$2,800
7521 Country Club Dr Apt 106
Laredo, TX
3 bd3 ba1,817 sqft$2/ft²
Condo3,960 sqft lot
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Compass Real Estate · Laredo, TX
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Laredo, TX(512) 555-0184TX License #0512847
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Laredo, TX Housing Market
Buyer's market+2.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Laredo, TX is worth $222,782, rose 2.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $257,500, +3.0% year over year (through May 2026). With 9.6 months of supply and homes going under contract in about 92 days, Laredo is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $222,782 home is about $1,189/mo in principal and interest.
Key numbers for Laredo, TX
Typical home value
$222,782
+2.5% in 12 months
Zillow, August 2026
Typical asking rent
$1,191/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$257,500
+3.0% year over year
Redfin, through May 2026
Days on market
92
Slow-moving
Redfin, through May 2026
Active listings
517
9.6 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$63,264
Home costs 3.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
97.4%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Laredo a buyer's or seller's market?
Buyer's market9.6 months of supply92 days on market97.4% of asking
Laredo, TX is a buyer's market, based on 9.6 months of supply and homes selling in about 92 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Laredo housing market data show?
Every row below is Redfin's final published month for Laredo, TX. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $257,500 |
| Median list price | $244,900 |
| Year-over-year price change | +3.0% |
| Median price per sq ft | $161/sq ft |
| Median days on market | 92 days |
| Active inventory | 517 listings |
| Months of supply | 9.6 months |
| Sale-to-list price ratio | 97.4% |
| Homes sold (that month) | 54 |
| New listings (that month) | 128 |
| Listings with a price cut | 15.5% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Laredo is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Laredo is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Laredo home prices moved?
Over the last three years the median sale price in Laredo, TX rose 12.2%, from $229,450 to $257,500. The live Zillow value series has rose 2.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 15.5% of Laredo listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 9.6 months while the sale-to-list ratio slips below its current 97.4%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Laredo?
Priced off the typical home value of $222,782 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $44,556 | $178,225 | $1,189/mo |
| 5% | $11,139 | $211,643 | $1,412/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,189, that implies roughly $50,971 a year before you add taxes and insurance. The median household in Laredo earns $63,264, about $12,293 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.5x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Laredo in the next 12 months?
Tell us your timeline. We send the Laredo market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Laredo?
Typical asking rent in Laredo, TX is $1,191/mo, against a typical home value of $222,782. That is a price-to-rent ratio of 15.6x, which means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Compared head to head, 20% down puts principal and interest at $1,189 a month — $1 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Laredo?
Active listings in Laredo, TX went from 571 in May 2025 to 517 in May 2026, a -9.5% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 588 | 151 |
| July 2025 | 562 | 139 |
| August 2025 | 557 | 141 |
| September 2025 | 569 | 142 |
| October 2025 | 602 | 176 |
| November 2025 | 583 | 94 |
| December 2025 | 577 | 111 |
| January 2026 | 583 | 136 |
| February 2026 | 601 | 126 |
| March 2026 | 600 | 153 |
| April 2026 | 581 | 154 |
| May 2026 | 517 | 128 |
Redfin, through May 2026
How does Laredo compare to Texas and the U.S.?
Laredo homes sell for $257,500 — 28% below the Texas median of $356,100. Against the national median of $410,700, Laredo runs 37% lower. Year-over-year, Laredo moved +3.0% against Texas's +2.1% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Laredo, TX | $257,500 | +3.0% | 92 days |
| Texas statewide | $356,100 | +2.1% | 56 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Laredo
What buyers should watch
- Months of supply, currently 9.6. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 15.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $223 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $222,782 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Laredo listing goes under contract in 92 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 97.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Laredo added 128 new listings against 54 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Laredo varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Laredo
There are currently 517 homes listed for sale in Laredo, Texas. The median listing price is $245K. Featured listings range from $2,800 to $430,000.
