Market Overview
Home Prices in Laurel, DE
The median home value in Laurel, DE is $319,993 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.7% compared to a year ago and up 1.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Laurel are priced22% below average. Laurel is part of the Salisbury, MD-DE metro area.
Over the past five years, Laurel home values have risen by approximately18.5%, reflecting steady appreciation in this market.
Price History
Laurel Home Price Trend
2020
$233,420
$233K
—
2021
$270,022
$270K
+15.7%
2022
$312,067
$312K
+15.6%
2023
$316,203
$316K
+1.3%
2024
$312,844
$313K
-1.1%
2025
$317,778
$318K
+1.6%
2026
$319,993
$320K
+0.7%
City Comparison
Laurel vs. National Median
🏠 Laurel
$319,993
National Median
$410,000
At $319,993, homes in Laurel cost 22% below the national median of $410,000. This makes Laurel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Laurel?
20% Down Payment
$63,999
on $319,993
Monthly P&I
$1,669/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,120/mo
incl. taxes & insurance
Income Needed
$84,800
gross annual (30% rule)
10% Down Option
$31,999
+ PMI applies
Loan Amount (20% dn)
$255,994
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Laurel, DE?
The median home value in Laurel is $319,993 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.7% year-over-year.
How much have home prices changed in Laurel?
Over the past year, home values in Laurel have increased by 0.7%. Over five years, prices have risen approximately 18.5%.
How much do I need to earn to buy a home in Laurel?
To comfortably afford the median home price of $319,993 with a 20% down payment ($63,999) at today's rates (6.8%), you'd need a gross annual income of approximately $84,800. This assumes keeping total housing costs at or below 30% of gross income.
How does Laurel compare to the national average home price?
The national median home value is approximately $410,000. At $319,993, homes in Laurel are 22% below the national average.
What metro area is Laurel part of?
Laurel is part of the Salisbury, MD-DE metropolitan area. Home prices and market conditions can vary across the broader metro region.