Laconia, NH Housing Market
AI-powered market intelligence for the Laconia, NH metro area.
PropertyIQ Scores
Laconia, NH Market Analysis
Market Overview
Laconia presents a moderate-to-weak housing market, with a PropertyIQ Score of 39 out of 100. The median home value is $513,254, just below the New Hampshire state average of $516,306, but local incomes are lower: median household income is $87,983 compared with $95,628 statewide. The score’s top drivers show mixed momentum—12-month home value momentum is 6.87%, while 3-month momentum is -1.03%. A year-over-year home value change of -$8 reinforces that price growth has flattened. With 357 homes for sale, a median 63 days on market, and 22.2% of listings with a price cut, conditions are shifting toward buyers.
Laconia’s rent index is a clear outlier. At $1,927, it is $504 above the state average of $1,423, or about 35% higher. The unemployment rate is 2.8%, matching the state average, so the labor market is stable. However, the mix of near-state-average home values, below-average income, and elevated rents creates affordability pressure. This combination helps explain the 39/100 score and points to a market with selective rather than broad strength.
Key Trends
Several trends stand out. First, price momentum is cooling. The 12-month home value momentum of 6.87% shows earlier strength, but the 3-month momentum of -1.03% and the -$8 year-over-year change indicate recent flattening or slight decline. Second, inventory and market time are giving buyers more leverage. There are 357 homes for sale, the median days on market is 63, and 22.2% of listings have had a price cut. That level of price reductions suggests sellers are adjusting to attract offers. Third, rents are high relative to the state average. Laconia’s rent index of $1,927 compares with $1,423 statewide, which may reflect rental demand but also adds affordability pressure. Fourth, local affordability is tighter than the state average. The median home value is only slightly below the state average, but median household income is $7,645 lower, making home prices more difficult for local residents to absorb.
Who Is This Market For
This market is best suited for rental property investors and buyers who can negotiate. Rental investors may find the rent index of $1,927 attractive relative to the state average of $1,423, especially since the median home value of $513,254 is slightly below the state benchmark. Stable employment, with a 2.8% unemployment rate, supports potential tenant demand. However, investors should note the negative 3-month price momentum and flat annual price change, which suggest limited short-term appreciation.
For owner-occupants, especially move-up buyers or those with existing equity, current conditions may provide negotiating room. With 357 homes for sale, a median 63 days on market, and 22.2% of listings with a price cut, serious buyers can likely negotiate on price or terms. First-time buyers may face a harder path because the median home value of $513,254 is high relative to the median household income of $87,983. Short-term flippers or speculators are likely to find the market less attractive given the recent cooling trend and low overall PropertyIQ Score.
Outlook
The near-term outlook is cautious. The negative 3-month home value momentum of -1.03% and the -$8 year-over-year change point to flat or slightly soft prices. The positive 12-month momentum of 6.87% suggests there was enough demand earlier to prevent sharp declines, but with 357 homes for sale and 22.2% of listings taking price cuts, the market currently favors buyers. High rents and stable unemployment may support some housing demand, but below-average household income is a limiting factor. Population growth data is not available, so no demographic tailwind can be assumed. Unless inventory tightens or short-term momentum turns positive, Laconia is likely to see continued flat-to-soft price conditions.
AI-generated analysis based on current market data. Last updated September 28, 2026.
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Laconia, NH market data
Laconia, NH Housing Market Overview
Laconia, NH's median home value is $513K, up 6.9% over the past year. Homes here sell in a median 63 days. Its PropertyIQ Score of 39 sits below the state average of 50, marking a market positioned to lag its state over the next three years.
Whether you're considering buying a home, investing in rental property, or weighing entry timing in the Laconia, NH area, the PropertyIQ Score gives you a single, data-first read on relative market strength. It is validated against actual market outcomes from 2001 to 2023, with a positive score-to-return relationship in every validated year across NH and every other US state.
New England's housing market is shaped by historic density, prestigious universities, and a mature healthcare and biotech economy. Markets here tend toward stability, with slower but steady appreciation driven by constrained supply and strong institutional demand. Within the New England, Laconia, NH's PropertyIQ Score of 39 runs below the New England norm.
For the Laconia, NH market, PropertyIQ calculates a single score each month from four inputs: twelve-month Zillow home-value momentum, three-month Zillow home-value momentum, median days on market from Realtor.com, and the Realtor.com price-reduced share. The score is computed nationally across all metros and calibrated so 50 equals the state average. Across the validation history, metro markets in the top score band have outperformed their state by roughly 1.7 percentage points more per year than bottom-band markets. Momentum here has been positive, with home values up 6.9% over the past year.
