property
Laredo Houses Outpace Condos in Price Growth, New Data Shows
Single-family homes along McPherson Road and in the Del Mar neighborhood posted stronger gains than condominiums near the Rio Grande in the latest Webb County data.
How we reported this
Median prices for single-family houses in Laredo reached $245,000 during the second quarter of 2026, while condominium units averaged $162,000, according to the Webb County Appraisal District quarterly report released July 8.
The split reflects buyer preferences for detached homes with yards amid rising border trade volumes and limited new multifamily construction permits issued through May. Families weighing school districts and long-term equity now face clearer trade-offs when comparing inventory along major corridors.
Neighborhood-Level Shifts
Sales records show detached houses on McPherson Road north of the Laredo International Airport gained 4.2 percent since January, while units in the Del Mar area near San Bernardo Avenue slipped 1.8 percent over the same stretch. The Laredo Association of Realtors tracked 312 house closings versus 87 unit transactions in the period, with days on market for houses averaging 28 compared with 41 for units.
Inventory data from the same report lists 184 active single-family listings priced above $220,000, concentrated in the Heights and near the Laredo Energy Arena, against 79 condominium units mostly under $175,000 along the riverfront.
Buyer Implications
Prospective purchasers checking listings this month should compare property tax assessments directly through the Webb County portal before offers, since the divergence widens the gap in annual carrying costs between the two categories. Those targeting entry-level options may find more negotiating room on units, while move-up buyers can expect firmer pricing on houses with garages and outdoor space.
Market watchers at the local board anticipate continued separation through the end of summer unless new multifamily projects break ground near the Mall del Norte by September.
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.