Home prices
The median home cost in South Laurel is $343,500. This is about $19,880 (6%) higher compared to nearby areas.It is about $126,000 (57%) higher in comparison to the nation as a whole, and is roughly $258,000 (42%) lower compared to the city of Washington.
Rents
The median monthly rent in South Laurel is $1,506. It is roughly $353 (18%) lower in comparison to its surrounding areas.In comparison to the rest of the country it is about $444 (41%) higher, and in comparison to the city of Washington it is about $35 (2%) lower.
Nearby places
Laurel
Laurel is South Laurel's neighbor to the north. The real estate prices there are a little less expensive. The median home price in Laurel is $269,000, which comes out to $74,500 (27%) lower than South Laurel. The rent there is pretty similar. The median rent in Laurel is $1,566 a month, which works out to $60 (3%) higher than South Laurel.
Konterra
Konterra is South Laurel's neighbor to the northwest. Its real estate prices are fairly similar. The median home in Konterra is valued at $360,400, which works out to $16,900 (4%) higher than South Laurel. Rent there is substantially more expensive. In Konterra the median monthly rent is $2,432, which comes out to $926 (38%) higher than South Laurel.
Maryland City
Maryland City is South Laurel's neighbor to the northeast. Its housing prices are a bit less expensive. The cost of the median home in Maryland City is $315,500, which comes out to $28,000 (8%) lower than South Laurel. Rents there are a little more expensive. In Maryland City the median rent is $1,824 per month, which comes out to $318 (17%) higher than South Laurel.
Beltsville
Beltsville is South Laurel's neighbor to the west. Real estate prices there are a little less expensive. The median home value in Beltsville is $314,200, which comes out to $29,300 (9%) lower than South Laurel. Rent there is a bit more expensive. In Beltsville the median rent is $1,738 per month, which comes out to $232 (13%) higher than South Laurel.
North Laurel
North Laurel is approximately 4 miles north of South Laurel. The housing prices there are fairly similar. The median home in North Laurel costs $359,000, which works out to $15,500 (4%) higher than South Laurel. Rents there are a little more expensive. North Laurel's median monthly rent is $1,733, which works out to $227 (13%) higher than South Laurel.
