Laredo, TX

Buyer's market-5.2% YoY

Housing market overview · Updated weekly

$255,950median sale price

Homes sold

63

Last 12 weeks

Days on market

110

Average pace

Active listings

546

8.7 months supply

Sale-to-list

98.2%

Below asking

The Laredo housing market is currently classified as a buyer's market with a median sale price of $255,950. Prices have fallen 5.2% compared to last year, with homes spending an average of 110 days on market, indicating 8.7 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Laredo?

The median home sale price in Laredo is $255,950, down 5.2% from last year.

How long do homes stay on market in Laredo?

Homes typically spend 110 days on market before going under contract.

Is Laredo a buyer's or seller's market?

With 8.7 months of supply, Laredo is currently a buyer's market.

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