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South Laurel, MD Housing

 
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As of 2010-2014, median price of a house in South Laurel is $306,200, which is higher than the state average of $287,500 and is much higher than the national average of $175,700. The South Laurel median house value has grown by 83.57% since 2000. The growth rate for the price of a house in South Laurel is lower than the state average rate of 96.92% and is higher than the national average rate of 46.91%. The median year that a house in South Laurel was built is 1977, which is newer than the median year for a house built in the state which is 1975 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 3,998 Owner Occupied Houses in South Laurel, MD, #150
South Laurel, MD
306,200 USD
Maryland
287,500 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #198
South Laurel, MD
83.57%
Maryland
96.92%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 South Laurel, MDMarylandU.S.
Total Housing Units10,360, see rank, 100%2,399,375132,741,033
Occupied Housing Units9,451, 91.23%, see rank89.86%87.55%
Owner Occupied3,998, 38.59%, see rank60.26%56.34%
Renter Occupied5,453, 52.64%, see rank29.60%31.21%
Vacant Housing Units909, 8.77%, see rank10.14%12.45%
For Rent578, 5.58%, see rank2.24%2.34%
For Sale Only0, 0.00%, see rank1.11%1.20%
Rented or Sold, Not Occupied54, 0.52%, see rank0.65%0.92%
For Seasonal, Recreational, or Occasional Use34, 0.33%, see rank2.35%3.97%
For Migrant Workers27, 0.26%, see rank0.03%0.03%
Other Vacant216, 2.08%, see rank3.76%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #197
South Laurel, MDMarylandU.S.
197719751976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 South Laurel, MD%MarylandU.S.
Owner-Occupied Units3,998100%1,445,88074,787,460
With a Mortgage3,22580.67%, see rank75.17%65.58%
Without a Mortgage77319.33%, see rank24.83%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
South Laurel, MD
2,255 USD
Maryland
1,999 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsSouth Laurel, MD%MarylandU.S.
$299 or Less00.00%, see rank0.12%0.20%
$300 to $499150.47%, see rank0.75%1.59%
$500 to $699200.62%, see rank1.94%5.01%
$700 to $9991795.55%, see rank5.73%14.32%
$1,000 to $1,49939912.37%, see rank18.28%27.90%
$1,500 to $1,99966720.68%, see rank23.23%20.35%
$2,000 to $2,9991,23238.20%, see rank31.23%19.52%
$3,000 or More71322.11%, see rank18.71%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
South Laurel, MD
27.50% of the Total Income
Maryland
24.00% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 South Laurel, MD%MarylandU.S.
10% or Less1675.18%, see rank5.74%5.86%
10% to 20%90528.06%, see rank30.56%31.95%
20% to 30%67220.84%, see rank29.32%27.64%
30% to 40%60118.64%, see rank14.45%13.74%
40% or More88027.29%, see rank19.55%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
South Laurel, MD
713 USD
Maryland
583 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsSouth Laurel, MD%MarylandU.S.
$199 or Less00.00%, see rank2.62%7.76%
$200 to $29940.52%, see rank5.55%14.70%
$300 to $4998611.13%, see rank28.64%34.63%
$500 to $69927835.96%, see rank29.57%21.16%
$700 or More40552.39%, see rank33.62%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
South Laurel, MD
10.00% of the Total Income
Maryland
12.10% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 South Laurel, MD%MarylandU.S.
10% or Less39851.49%, see rank41.59%40.19%
10% to 20%18624.06%, see rank30.55%31.47%
20% to 30%11314.62%, see rank11.67%12.24%
30% to 40%324.14%, see rank5.66%5.64%
40% or More445.69%, see rank9.55%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 South Laurel, MDMarylandU.S.
Total Housing Units10,360, 100%2,399,375132,741,033
1-unit, Detached3,258, 31.45%, see rank51.72%61.65%
1-unit, Attached1,480, 14.29%, see rank21.19%5.82%
2 Units115, 1.11%, see rank1.60%3.75%
3 or 4 Units163, 1.57%, see rank2.20%4.43%
5 to 9 Units1,046, 10.10%, see rank4.94%4.78%
10 or More Units4,237, 40.90%, see rank16.70%13.08%
Mobile Home, Boat, RV, Van, etc.61, 0.59%, see rank1.63%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 South Laurel, MDMarylandU.S.
Total Housing Units10,360, 100%2,399,375132,741,033
1 Room79, 0.76%, see rank1.15%1.95%
2 Rooms211, 2.04%, see rank1.62%2.48%
3 Rooms1,616, 15.60%, see rank7.62%9.13%
4 Rooms2,528, 24.40%, see rank12.84%16.60%
5 Rooms1,645, 15.88%, see rank14.80%20.41%
6 Rooms966, 9.32%, see rank17.19%18.06%
7 Rooms960, 9.27%, see rank14.01%12.27%
8 Rooms913, 8.81%, see rank11.30%8.48%
9 Rooms or More1,442, 13.92%, see rank19.47%10.60%
Median Rooms5.00, see rank6.205.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 South Laurel, MDMarylandU.S.
Total Housing Units10,360, 100%2,399,375132,741,033
No Bedroom79, 0.76%, see rank1.33%2.17%
1 Bedroom2,277, 21.98%, see rank10.34%11.16%
2 Bedrooms3,126, 30.17%, see rank22.38%26.69%
3 Bedrooms2,255, 21.77%, see rank37.63%39.70%
4 Bedrooms1,984, 19.15%, see rank21.12%16.05%
5 or More Bedrooms639, 6.17%, see rank7.20%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 South Laurel, MDMarylandU.S.
Total Housing Units9,451, 100%2,155,983116,211,092
Utility Gas5,130, 54.28%, see rank44.54%48.85%
Bottled, Tank, or LP Gas94, 0.99%, see rank3.17%4.86%
Electricity4,051, 42.86%, see rank39.67%36.68%
Fuel Oil, Kerosene, etc.113, 1.20%, see rank10.31%5.86%
Coal or Coke0, 0.00%, see rank0.11%0.12%
Wood8, 0.08%, see rank1.37%2.12%
Solar Energy17, 0.18%, see rank0.03%0.05%
Other Fuel0, 0.00%, see rank0.45%0.47%
No Fuel Used38, 0.40%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalSouth Laurel, MDMarylandU.S.
Occupied Units Paying Rent5,428, 100%682,56639,201,928
$199 or Less11, 0.20%, see rank1.63%1.50%
$200 to $2997, 0.13%, see rank2.77%3.18%
$300 to $49953, 0.98%, see rank3.76%7.37%
$500 to $69933, 0.61%, see rank5.52%16.01%
$700 to $999377, 6.95%, see rank18.21%29.17%
$1,000 to $1,4993,762, 69.31%, see rank37.53%26.88%
$1,500 to $1,9991,006, 18.53%, see rank19.46%9.79%
$2,000 or More179, 3.30%, see rank11.13%6.10%
Median$1,276, see rank$1,218$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 South Laurel, MDMarylandU.S.
Occupied Housing Units9,451, 100%2,155,983116,211,092
No Vehicles Available585, 6.19%, see rank9.39%9.12%
1 Vehicles Available3,901, 41.28%, see rank32.90%33.80%
2 Vehicles Available3,597, 38.06%, see rank36.77%37.48%
3 or More Vehicles Available1,368, 14.47%, see rank20.95%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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