Laurel, VA · Market Data

Laurel, Virginia real estate market data.

Real estate market data for Laurel, VA (Henrico County) — Census median home value $272,300, county listing prices up about 1.0% over the past year.

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Laurel, VA is in Henrico County, Virginia — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 18,180, with a median household income of $69,932. Census data puts Laurel's median home value at $272,300 (all owner-occupied homes); Henrico County's current median listing price runs $429,234, up about 1.0% over the past year.

At a glance

Laurel market snapshot

Population

18,180

Median Household Income

$69,932

Median Home Value (city)

$272,300

Median Listing Price (Henrico County)

$429,234

Median Gross Rent

$1,497/mo

Price Trend (YoY)

+1.0%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Laurel

What makes Laurel different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Laurel's median home value — across all owner-occupied homes, not just recent sales — at $272,300. Separately, Henrico County's current median listing price (via Realtor.com data, 2026-06-01) runs $429,234. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Henrico County's FHFA house price index shows a 4.94% annual change in 2025.

Population & Income

Laurel has an estimated population of 18,180 and a median household income of $69,932, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Laurel's Census-reported median home value works out to about 3.9x the area's median household income, and median gross rent runs roughly 26% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Laurel FAQ

What are home values like in Laurel, VA?

The Census Bureau's American Community Survey puts Laurel's median home value at $272,300. Henrico County's current median listing price runs $429,234, up about 1.0% over the past year.

What is the population of Laurel, VA?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Laurel's population at approximately 18,180.

What's the median rent in Laurel, VA?

The Census ACS estimates median gross rent in Laurel at approximately $1,497 per month.

What is the median household income in Laurel, VA?

Census ACS data puts the median household income in Laurel at approximately $69,932.

Is the Laurel housing market growing?

Henrico County's FHFA house price index shows a 4.94% annual change in 2025.

Is Laurel, VA affordable relative to income?

Census ACS data puts Laurel's median home value at about 3.9 times the median household income, with median gross rent equal to roughly 26% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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