$159,900
8218 Casa Verde Rd Unit 1
Laredo, TX
2 bd1 ba715 sqft$224/ft²
Condo2,112 sqft lot
View photos & details
$184,900
322 Ocean Dr
Laredo, TX
3 bd2 ba1,056 sqft$175/ft²
House3,522 sqft lot
View photos & details
$189,000
3601 Nubes Dr
Laredo, TX
3 bd2 ba1,155 sqft$164/ft²
House5,271 sqft lot
View photos & details
$249,000
907 Palafox Dr
Laredo, TX
4 bd2 ba1,504 sqft$166/ft²
House4,950 sqft lot
View photos & details
$255,000
2615 Jean St
Laredo, TX
3 bd3 ba1,594 sqft$160/ft²
House4,500 sqft lot
View photos & details
$269,900
1704 Cordova Dr
Laredo, TX
3 bd2 ba1,704 sqft$158/ft²
House4,976 sqft lot
View photos & details
$336,000
8710 Allegheny St
Laredo, TX
4 bd2 ba1,600 sqft$210/ft²
House6,050 sqft lot
View photos & details
$382,000
2202 Sambar Loop
Laredo, TX
3 bd3 ba1,975 sqft$193/ft²
House5,356 sqft lot
View photos & details
$394,750
2112 Sambar Loop
Laredo, TX
4 bd4 ba2,170 sqft$182/ft²
House5,579 sqft lot
View photos & details
$399,800
2110 Sambar Loop
Laredo, TX
4 bd4 ba2,170 sqft$184/ft²
House5,588 sqft lot
View photos & details
$430,000
321 Lake Carnegie Ct
Laredo, TX
3 bd3 ba2,299 sqft$187/ft²
House7,568 sqft lot
View photos & details
Looking to buy in Laredo?
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Active listings
517
Homes on market
Median list price
$245K
Avg. days on market
92
Days until sale
New this week
128
Newly listed
Price drops:15.5%of listings
Sale-to-list:97.4%
How much do homes cost in Laredo by property type?
How the Laredo, TX market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $255,000 | $161/sq ft | 51 | 93 days |
| Condo / co-op | $249,000 | $169/sq ft | 1 | 84 days |
| Townhouse | $270,000 | $186/sq ft | 1 | 75 days |
Who lives in Laredo?
American Community Survey estimates for Laredo. U.S. Census ACS, 2023
Population
255,949
Households
76,259
Median income
$63,264/yr
Median age
29.7 years
Owner-occupied
63.3%
Median home value
$182,400
Median gross rent
$1,001/mo
Mean commute
21.3 min
63.3% of occupied homes in Laredo are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $182,400 against Zillow's $222,782 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,001/mo, below Zillow's $1,191/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Laredo?
50 schools tracked · 51,306 students
The largest public schools serving Laredo, TX by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
UNITED H S
Grades 9-12 · 3,567 students
LYNDON B JOHNSON
Grades 9-12 · 3,271 students
UNITED SOUTH H S
Grades 9-12 · 3,252 students
JOHN B ALEXANDER H S
Grades 9-12 · 3,178 students
NIXON H S
Grades 9-12 · 2,099 students
MARTIN H S
Grades 9-12 · 1,978 students
DR LEO CIGARROA H S
Grades 8-12 · 1,438 students
LAMAR MIDDLE
Grades 6-8 · 1,256 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Laredo, TX?
Ordered by distance from Laredo, not by size. Compare Laredo side by side with any of them.
Laredo housing market FAQ
Is Laredo a buyer's or seller's market?
Laredo, TX is currently a buyer's market. That read comes from 9.6 months of supply, homes going under contract in about 92 days, and sellers getting 97.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Laredo?
The typical home in Laredo, TX is worth $222,782 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $257,500, about $161 per square foot.
Is Laredo cheaper than the rest of Texas?
Laredo's median sale price of $257,500 is 28% lower than the Texas statewide median of $356,100, and 37% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Laredo?
Homes in Laredo, TX spent a median of 92 days on market before going under contract, versus 56 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Laredo?
At the current 30-year fixed rate of 7.03%, 20% down on a $222,782 home is about $1,189 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $50,971 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $63,264.
Are home prices rising in Laredo?
The typical home value in Laredo, TX rose 2.5% over the last 12 months, from $217,260 to $222,782 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Laredo?
Laredo ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Laredo?
That depends on your timeline, not on a headline. What the data says today: Laredo, TX is a buyer's market with 9.6 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 15.6x means buying and renting land close enough together that the decision turns on how long you stay and your down payment. Properties Incorporated publishes the data; it does not give financial advice.
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