The story of this market
The typical home in ZIP 78045 sells for about $249,875, or $160 per square foot.
Prices are down 3.1% from a year ago, which gives buyers more room to negotiate. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,157 a month.
ZIP 78045 — Laredo
The Laredo housing market is currently experiencing a period of price softening and reduced sales volume. Elevated inventory levels and affordability constraints are driving a cooling trend in the local residential sector.
Median prices moved down 3.1% year over year.
Homes spend a median of 68 days on market with 5.2 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) — a stable, low-distress profile.
Laredo serves as a major inland port and logistics hub, with significant economic activity driven by international trade and cross-border commerce.
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).
The economy is heavily anchored by the logistics, transportation, and international trade sectors due to Laredo's position as a primary US-Mexico border crossing.
- Alamo Drafthouse Cinema Laredo4.519 mi
- Laredo International Airport4.323.2 mi
- Quetzalcóatl International Airport3.926.4 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.