Home prices
The median home in Laurel is valued at $269,000. Compared to its nearby areas it is approximately $108,940 (28%) lower.In comparison to the US as a whole it is approximately $51,500 (23%) higher, and in comparison to the city of Washington it is approximately $332,500 (55%) lower.
Rents
Laurel's median monthly rent is $1,566. This is roughly $419 (21%) lower compared to other places in this area.It is about $504 (47%) higher compared to the US as a whole, and it is roughly $25 (1%) higher compared to the city of Washington.
Nearby places
Konterra
Konterra is Laurel's neighbor to the southwest. Its real estate prices are somewhat more expensive. The median home value in Konterra is $360,400, which comes out to $91,400 (25%) higher than Laurel. Its rents are a lot more expensive. Konterra's median rent is $2,432 per month, which works out to $866 (35%) higher than Laurel.
North Laurel
North Laurel is Laurel's neighbor to the north. The real estate prices there are a little more expensive. North Laurel's median home price is $359,000, which works out to $90,000 (25%) higher than Laurel. Its rents are a bit more expensive. North Laurel's median monthly rent is $1,733, which comes out to $167 (9%) higher than Laurel.
South Laurel
South Laurel is Laurel's neighbor to the south. Its housing prices are a bit more expensive. South Laurel's median home price is $343,500, which comes out to $74,500 (21%) higher than Laurel. The rent there is similar. In South Laurel the median monthly rent is $1,506, which comes out to $60 (3%) lower than Laurel.
Maryland City
Maryland City is Laurel's neighbor to the east. Real estate prices there are a little more expensive. The median home in Maryland City is valued at $315,500, which works out to $46,500 (14%) higher than Laurel. Rents there are a little more expensive. The median monthly rent in Maryland City is $1,824, which is $258 (14%) higher than Laurel.
Scaggsville
Scaggsville is about 3 miles north of Laurel. The housing prices there are substantially more expensive. Scaggsville's median home cost is $511,300, which is $242,300 (47%) higher than Laurel. Rent there is a lot more expensive. Scaggsville's median rent is $2,431 per month, which works out to $865 (35%) higher than Laurel.
