78040 Home Values & Market Trends
There are 89 homes currently listed for 78040. 78040 real estate market trends show that home prices range from $75,000 to $570,000, and the median sales price in the 78040 zip code is $149,000. The total number of properties sold within the past twelve months is 138. In 78040, 2 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
78040 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Laredo | $ 255,000 $ 156/sqft |
Housing Market Summary for 78040
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $187.5K | $152.5K | -18.67% |
| Median Sold Price | $144.7K | $143.2K | -1.01% |
| Homes For Sale | 77 | 85 | 10.39% |
| Homes Sold | 191 | 165 | -13.61% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 78040
Browse Homes in 78040
The median list price of a home in Laredo, is $149,000. A total of 89 properties are for sale, and the percentage of properties for sale in the zip code is 89.00%. The total count of 78040 properties is 255.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 78040 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 78040; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 78040 ranges from the highest value of $552,978 in laredo to the lowest value of $104,713 in laredo. Bank owned homes and properties account for 0.39% of properties in 78040. There is 1 cities within 78040; laredo containing 52 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslaredo has 49 auction properties, the highest number of properties going to auction in a single city in the state of 78040. Auction homes and other auction properties account for 0.39% of all properties in 78040. There is 1 cities within 78040; of that cities, the median estimated home value for homes going to auction ranges from $899,900 in laredo to the lowest value of $97,000 in laredo.
Compare Nearby Zip Codes
More Real Estate Resources for 78040
Guide for 78040
Learn the pros and cons of buying a foreclosed property and invest in a foreclosure with confidence
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
