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Area data

Laurel, MD — ZIP 20724

Population: 19,369 (Census ACS)

Home values & appreciation

Median home value
$470,411
1-year appreciation
-0.8%
3-year appreciation
+4.8%
5-year appreciation
+15.4%
10-year appreciation
+54.2%
All-time peak (2025-02)
$474,393
House Price Index
367.5 (+0.7% YoY)

Market activity

Median sale price
$511,680
Median list price
$511,230
Median days on market
57 days
Sale-to-list ratio
100.0%
Active listings
35
1-year forecast
-0.2%
Days to pending
42 days
New listings (monthly)
18

Rents

Typical rent
$2,449/mo
1-year rent change
+4.3%
1BR fair-market rent
$1,437/mo
3BR fair-market rent
$2,216/mo

Affordability

Cost of living index (Above Average)
108.0 (100 = US avg)
Electricity rate (state-level)
19.5¢/kWh
Natural gas rate (state-level)
$16.10/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
3
Middle schools
0
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
lightning, strongWind, winterWeather, coastalFlooding, coldWave
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
225

Walkability & transit

Walkability index
14.0 / 20
Transit service frequency
614

Amenities

National parks within ~60 mi
59
Nearest national park
Baltimore-Washington Parkway (6 mi)
Nearest airport
Fort Meade Executive Airport (FME) (3 mi)
Nearest major airport
Fort Meade Executive Airport (FME) (3 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

Migration

Net migration
-634 tax filers

Housing stock

Median year housing built
1,992
Median annual property tax
$3,515
Mean commute to work
23 min
Households with broadband internet
84.7%

Employment & development

Total county employment
228,083
Average weekly wage
$1,407
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
1,005

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents