Laredo, TX—78043
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 $175,000, with a year-over-year change of 1.7%. This indicates that home prices in Laredo, TX are increasing. According to Zillow, the 1-year price projection is -1.5%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $175,000 | 1.7% |
| Single Family | $176,000 | 2.3% |
| Condos | $140,000 | 7.7% |
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 | N/A | N/A |
4 Bed | N/A | N/A |
| 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 $1,290, with a year-over-year rent change of -11.0%. Per bedroom, the median rent as of July '25 in Laredo, TX is studios: $899, 1-bedrooms: $944, 2-bedrooms: $1,120, 3-bedrooms: $1,590, 4-bedrooms: $1,620. The most common rental property sizes in Laredo, TX are 2-bedroom and 3-bedroom, accounting for 42.8% and 30.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,250 | $1,290 |
| Studio Rent | $899 | $899 |
| 1 Bed Rent | $900 | $944 |
| 2 Bed Rent | $1,050 | $1,120 |
| 3 Bed Rent | $1,500 | $1,590 |
| 4 Bed Rent | $1,800 | $1,620 |
% 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 53. This is a decrease of -10.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $235,000 | 2.0% |
Listing Count | 68 | -6.0% |
| Listings as % of Homes | 0.3% | -6.0% |
Days on Market | 53 | -10.0% |
Demographics — Laredo, TX
As of the latest ACS Survey released in 2023, Laredo, TX has a population of 44,000, which has decreased by -1.8% over the past 5 years. Laredo, TX is a popular place for families, as children make up 31.8% of the population. The area has a poorly educated workforce, with 12.9% 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 | 44,000 | -1.8% |
% Under 18 | 31.8% | -1.9% |
% Seniors | 10.5% | 15.4% |
% WFH | 6.7% | 219.0% |
% w/ College Degree | 12.9% | 0.0% |
As of the latest ACS Survey released in 2023, Laredo, TX is a predominantly hispanic area, with 97.2% of the population identifying as hispanic. The hispanic population has grown by 0.6% in the last 5 years. The second most common race or ethnicity in Laredo, TX is white, making up 2.3% of the population. Foreign-born residents account for 27.0% of the population in Laredo, TX, and this percentage has increased by 2.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 2.3% | -4.2% |
% Black | 0.2% | 0.0% |
% Hispanic | 97.2% | 0.6% |
% Asian | 0.1% | -85.7% |
% Foreign Born | 27.0% | 2.7% |
Mortgage and Risk — Laredo, TX
According to HUD data as of 2023, there were 129 mortgage originations in Laredo, TX, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Laredo, TX. Investor activity is low, as 5.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 129 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Laredo, TX
As of 2024, the percent of homes in Laredo, TX under the Section 8 program is 5.4%. 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 and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Laredo, TX, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 403 |
Total Units Section 8 | 325 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $20 | $900 | $920 |
| 2 Bedroom | $80 | $1,050 | $1,130 |
| 3 Bedroom | -$60 | $1,500 | $1,440 |
| 4 Bedroom | -$300 | $1,800 | $1,500 |
Affordability — Laredo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $175,000 |
| Median Household Income | $54,300 |