Laconia, NH—03246
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laconia, NH
As of Oct '25, the median home price in Laconia, NH is $422,000, with a year-over-year change of 0.2%. This indicates that home prices in Laconia, NH are flat. According to Zillow, the 1-year price projection is 4.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $422,000 | 0.2% |
| Single Family | $429,000 | 1.2% |
| Condos | $403,000 | 1.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $241,000 | -0.4% |
2 Bed | $359,000 | 0.6% |
3 Bed | $483,000 | 1.5% |
4 Bed | $584,000 | 1.6% |
| 5 Bed | $855,000 | 1.5% |
% of Housing Stock
Rental Trends — Laconia, NH
As of July '25, Rentcast reports the average rent in Laconia, NH is $2,090, with a year-over-year rent change of -0.9%. Per bedroom, the median rent as of July '25 in Laconia, NH is studios: $1,200, 1-bedrooms: $1,620, 2-bedrooms: $1,870, 3-bedrooms: $2,380, 4-bedrooms: $2,300. The most common rental property sizes in Laconia, NH are 2-bedroom and 1-bedroom, accounting for 37.2% and 29.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,800 | $2,090 |
| Studio Rent | $1,200 | $1,200 |
| 1 Bed Rent | $1,500 | $1,620 |
| 2 Bed Rent | $1,800 | $1,870 |
| 3 Bed Rent | $2,000 | $2,380 |
| 4 Bed Rent | $2,300 | $2,300 |
% of Rental Stock
Property Listings — Laconia, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in Laconia, NH is 55. This is a decrease of -22.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $652,000 | 26.0% |
Listing Count | 154 | 36.0% |
| Listings as % of Homes | 0.5% | 36.0% |
Days on Market | 55 | -22.0% |
Demographics — Laconia, NH
As of the latest ACS Survey released in 2023, Laconia, NH has a population of 17,000, which has increased by 4.2% over the past 5 years. Laconia, NH is a moderately popular place for families, as children make up 17.8% of the population. The area has a moderately educated workforce, with 25.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 17,000 | 4.2% |
% Under 18 | 17.8% | 8.5% |
% Seniors | 24.2% | 11.0% |
% WFH | 9.4% | 113.6% |
% w/ College Degree | 25.3% | -12.2% |
As of the latest ACS Survey released in 2023, Laconia, NH is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 4.2% in the last 5 years. The second most common race or ethnicity in Laconia, NH is hispanic, making up 3.2% of the population. Foreign-born residents account for 3.0% of the population in Laconia, NH, and this percentage has increased by 7.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.4% | -4.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 3.2% | 100.0% |
% Asian | 1.5% | 36.4% |
% Foreign Born | 3.0% | 7.1% |
Mortgage and Risk — Laconia, NH
According to HUD data as of 2023, there were 386 mortgage originations in Laconia, NH, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Laconia, NH. Investor activity is low, as 4.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 386 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 4.0% |
% Second Loans | 21.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Laconia, NH
Laconia, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 697 |
Total Units Section 8 | 697 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 89.9% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$350 | $1,500 | $1,150 |
| 2 Bedroom | -$360 | $1,800 | $1,440 |
| 3 Bedroom | -$190 | $2,000 | $1,810 |
| 4 Bedroom | -$140 | $2,300 | $2,160 |
Affordability — Laconia, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $422,000 |
| Median Household Income | $68,400 |