Housing in Lapel, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$120,000
Median List Price
$317,500
Price Per Sq Ft
$125
Days on Market
89
Active Inventory
5
Months of Supply
5.0
Balanced market
Zillow Home Value
$212,638
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
0.0%
Sale-to-List Ratio
80.0%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
1
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$125
Median List $/SF
$192
Lapel vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lapel is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$201,900
Median Rent
$1,229
Total Housing Units
1,037
Vacancy Rate
2.3%
Owner Occupied
70.3%
Renter Occupied
29.7%
Median Property Tax
$1,287
per year
Monthly Cost (w/ Mortgage)
$1,018
Housing Types
The current median sale price in Lapel, IN is $120,000 according to Redfin data. Homes spend a median of 89 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $125. The median rent is $1,229 per month (Census ACS). About 70.3% of housing units are owner-occupied. The median year homes were built is 1972. There are 1,037 total housing units.