20707: Laurel (Old Town & Laurel Lakes), MD

Have a question for someone who lives in the neighborhood?


Richard Barney

Neighborhood Specialist


Richard has lived in the the Maryland suburbs for 20+ years in Laurel, Rockville, Gaithersburg, and now Germantown. Richard enjoys hiking and he and his wife have 2 young kids. Send an email.

Neighborhood Specialists are people who have volunteered to provide information about their neighborhood to users of RealtyInstitute.com. Find out more.

The Realty Institute Index

The Realty Institute Index calculates the buyer-seller balance for this zip code based on the previous month's real estate sales activity. The index varies from 0 (very cold) to 100 (extremely hot).

Current index:

13

Market characteristics:

Very slow

What this means:

This area is experiencing a strong buyers' market, with considerable price negotiation. Properties are taking a long time to sell.


Real Estate Supply and Demand Analysis

Last month

Active home listings:

301

New contracts/mo:

25

Days inventory: (wt avg)

361


Home Sales Price Appreciation Analysis

Avg home price:

$343,284

vs. Year ago home price:
$345,341



535 homes for sale identified in this zip code

This chart displays the number of homes in Laurel listed by local realtors, agents, and real estate brokerages within each home price range and type. Click on the matrix to view these real estate listings.

$0-$250k

9

Detached

22

Townhouses

59

Condos

$250k-$400k

103

Detached

182

Townhouses

31

Condos

$400k-$600k

81

Detached

18

Townhouses

Condos

$600k-$800k

35

Detached

Townhouses

Condos

$800k-$1.2mm

7

Detached

Townhouses

Condos

$1.2mm+

Detached

Townhouses

Condos


Facts about Laurel

Total Population:

27,839

Ages 0-14(%):

19.12%

Female(%):

51.42%

Ages 15-24(%):

11.12%

Male(%):

48.58%

Ages 25-44(%):

36.31%

Median Hshld Income:

$58,387

Ages 45-54(%):

14.15%

Avg Hshld Size:

2.33

Ages 55plus(%):

19.3%

Avg Hshld Income:

$83,845

HS Diploma(%):

15.83%

Owner Occp(%):

60.7%

Bachelor's Degree(%):

15.07%

Tenant Occp(%):

39.3%

Professional Degree(%):

9.29%


Information and links for Laurel

Maryland’s Intercounty Connector is ready to go!

Look for construction on Maryland’s ICC to begin soon. Here’s what it means to area real estate.

Virginia and Maryland Top List for Percentage of Out-of-County Commutes

Washington area workers are more likely to travel to jobs outside their home counties than commuters in any other region in the nation, according to a new study.

The demise of condo flipping.

Over the years, a lot of easy money has been made by flipping condos. Today, this is behind us, and a lot of flippers will be losing money.

Get the latest on the Intercounty Connector

After much controversy and debate, the Intercounty Connector is finally moving forward. It will have a big impact on several Maryland suburbs and will fuel growth. Get the latest info here.

A Purple Line from Bethesda to New Carrolton?

Momentum seems to be quickly gathering behind some type of transportation link between Montgomery and Prince George’s County.

fficial Laurel, Maryland website

Laurel, MD

National Harbor's housing boon may bolster county

Prince George's National Harbor Housing Boon- High-End Homes May Bolster County

Prince George's County Receives Third Straight Bond Rating Increase

Standard & Poors (S&P), one of three bond rating agencies, upgraded the county’s general obligation bonds from AA to AA+ for $113 million in bonds to finance capital improvements. The improved bond rating lowers the county’s cost of building roads, public safety facilities and schools, saving taxpayers millions of dollars.

Information about visiting Prince George's County

There are days and days worth of exciting, fun, and interesting things to do and see in Prince George's County, Maryland.

Why people live in Russett

Here's what Russet has to offer prospective residents.

All about Maryland - from sports to education to agriculture and more


Other Laurel links

All about Maryland - from sports to education to agriculture and more

Prince George's County Public Schools website

Prince George's County Government web site

Parks & Recreation: Places to Go in Prince George's County

Prince George's Public Schools web site

Prince George's County official demographic information

Cultural Alliance of Greater Washington

A Maryland State guide to attractions throughout the state

A guide to outdoor activities in Maryland

Prince George's County Parks and Recreation - community centers, aquatic centers, trails, & more

Six Flags America Theme Park

Things to see and do in Prince George's County

Prince George’s County Economic Development Corporation

Metro and Metro Bus web site and trip planner

Calendar of events throughout the state of Maryland

The State of Maryland's guide to local Farmer's Markets

Washington Parent Magazine website

The Tech Council of Maryland

The Laurel Mill Playhouse - Home of the Burtonsville Players

Maryland Metro Transit Authority - bus and train routes, schedules and information

Farmers Markets in Maryland

The Boy Scouts of America, National Capital Area

Lists of tourist attractions in Maryland

A resource guide to festivals in Maryland

Maryland's Department of Human Services - home energy programs


Zip codes near Laurel

20705: Beltsville, MD

20708: Southeast Laurel, MD

20724: Laurel/Maryland City/Russett, MD

20866: Burtonsville, MD

20904: Silver Spring (Briggs Chaney), MD


The largest neighborhoods in Laurel

Laurel Lakes

Cromwell Station

Arbory

Victoria Falls

Ashford

The Tiers

Fairlawn

Mayfair

Bridgeport

The Vistas 2

The Vistas

Millbrook

Talbott Estates

Laurelton

Brookmill


Comments about Laurel

Laurel Lakes Community (Submitted by DW)

I just brought this property in this area in Jan 0. But I been in this overall area (Laurel/ FT Meade) for 5 years now. I mainly like the Laurel area for its convenience. I am a person who doesn't like driving a long distance o get to the grocery store, restaurants I like, auto parts store, etc. The Laurel lakes area has everything. Shopping at the Laurel mall just 1-2 minutes away, a beautiful lake to walk or run around, shopping center which has Lowes, Red Lobster, Famous Dave's, and everything else you could possibly of in it. I also like a decently quiet neighborhood when I sleep, and this is it. This neighborhood is everything I need and more and they are building more in the Laurel area everyday. Its the mecca of Anne Arundel/ Prince eorges County.

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News on Laurel

Provided by local newspapers



Corus Home Realty

Information deemed reliable but not guaranteed, and should not be relied upon without verification.
RealtyInstitute.com and The Realty Institute are properties of Corus Home Realty.
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Map of Laurel, 20707

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Featured real estate listings:

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Laurelton

$315,000

4BR 2FB 2HB
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Scotchtown Hills

$269,000

3BR 2FB 1HB
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