Cities with the fastest growing home prices in Laredo metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Laredo metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Laredo, TX metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 5 cities and towns with data available were included in the list.

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1 / 5
Stacker

#5. Mirando City, Mirando City

- 1-year price change: +$4,703 (+7.5%)
- 5-year price change: +$1,256,766 (data not available)
- Typical home value: $67,301 (#5 most expensive city in metro)
2 / 5
Stacker

#4. Rio Bravo, Rio Bravo

- 1-year price change: +$6,653 (+8.3%)
- 5-year price change: +$11,871 (+15.9%)
- Typical home value: $86,527 (#3 most expensive city in metro)
3 / 5
Stacker

#3. El Cenizo, El Cenizo

- 1-year price change: +$6,823 (+11.1%)
- 5-year price change: +$11,871 (data not available)
- Typical home value: $68,516 (#4 most expensive city in metro)
4 / 5
Stacker

#2. Laredo Ranchettes, Laredo Ranchettes

- 1-year price change: +$12,895 (+9.9%)
- 5-year price change: +$11,871 (data not available)
- Typical home value: $143,096 (#2 most expensive city in metro)
5 / 5
Stacker

#1. Laredo, Laredo

- 1-year price change: +$15,882 (+9.0%)
- 5-year price change: +$29,418 (+18.1%)
- Typical home value: $191,892 (#1 most expensive city in metro)

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