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These days, finding an affordable place to live in the Laconia area can be challenging. Home prices in Laconia are now at a median cost of $196,596, lower than the Indiana average of $232,932.
The average cost of rent is $669/mo in Laconia, primarily driven by the current value of real estate in the Laconia area. In Laconia, 5.64% of households rent, and 48.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Laconia is $5,316 per month. Households that rent pay about 12.58% of their income on rent here. Laconia’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Central, IN: higher priced homes
- Mauckport, IN: less expensive homes
- New Middletown, IN: higher priced homes
- Elizabeth, IN: higher priced homes
- Brandenburg, KY: higher priced homes
- New Amsterdam, IN: higher priced homes
- West Point, KY: less expensive homes
- Muldraugh, KY: less expensive homes
- Ekron, KY: equally priced homes
- Battletown, KY: higher priced homes
Cities with Similar Populations
- Trevorton, PA: less expensive homes
- Dryden, WA: higher priced homes
- El Nido, CA: higher priced homes
- Emerson, NC: less expensive homes
- Fowler, IL: higher priced homes
- Francestown, NH: higher priced homes
- Friendship, MD: higher priced homes
- Fruitland, IA: equally priced homes
- Glen Alpine, NC: less expensive homes
- Tionesta, PA: less expensive homes
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