TX · Metro #187

Laredo - TX housing market

The Laredo metro has a typical home value of $217,967, up 2.7% from a year ago. Homes are sitting 74 days on average, buyers have negotiating room. Data from Zillow Research, updated monthly.

Typical home value
$217,967
+2.7% vs. year ago
Median sale price
$254,485
+6.7% YoY
Median list price
$255,250
Sale-to-list ratio
96.8%
Selling below ask
Days on market
74d
Listings w/ price cut
16.7%
New listings / mo
134
-11.8% YoY
Homes for sale
738
+11.0% YoY
Typical rent
$1,331/mo
-0.7% YoY
Context

How to read this data

The typical home value ($217,967) is the Zillow Home Value Index for the Laredo - TX metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.7% over the past year. In Laredo - TX, that means a home worth $212,237 last year is now worth roughly $217,967.

The median sale price , what homes actually close for , is $254,485. Homes are selling at 96.8% of list price, meaning buyers have room to negotiate.

Homes listed in Laredo - TX sit on the market for roughly 74 days before going pending. Shorter = seller's market; longer = buyer's market.

About 16.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 134 new listings hit the market each month in Laredo - TX. There are currently 738 homes for sale, up 11.0% from a year ago.

The typical monthly rent in Laredo - TX is $1,331, down 0.7% year over year. For investors, the price-to-rent ratio here is roughly 14x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in TX

MetroHome value1-yr changeDays on market
Dallas - TX$366,701 -3.0% 25.0d
Houston - TX$308,933 -2.1% 33.0d
San Antonio - TX$280,370 -1.9% 37.0d
Austin - TX$426,944 -5.7% 45.0d
McAllen - TX$194,546 +0.4% 83.0d
El Paso - TX$233,297 +1.7% 30.0d
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