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Home values, rents and more in ZIP code 20724 (Laurel, MD)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$463,000
Metro: $397,000 · U.S.: $366,000
Home values, past year
−0.6%
Metro: +0.4% · U.S.: +1.2%
Typical rent
$2,453/mo
Metro: $1,937 · U.S.: $1,932
Rents, past year
+3.8%
Metro: +2.8% · U.S.: +2.9%
Population
19,369
ACS 2020–24
Median household income
$118,115
Metro: $99,470 · U.S.: $80,734
ZIP codes around 20724, shaded by typical home value2072421144210542072021113207052071520723210762070720708210752106121108
  • Under $420k
  • $420k–$460k
  • $460k–$520k
  • $520k–$630k
  • $630k+
  • No data
ZIP codes around 20724, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 20724 is outlined.

How 20724 compares

The typical home in ZIP code 20724 (Laurel, MD) is worth about $463,000, according to the Zillow Home Value Index for September 2026. Home values in 20724 are 17% above the typical value in the Baltimore metro area ($397,000) and 26% above the U.S. typical value ($366,000).

Over the past year, home values in 20724 fell 0.6%, compared with +0.4% in the Baltimore metro area and +1.2% nationally.

Typical rent is $2,453 a month (Zillow Observed Rent Index), 27% above the Baltimore metro area ($1,937) and 27% above the U.S. ($1,932). Rents rose 3.8% over the past year.

The median household income is $118,115, against $99,470 in the Baltimore metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 19,369 people live in 20724 (American Community Survey 2020–24).

20724 has the 68th-lowest typical home value of the 149 ZIP codes in the Baltimore metro area and the 187th-highest of 423 in Maryland with Zillow figures.

Part of: Laurel, MD · Anne Arundel County, MD · Baltimore metro area · Maryland

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These measures are on the map for subscribers. Open ProMap to see them for 20724 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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