Zip 78045 (Laredo, TX) Housing

The housing market in 78045 Laredo, TX is doing exceptionally well. The median value of a house in the area is 255,800, which is significantly lower than the US median house value of 338,100. However, the 1 year appreciation rate for houses in 78045 Laredo, TX is 15.93%, which far surpasses the national 1 year appreciation rate of 8.27%. It appears that 78045 Laredo, TX is a great place to invest in real estate as values are expected to keep increasing at an impressive rate.

The median home cost in Laredo (zip 78045) is $255,800. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Laredo (zip 78045) is up 17.4%.

Average Age of Homes

- The median age of Laredo (zip 78045) real estate is 17 years old

The Rental Market in Laredo (zip 78045)

- Renters make up 21.1% of the Laredo (zip 78045) population
- 0.9% of houses and apartments in Laredo (zip 78045), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Laredo, Texas	United States
	21,015.0	139,647,020.0
	19	42
	$255,800	$338,100
	17.4%	16.6%
	57.5%	57.0%
	93.7%	101.1%
	$21.19	$10.98
	$3,994	$2,690
	72.5%	57.4%
	4.9%	11.2%
	22.6%	31.4%
Vacant Housing
	0.9%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	1.1%	0.4%
	1.2%	3.6%
	1.0%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	1.4%	2.4%
	1.1%	2.8%
	1.2%	3.9%
	3.5%	4.5%
	19.9%	11.3%
	27.3%	13.0%
	33.4%	20.1%
	6.7%	13.6%
	2.2%	8.3%
	1.3%	9.7%
	0.4%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	34.1%	13.6%
	34.1%	13.6%
	25.0%	13.6%
	11.0%	13.2%
	3.1%	14.8%
	25.0%	13.6%
	1.5%	10.0%
	0.0%	4.7%
	0.2%	12.2%

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