Laredo, TX Housing Market
AI-powered market intelligence for the Laredo, TX metro area.
PropertyIQ Scores
Laredo, TX Market Analysis
Market Overview
Laredo’s PropertyIQ Score of 64/100 positions the market as moderate. The score reflects mixed signals: a 12-month home value momentum of 4.79% and a median days on market of 67 days support some stability, but a 3-month home value momentum of -0.16% and a 12.8% share of listings with a price cut point to cooling conditions. The median home value of $218,936 is well below the state average of $299,367, which gives Laredo a relative affordability advantage. However, the local median household income of $63,058 also trails the state average of $78,476, so purchasing power is more limited than the raw price gap suggests.
Compared with state benchmarks, Laredo’s rent index of $1,191 is lower than the state average of $1,403, and the unemployment rate of 4.3% is slightly better than the state average of 4.5%. These factors create a picture of a lower-cost, slower-moving market rather than a high-growth hotspot. Homes for sale total 587, and while population growth data is not available, the available metrics suggest a market that is not overheated and may favor patient buyers.
Key Trends
The first trend is flattening price momentum. The 12-month home value momentum of 4.79% indicates some annual appreciation, but the 3-month momentum of -0.16% and a year-over-year home value change of -$7 suggest that prices have essentially stalled or cooled in the near term. The median days on market of 67 days and the 12.8% share of listings with a price cut reinforce that sellers are not seeing rapid turnover or aggressive bidding.
A second trend is relative affordability versus the state. Laredo’s median home value of $218,936 is well below the Texas average of $299,367, and the rent index of $1,191 is lower than the state average of $1,403. That lower cost of shelter may attract households priced out of other Texas metros. However, the median household income of $63,058 is also below the state average of $78,476, meaning affordability is improved but still constrained by local wages.
A third trend is a slightly firmer local labor market. The unemployment rate in Laredo is 4.3%, compared with the state average of 4.5%. That modest employment advantage can support housing demand, although it is not strong enough on its own to overcome flat price momentum or limited income growth.
A fourth trend is a supply and marketing environment that appears balanced to slightly buyer-friendly. With 587 homes for sale and a median days on market of 67 days, homes are not moving exceptionally quickly. The 12.8% share of listings with a price cut suggests that sellers may need to adjust expectations to close transactions.
Who Is This Market For
Laredo is likely best suited for first-time buyers and budget-conscious households seeking lower entry prices than the Texas average. The median home value of $218,936 is more approachable than the state average of $299,367, and the lower rent index of $1,191 may appeal to renters looking to transition into ownership while keeping monthly costs manageable. However, with a median household income of $63,058, buyers should expect to budget carefully, as local incomes are lower than the state benchmark.
Long-term rental investors may also find this market worth evaluating. The rent index of $1,191 is modest but stable relative to the local cost of ownership, and the unemployment rate of 4.3% is slightly better than the state average, which can support tenant demand. The 587 homes for sale and median days on market of 67 days may give investors time to negotiate, though the 3-month home value momentum of -0.16% suggests limited short-term appreciation potential. Move-up buyers and short-term flippers may find fewer opportunities, given the flat price movement and price cut activity.
Outlook
The near-term outlook for Laredo is neutral to slightly soft. The 3-month home value momentum of -0.16%, the year-over-year change of -$7, and the 12.8% share of listings with a price cut indicate that price growth is not accelerating. Median days on market at 67 days suggests a moderate sales pace rather than a rapid market. At the same time, the 12-month momentum of 4.79% and an unemployment rate of 4.3% provide some underlying stability. Affordability relative to state averages may continue to draw budget-conscious buyers, but without population growth data, the demand outlook remains incomplete. The data supports a measured, price-sensitive market in the near term.
AI-generated analysis based on current market data. Last updated September 30, 2026.
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Laredo, TX market data
Laredo, TX Housing Market Overview
Laredo, TX's median home value is $219K, up 4.8% over the past year. Homes here sell in a median 67 days. Its PropertyIQ Score of 64 sits well above the state average of 50, marking a market positioned to outperform its state over the next three years.
Understanding the Laredo, TX housing market requires looking beyond headline price figures. The PropertyIQ Score reads both sides of market strength: Zillow price momentum across 3- and 12-month windows, and Realtor.com flow signals — days on market and the share of listings with price cuts. Together they predict how this TX metro is set to perform relative to the rest of its state.
South Central housing markets are propelled by energy sector economics, corporate relocations, and rapid population growth. Texas metros in particular have seen explosive expansion, though affordability pressures are emerging in the fastest-growing areas. Within the South Central, Laredo, TX's PropertyIQ Score of 64 ranks among the South Central's stronger demand signals.
Texas continues to be one of America's top relocation destinations, with no state income tax and a business-friendly regulatory environment driving corporate headquarters relocations and population growth.
For the Laredo, TX market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 4.8% over the past year.
View Laredo, TX's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Laredo, TX a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Laredo, TX currently scores 64, a firming-momentum reading that leaves it positioned to outperform its state over the next three years. For buyers, strengthening demand usually means rising competition and firmer prices, so waiting can cost you negotiating room. Backing that up, the median home value here is $219K, up 4.8% over the past year. So whether Laredo, TX is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Laredo, TX?
Laredo, TX's PropertyIQ Score is 64, indicating firming momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 64 places Laredo, TX above its state benchmark.
Are home prices in Laredo, TX rising or falling?
Home prices in Laredo, TX are rising. Over the past year, the median home value increased 4.8%, reaching $219K. Over the latest three months, values slipped 0.2%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Laredo, TX's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Laredo, TX?
In Laredo, TX, homes sell in a median of 67 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 13% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Laredo, TX market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.