Mortgage payment estimates, closing cost breakdowns, and homebuying data for Laconia, New Hampshire.
Median Home Price
$345K
Population
17K
Avg Monthly Rent
$1,420
Property Tax Rate
2.09% *
* Property tax shown is the New Hampshire state average effective rate. Actual rates vary by county, city, and school district — check with your local assessor for exact rates in Laconia.
Laconia vs New Hampshire Median
The median home price in Laconia is $345,000, which is 20% below the New Hampshire state median of $430,000.
Mortgage Calculator — Laconia, NH
Pre-filled with Laconia median home price and New Hampshire tax/insurance rates. Adjust for your property.
Three down payment scenarios for a $345K home using New Hampshire's 2.09% tax rate and $1,400/yr insurance.
5% Down
$2,980/mo
Down: $17,250
Loan: $328K
P&I: $2,072
Tax: $601
Insurance: $117
PMI: $191
10% Down
$2,861/mo
Down: $34,500
Loan: $311K
P&I: $1,963
Tax: $601
Insurance: $117
PMI: $181
20% Down (No PMI)
$2,462/mo
Down: $69,000
Loan: $276K
P&I: $1,745
Tax: $601
Insurance: $117
Income needed (28% rule): $106K/year with 20% down, $123K/year with 10% down.
Rent vs Buy in Laconia
Rent
$1,420/mo
vs
Buy (10% down)
$2,861/mo
Price-to-rent ratio: 20.2 — At a ratio above 20, renting may be more economical in Laconia for shorter stays. Buying costs $1,441 more per month than renting, and it typically takes 5-7 years to break even on the transaction costs of buying.
The median home price in Laconia is $345,000, 20% below the New Hampshire state median of $430,000. With a population of 17,218, Laconia is a smaller market where home prices tend to be more accessible than in many parts of New Hampshire.
Property taxes in New Hampshire average 2.09% annually. This higher-than-average tax rate means a $345,000 home in Laconia would carry roughly $601/month in property taxes alone — plan accordingly. Homeowners insurance in New Hampshire runs approximately $1,400 per year. This is within the normal range nationally.
Average rent in Laconia is $1,420/month. With a price-to-rent ratio above 20, renting could be more economical in the short term — use our Rent vs Buy calculator to model your specific timeline.
Laconia presents moderate affordability. The $345K median puts homeownership within reach for median-income households, though down payment savings and closing costs require planning.
Run a Rent vs Buy analysis
Compare total costs of renting vs buying in Laconia.