Market Overview
Home Prices in Laotto, IN
The median home value in Laotto, IN is $370,615 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.6% compared to a year ago and up 3.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Laotto are priced10% below average. Laotto is part of the Kendallville, IN metro area.
Over the past five years, Laotto home values have risen by approximately37.9%, reflecting strong long-term appreciation in this market.
Price History
Laotto Home Price Trend
City Comparison
Laotto vs. National Median
At $370,615, homes in Laotto cost 10% below the national median of $410,000. This makes Laotto a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Laotto?
20% Down Payment
$74,123
on $370,615
Monthly P&I
$1,933/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,455/mo
incl. taxes & insurance
Income Needed
$98,200
gross annual (30% rule)
10% Down Option
$37,062
+ PMI applies
Loan Amount (20% dn)
$296,492
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 Laotto, IN?
The median home value in Laotto is $370,615 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.6% year-over-year.
How much have home prices changed in Laotto?
Over the past year, home values in Laotto have increased by 6.6%. Over five years, prices have risen approximately 37.9%.
How much do I need to earn to buy a home in Laotto?
To comfortably afford the median home price of $370,615 with a 20% down payment ($74,123) at today's rates (6.8%), you'd need a gross annual income of approximately $98,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Laotto compare to the national average home price?
The national median home value is approximately $410,000. At $370,615, homes in Laotto are 10% below the national average.
What metro area is Laotto part of?
Laotto is part of the Kendallville, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.