The story of this market
The typical home in ZIP 78040 sells for about $140,000, or $116 per square foot.
Prices are roughly flat from a year ago (0%), a market in balance. Homes take about 77 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $895 a month.
ZIP 78040 — Laredo
The 78040 housing market remains a highly affordable segment of the Laredo area with a median listing price significantly lower than the city-wide average. Market activity is characterized by steady demand for lower-cost housing, though specific inventory and sales metrics for this ZIP are limited compared to broader city data.
This ZIP is primarily suited for budget-conscious buyers and renters seeking affordable housing options within the Laredo urban core.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 77 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.3% · poverty 34.5% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 78040, Webb County TX
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Texas) — Senior (65+) and Disabled Homestead Exemption and School Tax Ceiling: Grants an additional mandatory $10,000 exemption from ISD appraised value (Taxable Value_ISD = Appraised Value - $100,000 - $10,000) and establishes an absolute statutory tax freeze (school tax ceiling): total ISD property taxes cannot exceed the dollar ceiling established in the… State (Texas) — General Residence Homestead Exemption and 10% Valuation Growth Cap: Imposes mandatory state-level valuation deductions and growth limitations on the qualifying homestead: (1) Mandates a $100,000 deduction from appraised value for independent school district (ISD) maintenance and operations/debt taxation: Taxable Value_ISD = Appraised Value - $100… State (Texas) — Ad Valorem Real Property Taxation and Assessment Ratio: Mandates ad valorem appraisal of all real property at 100% of fair market value as of January 1 each tax year (Assessment Ratio = 1.00).
Laredo's economy is heavily anchored by international trade, logistics, and transportation sectors due to its position as a major port of entry.
Data retrieved from U.S. Census Bureau and United States Zip Codes portal.
- Chuck E. Cheese4.32.6 mi
- Mojapies El Palomo44.9 mi
- Urban Air Trampoline and Adventure Park4.63.7 mi
- Sames Auto Arena4.54.6 mi
- Golden Corral Buffet & Grill4.53.1 mi
- Centro Cultural Nuevo Laredo4.66.3 mi
- Bill Johnson Student Activity Center4.54.7 mi
- Alamo Drafthouse Cinema Laredo4.57.2 mi
- Parque Viveros4.43.1 mi
- Lake Casa Blanca International State Park4.44 mi
- North Central Park4.66.3 mi
- Slaughter Park4.52.1 mi
- Boliche Laredo4.63.2 mi
- Centro Cultural Nuevo Laredo4.66.3 mi
- Imaginarium of South Texas4.40.8 mi
- Laredo Water Museum4.60.8 mi
- Sala Sergio Peña, Antigua Aduana4.32 mi
- House of Culture4.52.9 mi
- Parque Viveros4.43.1 mi
- Lake Casa Blanca International State Park4.44 mi
- North Central Park4.66.3 mi
- Slaughter Park4.52.1 mi
- Parque Narciso Mendoza4.21.7 mi
- Laredo Country Club4.65.9 mi
- Casa Blanca Golf Course4.53.7 mi
- Club Campestre Nuevo Laredo4.64.4 mi
- Mall del Norte4.42.5 mi
- The Outlet Shoppes at Laredo4.51 mi
- Ross Dress for Less4.32.3 mi
- Burlington4.51.7 mi
- Burlington4.57 mi
- Laredo International Airport4.33.5 mi
- Quetzalcóatl International Airport3.95.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.