Laredo Quarterly Home Price Growth Slows to 3.8 Percent Compared to Last Year

Laredo home prices posted a 3.8 percent gain in the second quarter compared with the same three months last year, when the increase reached 6.2 percent.

The slower pace arrives as higher mortgage rates and steady inventory levels have tempered buyer demand along the border, where cross-border commerce continues to support local jobs yet adds pressure on housing supply near the international bridges.

Neighborhood Sales Patterns

Transactions along Del Mar Boulevard in the San Agustin area showed the most visible shift, with 42 homes closing between April and June at a median of $232,000. In the Villa del Sol subdivision near the Laredo International Airport, 28 properties sold during the quarter, down from 37 a year earlier, according to county deed records. The Laredo Economic Development Corporation reported that new listings in both zones increased by 11 percent from the prior quarter, giving buyers more selection than they had in spring 2025.

County appraisal district figures placed the citywide median sales price at $248,500 for the April-June period, up from $239,400 in the second quarter of 2025. Average days on market stretched to 47, compared with 38 twelve months ago, while the share of homes selling above asking price fell to 19 percent from 27 percent.

Buyer Outlook

Buyers who secure pre-approval letters before the end of July stand to move faster on listings that remain priced near recent comps, especially in the $220,000 to $260,000 range that dominates current inventory. Sellers planning to list in August should review recent closed prices on their block rather than relying on last year’s peak figures.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.