West Laurel Real Estate

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West Laurel Real Estate & Homes for Sale in Maryland

The community of West Laurel, Maryland, is located in an unincorporated area of Prince George's County within the Washington, DC and Baltimore metro areas. West Laurel is a vibrant and well known area that features excellent education and health care, as well as a family-friendly lifestyle to the approximately 4,200 residents. Established in the 1940s, West Laurel presents a quiet hideaway from the hubbub of the city centers. With less than 2,000 homes at a median price of about $220,000, the West Laurel community offers greenbelts, plenty of opportunities for outdoor recreation, and charming homes on wooded lots.

Located midway between the business centers of Baltimore and the nation's capital, West Laurel offers safe suburban living and short commutes. Close to the airports, transportation, culture and shopping of the two historical cities, residents have no problems getting around town whether it is by car, metro, bus, or the MARC commuter rail. West Laurel is also bordered by Interstate 95 and Maryland Route 198, and is near Baltimore-Washington International Airport and the Ronald Reagan Washington National Airport, both which are about 25 miles of the community.

West Laurel combines an affordable cost of living, a wide variety of great homes, great schools and easy access to metropolitan conveniences, making this community a great place to call home.

West Laurel, MD Real Estate Market: Price Range of West Laurel Homes for Sale

Everything from new construction, Colonials, brick ranches, and Cape Cod style homes can be found throughout the small community of West Laurel, MD. Wooded lots and quiet cul-de-sacs present various housing options for every income level. The majority of the population in West Laurel owns their home, taking advantage of the affordable cost of living and short commutes to area business centers. Single-family homes in West Laurel start at $180,000 and can go up to $370,000 for large lots and new construction. Town homes and West Laurel condos are available from $80,000 to $210,000. Land property ranges from $75,000 to $400,000, depending on acreage, topography and utilities present.

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West Laurel Real Estate Market Trends

West Laurel Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $341,150 compared to $341,150 the previous week, to remain steady with no change in listing price.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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