Laconia, IN—47135
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Laconia, IN
As of Oct '25, the median home price in Laconia, IN is $249,000, with a year-over-year change of 2.0%. This indicates that home prices in Laconia, IN are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $249,000 | 2.0% |
| Single Family | $248,000 | 2.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $243,000 | 3.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Laconia, IN
Laconia, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Laconia, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Laconia, IN is 105. This is a increase of 333.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $200,000 | 188.0% |
Listing Count | 2 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 105 | 333.0% |
Demographics — Laconia, IN
As of the latest ACS Survey released in 2023, Laconia, IN has a population of 1,060, which has decreased by -1.3% over the past 5 years. Laconia, IN is a popular place for families, as children make up 27.1% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,060 | -1.3% |
% Under 18 | 27.1% | 144.1% |
% Seniors | 21.2% | -14.9% |
% WFH | 11.9% | 21.4% |
% w/ College Degree | 18.4% | 300.0% |
As of the latest ACS Survey released in 2023, Laconia, IN is a predominantly white area, with 96.1% of the population identifying as white. The white population has grown by 12.3% in the last 5 years. The second most common race or ethnicity in Laconia, IN is hispanic, making up 1.6% of the population. Foreign-born residents account for 1.6% of the population in Laconia, IN, and this percentage has increased by Inf% 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 | 96.1% | 12.3% |
% Black | 0.1% | ∞% |
% Hispanic | 1.6% | 6.7% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.6% | ∞% |
Mortgage and Risk — Laconia, IN
According to HUD data as of 2023, there were 62 mortgage originations in Laconia, IN, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Laconia, IN. Investor activity is low, as 6.0% 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 | 62 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Laconia, IN
Laconia, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 2.4% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $970 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | N/A | N/A | $1,540 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Laconia, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $249,000 |
| Median Household Income | $55,800 |