%
Bachelor's degree
28.0%
Average household income
$151,970
Occupied housing units
8,827
Owner-occupied units
62.3%
Renter-occupied units
37.7%
Median year structure built
1994

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5
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6
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7
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8
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11
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12
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13
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14
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15
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16
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$1M
17
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$1.6M
18
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$737K
19
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20
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$270K