TX · Metro #187

Laredo - TX housing market

The Laredo metro has a typical home value of $217,699, up 2.7% from a year ago. Homes are sitting 86 days on average - buyers have negotiating room. Data from Zillow Research, updated monthly.

Typical home value
$217,699
+2.7% vs. year ago
Median sale price
$246,172
+2.8% YoY
Median list price
$253,750
Sale-to-list ratio
96.5%
Selling below ask
Days on market
86d
Listings w/ price cut
17.4%
New listings / mo
138
+6.2% YoY
Homes for sale
747
+15.5% YoY
Typical rent
$1,361/mo
-3.7% YoY
Context

How to read this data

The typical home value ($217,699) 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 $211,976 last year is now worth roughly $217,699.

The median sale price , what homes actually close for , is $246,172. Homes are selling at 96.5% of list price, meaning buyers have room to negotiate.

Homes listed in Laredo - TX sit on the market for roughly 86 days before going pending. Shorter = seller's market; longer = buyer's market.

About 17.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 138 new listings hit the market each month in Laredo - TX. There are currently 747 homes for sale, up 15.5% from a year ago.

The typical monthly rent in Laredo - TX is $1,361, down 3.7% year over year. For investors, the price-to-rent ratio here is roughly 13x 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$366,743 -3.5% 28.0d
Houston - TX$308,211 -2.0% 38.0d
San Antonio - TX$280,170 -2.1% 48.0d
Austin - TX$430,490 -6.0% 49.0d
McAllen - TX$192,808 +0.5% 82.0d
El Paso - TX$231,422 +1.5% 35.0d
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