Housing in 78046 Laredo, TX is much more affordable than the US median value. The housing median value in 78046 is $175,000 compared to the US median house value of $338,100. Additionally, the 1-year house appreciation rate for 78046 is 15.93%, higher than the US average of 8.27%. This shows that property values are increasing rapidly in Laredo and it is an attractive option for people looking to purchase a home.
The median home cost in Laredo (zip 78046) is $175,000. Home appreciation the last 10 years has been 93.7%. Home Appreciation in Laredo (zip 78046) is up 17.4%.
Average Age of Homes
- The median age of Laredo (zip 78046) real estate is 21 years old
The Rental Market in Laredo (zip 78046)
- Renters make up 25.6% of the Laredo (zip 78046) population
- 3.2% of houses and apartments in Laredo (zip 78046), 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.