Laredo, TX—78046
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 $187,000, with a year-over-year change of 2.8%. This indicates that home prices in Laredo, TX are increasing. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | 2.8% |
| Single Family | $187,000 | 2.7% |
| Condos | N/A | N/A |
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 | $203,000 | 2.5% |
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 $1,510, with a year-over-year rent change of 5.6%. Per bedroom, the median rent as of July '25 in Laredo, TX is 1-bedrooms: $873, 2-bedrooms: $1,020, 3-bedrooms: $1,680, 4-bedrooms: $1,900. The most common rental property sizes in Laredo, TX are 3-bedroom and 2-bedroom, accounting for 50.8% and 36.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,600 | $1,510 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $873 |
| 2 Bed Rent | $1,000 | $1,020 |
| 3 Bed Rent | $1,650 | $1,680 |
| 4 Bed Rent | $1,850 | $1,900 |
% 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 63. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $240,000 | 5.0% |
Listing Count | 206 | 19.0% |
| Listings as % of Homes | 0.9% | 19.0% |
Days on Market | 63 | 3.0% |
Demographics — Laredo, TX
As of the latest ACS Survey released in 2023, Laredo, TX has a population of 72,000, which has increased by 2.3% over the past 5 years. Laredo, TX is a popular place for families, as children make up 36.5% of the population. The area has a poorly educated workforce, with 12.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 72,000 | 2.3% |
% Under 18 | 36.5% | -5.9% |
% Seniors | 6.7% | 9.8% |
% WFH | 3.7% | 60.9% |
% w/ College Degree | 12.8% | 85.5% |
As of the latest ACS Survey released in 2023, Laredo, TX is a predominantly hispanic area, with 97.1% of the population identifying as hispanic. The hispanic population has shrunk by 0.2% in the last 5 years. The second most common race or ethnicity in Laredo, TX is white, making up 2.0% of the population. Foreign-born residents account for 21.9% of the population in Laredo, TX, and this percentage has decreased by 16.4% 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 | 2.0% | -20.0% |
% Black | 0.2% | -33.3% |
% Hispanic | 97.1% | -0.2% |
% Asian | 0.2% | ∞% |
% Foreign Born | 21.9% | -16.4% |
Mortgage and Risk — Laredo, TX
According to HUD data as of 2023, there were 883 mortgage originations in Laredo, TX, of which 31.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 72.0% above 90% LTV (very high). This implies large mortgage risk in Laredo, TX. Investor activity is low, as 2.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 883 |
% Conventional Loans | 31.0% |
% Government Loans | 69.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Laredo, TX
As of 2024, the percent of homes in Laredo, TX under the Section 8 program is 9.1%. 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. 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 1-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 412 |
Total Units Section 8 | 356 |
% Rentals under Section 8 | 9.1% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$15 | $975 | $960 |
| 2 Bedroom | $170 | $1,000 | $1,170 |
| 3 Bedroom | -$160 | $1,650 | $1,490 |
| 4 Bedroom | -$300 | $1,850 | $1,550 |
Affordability — Laredo, TX
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.4 |
| Median Home Price | $187,000 |
| Median Household Income | $53,600 |