Laurel, MD 20707 - Real Estate Investment Insights & Performance Data

Welcome to our 20707 real estate data hub, tailored for investors in Laurel, MD. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 20707 in Laurel, MD. Discover Section 8 housing opportunities and challenges to maximize your investment potential in PRINCE GEORGES COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Laurel, MD real estate investing. Uncover the wealth of information available, and position yourself for success in the Laurel property market.

• Location Overview

  • Zip Code: 20707
  • City: Laurel
  • State: MD
  • Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV
  • County Name: PRINCE GEORGES COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $385,889
  • Average Home Price (Single Family Homes): $417,055
  • Average Monthly Rental Price (All Types): $2,145
  • Price-to-Rent Ratio: 15
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.8%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,790
  • Average 3 Bedroom Section 8 Rental Rates: $2,240
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.97
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.36
  • Number of Units Offered in Section 8 in the County: Not Available
  • Number of Occupied Units in Section 8 in the County: Not Available
  • Percentage of Section 8 Units Occupied in the County: Not Available%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 188.02
  • Total % Appreciation since 2000 (Government Data): 167.8
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.22%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.56%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.83%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 38.2%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 99.94%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 22.83%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 125.43%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 0.87%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.42%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 21.07%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 28.81%