Sell My House Fast in Laredo, Texas with an iBuyer

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Laredo Real Estate Market Overview

Average Monthly Rent:

$800

Percentage Change in Home Price/Value:

15.4%

Median Home Value:

$225,000

Best Time To Sell Home:

September

Affordability Index:

134

Days To Sell House:

N/A

Job Market:

Weak

Public School Ranking:

28

Location and Weather

The city of Laredo is the county seat of Webb County, located on the north bank of the Rio Grande River. Laredo sits south of the Edwards Plateau, and just east of the Coastal Plains. This city has a small town –esque and a location that’s made it a huge transportation company hotspot. It’s also home to a variety of historic landmarks, attractions, museums and annual festivals that attract both tourists and residents.

Weather in Laredo can be very hot and humid, reaching a high temperature of 99.5 during the month of August. There’s less rain here than most cities in Texas, and typically no snow.

Population, Job Market and Cost of Living

The population in Laredo is 267,396, with a growth rate of 0.62% annually. The job market has increased by 1.1% over the last year. In ten years, job growth is predicted to be 33.4%. The economy here is largely dependent on international trade with Mexico, as it is an inland port on the USA-Mexico border. Laredo also serves two public school districts, which has resulted in education to be one of the key industries within the city’s job market. Other large industries include transportation and logistics, government, hospitality, construction and health services.

The job market is diverse, and the city of Laredo emphasizes their efforts to maintain a conducive environment for the employment opportunity here. This is an affordable city to live in, with a lower average cost of living than the Texas and U.S. average.

Hottest Neighborhoods:

San Isidro, Del Mar Hills, La Bota Ranch, Lakeside, Winfield, Los Presidentes, Villas San Agustin

Average Monthly Rent in Laredo

The average monthly rent in Laredo is $800.

Change in Home Value and Median Home Value

There has been a 15.4% increase in Laredo’s median home value over the last year. As of 2022, the median home value is $225,000.

Best Time to Sell a House in Laredo

September is the best time to sell for the highest value, while November is the best time to sell a home quickly.

Affordability Index

The affordability index in Laredo is 134. This number indicates high affordability in this city.

Laredo Public School Ranking

The top ranked public schools are Cedar Valley Elementary, Clifton Park Elementary, Dr. Joseph A Fowler Elementary, Charles E. Patterson Middle, Alice W. Douse Elementary, Saegert Elementary and C. E. Ellison High School. This information is supported by data from general educator statistics, school attendance, and the U.S. Department of Education.

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