Laredo housing market

Neutral marketLaredo, TX metro areaData through Sep 2026
Typical home value
$215K
▲ 2.0% 1 yr
Typical rent
$1,129/mo
▲ 1.0% 1 yr
12-month forecast
+1.3%
#364 of 546 metros
Gross rent yield
6.3%
#218 of 546 · U.S. 6.3%
Days to pending
91 days
▲ +2 days 1 yr
Listings with a price cut
16%
▼ −0.8 pts 1 yr

Key takeaways

  • 1The typical home is worth $215,255, up 2.0% in a year and up 10% over five years.
  • 2Zillow forecasts home values rising 1.3% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,129/mo (+1.0% YoY), a 6.3% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,183/mo in principal and interest, $54 more than renting.
  • 5Homes go under contract in 91 days (+2 days vs last year); 16% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 44/100, #219 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $215K
$157K$175K$193K$212K2016201920222025
Typical monthly rent
Latest $1,129
$817$923$1,028$1,13420172019202120232025

How fast homes are selling

Days to go under contract
Latest 91
5677971182023202420252026
Share of listings with a price cut
Latest 16.2%
8.4%11.4%14.3%17.3%20182020202220242026
Homes for sale vs new listings
Latest 774
For saleNew listings
13433253172920182020202220242026
Share of homes sold above list price
Latest 17.3%
7.3%10.9%14.4%18.0%2023202420252026

Affordability

Household income needed to buy vs rent
Latest $64K
To buy (20% down)To rent
$56K$164K$272K$380K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Laredo compares

MeasureLaredoUnited StatesRank of 546
Home value, 1-yr change+2.0%+1.2%#286
Home value, 5-yr change+10.4%+19.7%
12-month forecast+1.3%+1.1%#364
Rent, 1-yr change+1.0%+2.7%#479
Gross rent yield6.3%6.3%#218
Price-to-rent ratio15.915.8
Mortgage P&I on typical home$1,183$2,012
Income needed to buy$64,055$100,902
Days to pending9156

Cities in the Laredo metro

1 cities with home value and rent data.

Laredo$220K▲ 2.0%$1,129▲ 1.0%6.2%

Run the numbers

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Other Texas metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.