Market Intelligence · TX / Laredo

Laredo, TX 78040 Housing Market

The typical home value in 78040 is $130,875, up 5.5% over the past year. The median list price stands at $149,250, with homes taking a median of 85 days on the market as of September 2026.

Updated September 2026Median value$131K

The median home value in Laredo, TX 78040 is $131K as of September 2026, up 5.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 78040 range

$120K to $141K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.5% over 12 months

Sep 2025$124K

Low $124KHigh $133K

Sep 2026$131K

The numbers

What is the 78040 housing market like?

As of September 2026

Typical home value

$131K

5.5%YoY

Median list price

$149K

6.6%MoM

Days on market

3.4%MoM

Homes for sale

8.3%MoM

Price cuts

6.9%

22.4%MoM

New listings

25.0%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

78040 housing market forecast 2027

+0.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 78040 to rise 0.5% by September 2027.

Over the 12 months through September 2026, typical home values in 78040 rose 5.5%, per the Zillow Home Value Index.

Will home prices drop in 78040?

Zillow's forecast does not call for a drop: it expects typical home values in 78040 to rise 0.5% by September 2027, after a 5.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 78040 home prices compare?

78040$130,875
Laredo$194,263
Texas$258,447
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Laredo: 5 ZIPs; Texas: 1,512 ZIPs; United States: 26,262 ZIPs).

Context

78040 has 39 homes currently listed, with 10 new listings added as of September 2026. The median time on market of 85 days suggests a measured pace of sales. Only 6.9% of listings have seen a price cut, indicating that sellers have generally held their asking prices despite the extended timeline. The typical home value of $130,875 has climbed 5.5% year-over-year. For sellers, the data points to a market where patience is required and price expectations should align with recent comparable sales.

Monthly payment

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Home price

Down payment20% · $26,175

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Common questions

What people ask us.

What is the typical home value in 78040?

The typical home value in 78040 is $130,875, which has increased 5.5% over the past year as of September 2026.

How long do homes take to sell in 78040?

The median days on market in 78040 is 85 days as of September 2026.

How many homes are currently for sale in 78040?

As of September 2026, there are 39 homes for sale in 78040, with 10 new listings in that period.

Discover

Nearby ZIP markets.

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