The housing market in Laredo, MO is an attractive option for buyers due to its relatively low median value compared to the US median of $338,100. Additionally, the 1 year appreciation rate of 13.45% indicates that it is a growing market with potential for increased value over time. With a median value of only $71,000, it presents an opportunity to get into the housing market at an affordable price point.
The median home cost in Laredo is $71,000. Home appreciation the last 10 years has been 73.2%. Home Appreciation in Laredo is up 17.1%.
Average Age of Homes
- The median age of Laredo real estate is 78 years old
The Rental Market in Laredo
- Renters make up 13.1% of the Laredo population
- 0.0% of houses and apartments in Laredo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.