LAREDO HOUSING MARKET INFORMATION With 257,602 people, 76,259 houses or apartments, and a median cost of homes of $186,303, house prices in Laredo are solidly below the national average. Single-family detached homes are the single most common housing type in Laredo, accounting for 67.65% of the city's housing units. Other types of housing that are prevalent in Laredo include large apartment complexes or high rise apartments ( 15.30%), mobile homes or trailers ( 7.82%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.11%). The most prevalent building size and type in Laredo are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.65% owning and 37.35% renting. Laredo homes and real estate are some of the newest in America. 42.86% of Laredo's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Laredo real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 41.65%), and between 1940-1969 ( 12.13%). There's also some housing in Laredo built before 1939 ( 3.36%). LAREDO HOME APPRECIATION RATES Some of the lowest real estate appreciation rates in America over the last ten years have been in Laredo, where house values have increased just 51.25%, which is annualized rate of 4.22%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America. Over the last year, Laredo appreciation rates have trailed the rest of the nation. In the last twelve months, Laredo's appreciation rate has been -4.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, 蘑菇视频's data show that house appreciation rates in Laredo were at -7.47%, which equates to an annual appreciation rate of -26.70%. Notably, Laredo's appreciation rate in the latest quarter is one of the lowest in America. Relative to Texas, our data show that Laredo's latest annual appreciation rate is lower than 90% of the other cities and towns in Texas. One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Laredo differ in their investment potential, sometimes by a great deal. Fortunately, you can use 蘑菇视频 to pinpoint the exact neighborhoods in Laredo - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Laredo real estate investment or home purchase decisions.