Laredo, TX—78045
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 $287,000, with a year-over-year change of 3.5%. This indicates that home prices in Laredo, TX are increasing. According to Zillow, the 1-year price projection is -1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $287,000 | 3.5% |
| Single Family | $292,000 | 3.5% |
| Condos | $193,000 | 9.0% |
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 | $276,000 | 3.4% |
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 $1,860, with a year-over-year rent change of -3.1%. Per bedroom, the median rent as of July '25 in Laredo, TX is 1-bedrooms: $1,110, 2-bedrooms: $1,320, 3-bedrooms: $1,970, 4-bedrooms: $2,370. The most common rental property sizes in Laredo, TX are 2-bedroom and 3-bedroom, accounting for 36.8% and 35.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $1,860 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,110 |
| 2 Bed Rent | $1,280 | $1,320 |
| 3 Bed Rent | $1,900 | $1,970 |
| 4 Bed Rent | $2,400 | $2,370 |
% 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 59. This is a decrease of -16.0% 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 | $340,000 | -6.0% |
Listing Count | 213 | 15.0% |
| Listings as % of Homes | 0.6% | 15.0% |
Days on Market | 59 | -16.0% |
Demographics — Laredo, TX
As of the latest ACS Survey released in 2023, Laredo, TX has a population of 67,200, which has increased by 1.8% over the past 5 years. Laredo, TX is a popular place for families, as children make up 29.5% of the population. The area has a moderately educated workforce, with 34.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 67,200 | 1.8% |
% Under 18 | 29.5% | -12.2% |
% Seniors | 7.9% | 23.4% |
% WFH | 5.7% | 67.6% |
% w/ College Degree | 34.7% | -2.5% |
As of the latest ACS Survey released in 2023, Laredo, TX is a predominantly hispanic area, with 92.6% of the population identifying as hispanic. The hispanic population has grown by 0.2% 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 25.6% of the population in Laredo, TX, and this percentage has increased by 4.9% 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 | 5.2% | -8.8% |
% Black | 0.9% | 50.0% |
% Hispanic | 92.6% | 0.2% |
% Asian | 0.7% | -22.2% |
% Foreign Born | 25.6% | 4.9% |
Mortgage and Risk — Laredo, TX
According to HUD data as of 2023, there were 279 mortgage originations in Laredo, TX, of which 41.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 63.0% above 90% LTV (very high). This implies large mortgage risk in Laredo, TX. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 279 |
% Conventional Loans | 41.0% |
% Government Loans | 59.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Laredo, TX
As of 2024, the percent of homes in Laredo, TX under the Section 8 program is 2.1%. 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 and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Laredo, TX, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 89 |
Total Units Section 8 | 89 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $180 | $1,100 | $1,280 |
| 2 Bedroom | $280 | $1,280 | $1,560 |
| 3 Bedroom | $90 | $1,900 | $1,990 |
| 4 Bedroom | -$330 | $2,400 | $2,070 |
Affordability — Laredo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.1 |
| Median Home Price | $287,000 |
| Median Household Income | $89,300 |