Welcome to our 20708 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 20708 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.
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Location Overview
- Zip Code: 20708
- City: Laurel
- State: MD
- Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV
- County Name: PRINCE GEORGES COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $443,760
- Average Home Price (Single Family Homes): $463,830
- Average Monthly Rental Price (All Types): $1,548
- Price-to-Rent Ratio: 24
- Zillow Projected % appreciation from 4/2023-4/2024: -0.8%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,750
- Average 3 Bedroom Section 8 Rental Rates: $2,190
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.13
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.89
- 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%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 165.01
- Total % Appreciation since 2000 (Government Data): 158.98
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 1.68%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 2.5%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.74%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 31.75%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 81.77%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 25.35%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 116.7%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.78%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): -3.8%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%