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Laurel, VA

Full City Profile · Virginia · Richmond city County

3.2 /5.0
B Good
18,180 Population 3,373/sq mi density
$69,932 Median Income $37,153 per capita
$272,300 Home Value $505,346 Zillow
$1,497 Median Rent 33.3% income on rent
56°F Avg Temperature 305 sunny days/yr
579 Violent Crime/100K 3,870 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$69,932 median income, 2.8% unemployment
A
Affordability
4.5 / 5.0
$272,300 home value, $1,497/mo rent
F
Safety
1.0 / 5.0
579 violent crimes/100K (52% above avg)
B
Education
3.2 / 5.0
27.4% bachelor's degree or higher

Housing Overview

Median Home Value
$272,300
3% below
US avg: $281,900
Median Rent
$1,497/mo
29% above
US avg: $1,163/mo
Homeownership Rate
50.9%
22% below US avg (65.4%)
Total Housing Units
7,691
Median year built: 1980

Home Value by Source

Census Median
$272,300
Zillow (ZHVI)
$505,346
Median Sale Price
$400,000
Median List Price
$349,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

50.9%
Owner-Occupied
49.1%
Renter-Occupied
51%
49%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,497/mo

Market Indicators (Redfin)

Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
14.3%
of listings with price reduction
Price Per Sq Ft
$227
Active Inventory
21
homes for sale

Affordability & Housing Stock

Rent Burden
33.3%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
50.9%

Complete Housing Data

Home Values

Census Median Value$272,300
Zillow Home Value (ZHVI)$505,346
Median Sale Price$400,000
Median List Price$349,950
Price Per Sq Ft$227

Rent

Census Median Rent$1,497
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market33
Sale-to-List Ratio1.0%
Price Drops14.3%
Homes Sold21
Active Inventory21
Price Per Sq Ft$227

Ownership & Stock

Owner-Occupied50.9%
Renter-Occupied49.1%
Homeownership Rate50.9%
Total Housing Units7,691
Median Year Built1980
Rent Burden33.3%