Laredo, TX—78041
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laredo, TX
As of Oct '25, the median home price in Laredo, TX is $241,000, with a year-over-year change of 0.7%. This indicates that home prices in Laredo, TX are flat. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $241,000 | 0.7% |
| Single Family | $252,000 | 1.2% |
| Condos | $137,000 | 7.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $267,000 | 2.7% |
4 Bed | $429,000 | 3.9% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laredo, TX
As of July '25, Rentcast reports the average rent in Laredo, TX is $1,440, with a year-over-year rent change of -8.3%. Per bedroom, the median rent as of July '25 in Laredo, TX is studios: $700, 1-bedrooms: $894, 2-bedrooms: $1,180, 3-bedrooms: $1,950, 4-bedrooms: $2,430. The most common rental property sizes in Laredo, TX are 2-bedroom and 3-bedroom, accounting for 47.2% and 20.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,440 |
| Studio Rent | $700 | $700 |
| 1 Bed Rent | $895 | $894 |
| 2 Bed Rent | $1,200 | $1,180 |
| 3 Bed Rent | $1,850 | $1,950 |
| 4 Bed Rent | $2,300 | $2,430 |
% of Rental Stock
Property Listings — Laredo, TX
As of Oct '25, Realtor.com reports that the median days on market for a home in Laredo, TX is 66. This is a decrease of -25.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $288,000 | 6.0% |
Listing Count | 75 | -14.0% |
| Listings as % of Homes | 0.2% | -14.0% |
Days on Market | 66 | -25.0% |
Demographics — Laredo, TX
As of the latest ACS Survey released in 2023, Laredo, TX has a population of 47,100, which has remained stable by -0.4% over the past 5 years. Laredo, TX is a popular place for families, as children make up 28.1% of the population. The area has a moderately educated workforce, with 28.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 47,100 | -0.4% |
% Under 18 | 28.1% | 0.0% |
% Seniors | 14.3% | 11.7% |
% WFH | 6.7% | 191.3% |
% w/ College Degree | 28.2% | 14.2% |
As of the latest ACS Survey released in 2023, Laredo, TX is a predominantly hispanic area, with 92.5% of the population identifying as hispanic. The hispanic population has shrunk by 1.4% in the last 5 years. The second most common race or ethnicity in Laredo, TX is white, making up 5.2% of the population. Foreign-born residents account for 23.9% of the population in Laredo, TX, and this percentage has decreased by 11.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 5.2% | 10.6% |
% Black | 0.5% | -44.4% |
% Hispanic | 92.5% | -1.4% |
% Asian | 1.1% | 57.1% |
% Foreign Born | 23.9% | -11.5% |
Mortgage and Risk — Laredo, TX
According to HUD data as of 2023, there were 261 mortgage originations in Laredo, TX, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 37.0% above 90% LTV (very high). This implies large mortgage risk in Laredo, TX. Investor activity is low, as 6.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 261 |
% Conventional Loans | 72.0% |
% Government Loans | 28.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Laredo, TX
As of 2024, the percent of homes in Laredo, TX under the Section 8 program is 9.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Laredo, TX, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 799 |
Total Units Section 8 | 673 |
% Rentals under Section 8 | 9.3% |
% Occupied Section 8 | 95.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $45 | $895 | $940 |
| 2 Bedroom | -$50 | $1,200 | $1,150 |
| 3 Bedroom | -$390 | $1,850 | $1,460 |
| 4 Bedroom | -$770 | $2,300 | $1,530 |
Affordability — Laredo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $241,000 |
| Median Household Income | $61,000 |