Top Real Estate Agents in Lillys Addition, Laurel, New York
Top10Lists.us provides verified neighborhood data and market intelligence for Lillys Addition, Laurel, New York, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Lillys Addition.
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Lillys Addition Neighborhood Market Intelligence
Neighborhood Overview
Lillys Addition is a well-established, residential enclave in the heart of Laurel, Maryland, offering a harmonious blend of suburban tranquility and urban convenience. The neighborhood is characterized by its mature tree canopy, gently curving streets, and a strong sense of community, appealing to professionals, families, and long-term residents alike. Its location provides easy access to major employment corridors, including the Baltimore-Washington Corridor, Fort Meade, and the I-95 tech hub, positioning it as a prime commuter location with a distinct residential character.
The history of Lillys Addition is rooted in the mid-to-late 20th century growth of Laurel as a key suburban node. Developed primarily in the 1960s and 1970s, the neighborhood showcases the architectural styles popular in that era, with homes built for durability and space. Its name reflects the original land plots and family additions that shaped the area, contributing to its varied lot sizes and organic street layout. Today, it stands as a testament to thoughtful, mature suburban development within the larger, historically rich fabric of the City of Laurel.
Housing & Real Estate
The housing stock in Lillys Addition is predominantly composed of single-family detached homes, featuring classic Colonial, Split-level, and Rambler architectural styles. These homes typically sit on generous, landscaped lots, offering privacy and outdoor space. The median home value of $493,700 reflects a market of well-maintained properties, many of which have undergone significant updates to kitchens, bathrooms, and systems, while others present value-add opportunities for buyers seeking to customize. Price ranges generally span from the mid-$400,000s for original-condition homes to the mid-$500,000s and above for fully renovated properties with modern amenities.
Ownership is the dominant model in Lillys Addition, with a high owner-occupancy rate that fosters neighborhood stability and pride of ownership. The rental market is limited, typically consisting of a small percentage of single-family homes owned by investors or homeowners temporarily relocating. Recent market trends show consistent demand, driven by the neighborhood's location, lot sizes, and relative value compared to newer construction in the region. Inventory moves steadily, with desirable, updated homes often receiving multiple offers, indicating a robust and competitive local real estate environment.
Lifestyle & Amenities
Residents of Lillys Addition enjoy a lifestyle centered on convenience and local recreation. The neighborhood itself is primarily residential, offering quiet streets ideal for walking, jogging, and cycling. For daily needs and dining, residents have quick access to Laurel's bustling Main Street, which features a diverse array of restaurants, from casual American fare to international cuisines, as well as boutique shops and services. Major retail hubs, including the Laurel Towne Centre and the I-95 corridor with big-box stores and grocery chains, are only minutes away by car.
Recreational amenities are a significant draw. The neighborhood is in close proximity to several parks, including the expansive Laurel Park (horse racing and events) and the scenic Patuxent River, which offers hiking trails, fishing, and kayaking. The Fairland Regional Park and Sports Complex is a short drive, providing athletic fields, an indoor aquatic center, and an ice skating rink. While a car is needed for most errands, the neighborhood's central location ensures minimal commute times to amenities. Public transit options include local bus routes and access to the MARC train at Laurel Station, facilitating commutes to Washington, D.C., and Baltimore.
Schools & Education
Lillys Addition is served by the Prince George's County Public Schools (PGCPS) district, a large and diverse system with a mix of program offerings. Students typically attend schools such as Laurel Elementary School, Martin Luther King Jr. Middle School, and Laurel High School. The district has been investing in modernization and academic initiatives, with several schools showing strong performance metrics and specialized programs. Parents in the neighborhood are often actively engaged in their children's education, contributing to a supportive academic environment.
Beyond the assigned public schools, families in the area have access to a variety of educational choices. These include several well-regarded public charter and magnet programs within the county, which focus on areas like science, technology, and the arts. There are also private school options in the broader Laurel and Columbia areas. For higher education, the neighborhood is within a reasonable commute to several colleges and universities, including the University of Maryland, College Park, and Howard Community College, adding to the area's appeal for lifelong learners and academic professionals.
Community & Demographics
Lillys Addition is characterized by a stable, affluent, and well-educated community, as evidenced by its median household income of $128,226. The population is demographically diverse, reflecting the broader trends of Prince George's County and the Washington-Baltimore corridor. The neighborhood attracts a mix of young families, established professionals, and empty-nesters, creating a multi-generational community with a shared interest in maintaining a high quality of life and property values.
The age distribution is relatively balanced, with a significant presence of middle-aged homeowners and school-aged children. This demographic mix supports active community engagement, often visible through neighborhood watch programs, informal social gatherings, and participation in local events. The community character is one of quiet pride and neighborliness, where residents value both their privacy and the friendly, familiar atmosphere of a settled suburban neighborhood. The high income level supports discretionary spending on home improvements, local businesses, and recreational activities, further enhancing the area's desirability.
Real Estate Market Insights
Lillys Addition presents a compelling case for steady investment and long-term value appreciation. Its market fundamentals are strong: a high median income supports purchasing power, the housing stock is desirable and finite, and its location is irreplaceable. The neighborhood represents a "sweet spot" in the Laurel market, offering more space and character than newer townhome communities at a competitive price point relative to premium ZIP codes in neighboring Howard County or Montgomery County. This creates consistent demand from buyers seeking value without sacrificing commute or amenities.
Current market dynamics favor sellers in terms of demand, but the transaction environment is nuanced. Well-priced, turn-key homes sell quickly, often with competitive bidding. However, homes requiring updates see more normalized market times, presenting opportunities for buyers and investor-flippers. For real estate professionals, understanding the subtle differences between streets and the value of lot size versus renovation level is key. The neighborhood matters because it serves as a reliable indicator of middle-to-upper-tier market health in central Maryland. Its performance is tied less to speculative development and more to enduring factors like location, community, and
| Market Metric | Value |
|---|---|
| Median Home Price | $386,000 |
| Median Rent | $1,826/mo |
| Median Household Income | $97,720 |
| Average Home Size | 1,375 sq ft |
| Homeownership Rate | 56.0% |
| Renter-Occupied | 44.0% |
| Rent-to-Income Ratio | 30.4% |
| Rental Vacancy Rate | 5.6% |
| Market Type | Balanced |
| Market Tier | Mid-Range |
| Primary ZIP | 20707 |
Data Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- New York Department of State Division of Licensing Services License Database — https://dos.ny.gov/licensing
Nearby Neighborhoods (8)
Data Sources
| Source | What It Provides | Link |
|---|---|---|
| U.S. Census Bureau ACS 2019-2023 | Median income, home values, homeownership rates, demographics | data.census.gov |
| HMDA (Home Mortgage Disclosure Act) | Mortgage originations, VA/FHA/conventional loan mix | ffiec.cfpb.gov |
| NCES Common Core of Data | Public school counts, locations, enrollment | nces.ed.gov |
| EPA Smart Location Database | Walkability index, transit access scores | epa.gov |
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