Housing Report for Laredo
In Laredo, the U.S. Census Bureau, Population Division accounted for a total of 64,901 housing structures in 2005. The metro area has seen a medium-high growth level in the number housing units, adding in all 7,168 residential structures since 2001, a change of 12.4 percent.
The residential real estate values in Laredo, Texas have experienced moderate increases from the real estate values reported in 2000. The valuations have increased by $12,600, or 16.9 percent, since 2000 when their medians were valued at $74,600.
In the State of Texas, Laredo is positioned 3 of the 25 metro areas by percentage growth in residential real estate. The metro area is positioned 28 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
Laredo had an owner-occupied dwelling median in 2005 of $87,200, accounted by the American Community Survey. This median is less than the State of Texas 2005 median home value of $106,000 and less than median home value of $167,500 for the rest of the nation in that year.
Laredo has a small, but present proportion of residential real estate that is high priced. During the year 2005, the American Community Survey accounted that 0.5 percent of owner-occupied dwellings were valued over a half a million dollars.
There seems to be a large amount of affordable housing in Laredo, Texas. In 2005, 75.4 percent of residential real estate was valued under $125,000.
Data Source: U.S. Census Bureau
The residential real estate values in Laredo, Texas have experienced moderate increases from the real estate values reported in 2000. The valuations have increased by $12,600, or 16.9 percent, since 2000 when their medians were valued at $74,600.
In the State of Texas, Laredo is positioned 3 of the 25 metro areas by percentage growth in residential real estate. The metro area is positioned 28 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
Laredo had an owner-occupied dwelling median in 2005 of $87,200, accounted by the American Community Survey. This median is less than the State of Texas 2005 median home value of $106,000 and less than median home value of $167,500 for the rest of the nation in that year.
Laredo has a small, but present proportion of residential real estate that is high priced. During the year 2005, the American Community Survey accounted that 0.5 percent of owner-occupied dwellings were valued over a half a million dollars.
There seems to be a large amount of affordable housing in Laredo, Texas. In 2005, 75.4 percent of residential real estate was valued under $125,000.
Data Source: U.S. Census Bureau
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