View Laconia, NH's complete market profile including historical price trends, score history, and AI-generated analysis. Compare this market against any other US metro to find the best opportunities for your investment strategy.
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ZIP codes in the Laconia, NH metro area
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Market data through August 2026. Sourced from Zillow, Realtor.com, Redfin, U.S. Census Bureau, FRED, BLS, and BEA. Per-statistic source and date shown above.
Frequently Asked Questions
Is Laconia, NH a good place to buy real estate in 2026?
PropertyIQ doesn't label markets simply good or bad. Instead, the PropertyIQ Score measures a market's demand momentum against its own state, where 50 marks the state average. Laconia, NH currently scores 39, a weak-momentum reading that leaves it positioned to lag its state over the next three years. For buyers, cooling demand usually brings more inventory, longer sale times, and real leverage to negotiate on price. Backing that up, the median home value here is $513K, up 6.9% over the past year. So whether Laconia, NH is right for you comes down to your goals: a rising-momentum market can favor long-term appreciation but offers less room to negotiate, while a cooling one hands buyers more leverage. Treat the score as a timing signal to weigh alongside your budget, holding period, and plans for the property, not a verdict on the market's quality.
What is the PropertyIQ Score for Laconia, NH?
Laconia, NH's PropertyIQ Score is 39, indicating weak momentum on a 1-to-99 scale. The score distills four transparent inputs into a single number: Zillow home-value momentum over the past 12 months, Zillow home-value momentum over the past 3 months, the median days homes spend on the market from Realtor.com, and the share of listings with a price cut, also from Realtor.com. Rising values and faster sales push the score up, while slow sales and frequent price cuts pull it down. The scale is calibrated so 50 equals the state average, meaning a score above 50 predicts the market will outperform its state over the next three years and a score below 50 predicts underperformance. PropertyIQ computes the score across every US market nationally, then recenters it against each state, so 39 places Laconia, NH below its state benchmark.
Are home prices in Laconia, NH rising or falling?
Home prices in Laconia, NH are rising. Over the past year, the median home value increased 6.9%, reaching $513K. Over the latest three months, values slipped 1.0%, a sign near-term demand is softening. PropertyIQ derives these figures from Zillow's home-value index, which tracks the typical value across the market rather than only the homes that happened to sell, giving a steadier read than a raw median sale price. Both the 12-month and 3-month momentum readings feed directly into the PropertyIQ Score, so this price trend is one of the core signals behind Laconia, NH's current score. Keep in mind that appreciation can vary widely by neighborhood and price tier across the metro area, so treat these figures as the market-wide baseline rather than a guarantee for any single property.
How quickly do homes sell in Laconia, NH?
In Laconia, NH, homes sell in a median of 63 days from listing to pending sale, based on Realtor.com market data. Median days on market is one of the clearest real-time reads on local demand: when homes move quickly, buyers are competing and sellers hold the advantage, while lengthening timelines signal cooling interest and more room to negotiate. Alongside sale speed, about 22% of active listings here have taken at least one price cut — a complementary demand gauge, since a rising share of reductions often precedes slower sales and softer prices. Both median days on market and the price-cut share feed directly into the PropertyIQ Score, where faster sales and fewer cuts push the score higher. As a general guide, medians under about 30 days indicate a brisk, competitive market, while medians well beyond 60 days point to buyers regaining leverage. Actual time on market still varies by price band, property type, and season, so treat the median as a market-wide baseline.
How current is this metro area data?
This Laconia, NH market data is refreshed on a monthly cycle, with the latest figures current through August 2026. PropertyIQ ingests fresh data every month from a range of authoritative sources: home values and rents from Zillow, days on market and price-cut activity from Realtor.com, additional housing signals from Redfin, demographic and housing-stock data from the U.S. Census Bureau, mortgage and macroeconomic series from FRED, and employment figures from the Bureau of Labor Statistics and the Bureau of Economic Analysis. The PropertyIQ Score itself is recomputed every month once the new source data lands, so the score and its four underlying inputs always reflect the most recent complete reporting period rather than a static snapshot. Because official housing data is typically released with a short lag, the current-through date usually trails the present by a few weeks, which is normal across the industry and not a sign the data is out of date.