Laconia housing market

Buyer's marketLaconia, NH metro areaData through Sep 2026
Typical home value
$508K
▲ 2.8% 1 yr
Typical rent
$1,956/mo
▲ 3.1% 1 yr
12-month forecast
+2.2%
#249 of 546 metros
Gross rent yield
4.6%
#460 of 546 · U.S. 6.3%
Days to pending
47 days
▲ +11 days 1 yr
Listings with a price cut
30%
▲ +4.9 pts 1 yr

Key takeaways

  • 1The typical home is worth $507,608, up 2.8% in a year and up 36% over five years.
  • 2Zillow forecasts home values rising 2.2% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,956/mo (+3.1% YoY), a 4.6% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,790/mo in principal and interest, $834 more than renting.
  • 5Homes go under contract in 47 days (+11 days vs last year); 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 35/100, #370 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $508K
$239K$322K$406K$489K2016201920222025
Typical monthly rent
Latest $1,956
$1,598$1,725$1,852$1,9792023202420252026

How fast homes are selling

Days to go under contract
Latest 47
153250672020202220242026
Share of listings with a price cut
Latest 30.0%
7.3%14.4%21.4%28.4%20182020202220242026
Homes for sale vs new listings
Latest 451
For saleNew listings
9132054977820182020202220242026
Share of homes sold above list price
Latest 25.9%
23.8%36.9%50.1%63.2%2020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Laconia compares

MeasureLaconiaUnited StatesRank of 546
Home value, 1-yr change+2.8%+1.2%#224
Home value, 5-yr change+35.5%+19.7%
12-month forecast+2.2%+1.1%#249
Rent, 1-yr change+3.1%+2.7%#297
Gross rent yield4.6%6.3%#460
Price-to-rent ratio21.615.8
Mortgage P&I on typical home$2,790$2,012
Days to pending4756

Run the numbers

Other New Hampshire metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.