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Laurel, MD

Full City Profile · Maryland · Howard County County

3.7 /5.0
B+ Good
29,594 Population 6,217/sq mi density
$94,063 Median Income $46,598 per capita
$367,300 Home Value $472,744 Zillow
$1,878 Median Rent 28.6% income on rent
57°F Avg Temperature 293 sunny days/yr
476 Violent Crime/100K 3,436 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$94,063 median income, 3.4% unemployment
A
Affordability
4.5 / 5.0
$367,300 home value, $1,878/mo rent
F
Safety
1.0 / 5.0
476 violent crimes/100K (25% above avg)
A+
Education
4.6 / 5.0
44.5% bachelor's degree or higher

Housing Overview

Median Home Value
$367,300
30% above
US avg: $281,900
Median Rent
$1,878/mo
61% above
US avg: $1,163/mo
Homeownership Rate
43.9%
33% below US avg (65.4%)
Total Housing Units
12,501
Median year built: 1984

Home Value by Source

Census Median
$367,300
Zillow (ZHVI)
$472,744
Median Sale Price
$395,000
Median List Price
$402,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

43.9%
Owner-Occupied
56.1%
Renter-Occupied
44%
56%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $1,878/mo · Zillow rent: $1,912/mo

Market Indicators (Redfin)

Median Days on Market
82 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
23.0%
of listings with price reduction
Price Per Sq Ft
$261
Active Inventory
61
homes for sale

Affordability & Housing Stock

Rent Burden
28.6%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
43.9%

Complete Housing Data

Home Values

Census Median Value$367,300
Zillow Home Value (ZHVI)$472,744
Median Sale Price$395,000
Median List Price$402,500
Price Per Sq Ft$261

Rent

Census Median Rent$1,878
Zillow Rent (ZORI)$1,912
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market82
Sale-to-List Ratio1.0%
Price Drops23.0%
Homes Sold15
Active Inventory61
Price Per Sq Ft$261

Ownership & Stock

Owner-Occupied43.9%
Renter-Occupied56.1%
Homeownership Rate43.9%
Total Housing Units12,501
Median Year Built1984
Rent Burden28.6%