Is Laconia, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Laconia has remained a Seller's Market.
Key Takeaway
Laconia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laconia, NH
How much do homes in Laconia, NH cost?
Median Sold Price
$395,000
$309/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Laconia have sold for 23.4% more than they did a month ago.
Summary: The median home sold price in Laconia was $395,000 in March 2024, up 23.4% from last month, and the median price per square foot was $309.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $234.9K | $394K | +67.7% |
| 2 Bedrooms | $314.5K | $317K | +0.8% |
| 3 Bedrooms | $340K | $509.9K | +50.0% |
| 4 Bedrooms | $164K | $519.2K | +216.6% |
| 5+ Bedrooms | $590K | $707.5K | +19.9% |
Summary: Laconia housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes increased by 67.7%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 216.6%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Cities
| Gilford | $379.5K | $521.2K | +37.4% |
| Laconia | $320K | $395K | +23.4% |
Housing Supply in Laconia, NH
How many homes are available in Laconia, NH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 | 74 | -3.9% |
Summary: The Laconia real estate market had 74 homes for sale in March 2024, a 3.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 6 | -14.3% |
| 2 Bedrooms | 31 | 30 | -3.2% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 8 | 10 | +25.0% |
| 5+ Bedrooms | 6 | 8 | +33.3% |
Summary: The Laconia housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 15 | -34.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laconia, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Laconia in March 2024, down by 34.8% month-over-month. Of the 15 sold homes, 73% were sold under asking, 7% were sold at asking, and 20% were sold over asking.
Days on Market for Laconia, NH
We’re sorry, we don't have information for this market at the moment
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.