Market Overview
Home Prices in Laketon, IN
The median home value in Laketon, IN is $125,382 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 11.9% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Laketon are priced69% below average. Laketon is part of the Wabash, IN metro area.
Over the past five years, Laketon home values have risen by approximately40.3%, reflecting strong long-term appreciation in this market.
Price History
Laketon Home Price Trend
City Comparison
Laketon vs. National Median
At $125,382, homes in Laketon cost 69% below the national median of $410,000. This makes Laketon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Laketon?
20% Down Payment
$25,076
on $125,382
Monthly P&I
$654/mo
30-yr @ 6.8%
Total Monthly Est.
~$831/mo
incl. taxes & insurance
Income Needed
$33,240
gross annual (30% rule)
10% Down Option
$12,538
+ PMI applies
Loan Amount (20% dn)
$100,306
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Laketon, IN?
The median home value in Laketon is $125,382 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 11.9% year-over-year.
How much have home prices changed in Laketon?
Over the past year, home values in Laketon have increased by 11.9%. Over five years, prices have risen approximately 40.3%.
How much do I need to earn to buy a home in Laketon?
To comfortably afford the median home price of $125,382 with a 20% down payment ($25,076) at today's rates (6.8%), you'd need a gross annual income of approximately $33,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Laketon compare to the national average home price?
The national median home value is approximately $410,000. At $125,382, homes in Laketon are 69% below the national average.
What metro area is Laketon part of?
Laketon is part of the Wabash, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.