Home prices
The value of the median home in Laurel is $195,900. Compared to the surrounding areas this is roughly $44,700 (18%) lower.Compared to the United States as a whole it is roughly $21,600 (9%) lower, and is roughly $405,600 (67%) lower compared to the city of Washington.
Rents
Laurel's median rent is $1,188 per month. It is approximately $22 (1%) higher in comparison to its nearby areas.It is approximately $126 (11%) higher compared to the entire nation, and compared to the city of Washington is roughly $353 (22%) lower.
Nearby places
Dumbarton
Dumbarton is Laurel's neighbor to the south. Its real estate prices are a little less expensive. The median home value in Dumbarton is $186,400, which is $9,500 (5%) lower than Laurel. Rent there is pretty similar. In Dumbarton the median monthly rent is $1,144, which comes out to $44 (3%) lower than Laurel.
Lakeside
Lakeside is Laurel's neighbor to the southeast. The housing prices there are somewhat less expensive. The median home in Lakeside is valued at $186,100, which is $9,800 (5%) lower than Laurel. Rent there is somewhat less expensive. Lakeside's median monthly rent is $1,012, which works out to $176 (17%) lower than Laurel.
Glen Allen
Glen Allen is Laurel's neighbor to the northeast. Its real estate prices are somewhat more expensive. The median home in Glen Allen is valued at $241,500, which works out to $45,600 (18%) higher than Laurel. The rent there is a little more expensive. The median rent in Glen Allen is $1,336 per month, which is $148 (11%) higher than Laurel.
Innsbrook
Innsbrook is roughly 3 miles west from Laurel. The housing prices there are substantially more expensive. The median home cost in Innsbrook is $363,600, which works out to $167,700 (46%) higher than Laurel. Rent there is pretty similar. In Innsbrook the median monthly rent is $1,185, which is very similar to Laurel.
Chamberlayne
Chamberlayne is approximately 3 miles east of Laurel. The real estate prices there are a bit more expensive. Chamberlayne's median home cost is $225,400, which comes out to $29,500 (13%) higher than Laurel. Its rents are similar. The median monthly rent in Chamberlayne is $1,154, which comes out to $34 (2%) lower than Laurel.
