Housing in Lapeer, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$197,450

Median List Price

$204,900

Price Per Sq Ft

$120

Days on Market

70

Active Inventory

20

Months of Supply

3.3

Seller's market

Zillow Home Value

$255,110

ZHVI — January 2026

Zillow Rent Index

$1,183

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 12.6%List Price 26.8%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.7%

Off Market in 2 Weeks

28.6%

Sale-to-List Ratio

98.8%

Buyer's market

Sold Above Asking
16.7%
Under Contract in 2 Wks
28.6%
Listings with Price Drops
15.0%

Market Activity

Source: Redfin

Homes Sold

6

New Listings

6

Pending Sales

7

Homes Sold 45.5%New Listings 33.3%Pending 22.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$120

Median List $/SF

$156

Sale $/SF 13.0%List $/SF 8.3%Mar 24Jan 26

Lapeer vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lapeer 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

$165,300

Median Rent

$947

Total Housing Units

3,880

Vacancy Rate

7.2%

Owner Occupied

49.9%

Renter Occupied

50.1%

Median Property Tax

$1,994

per year

Monthly Cost (w/ Mortgage)

$1,069

Housing Types

Single Family
50.6%
Multi-Family
40.9%
Mobile Home
8.5%

The current median sale price in Lapeer, MI is $197,450 according to Redfin data. Homes spend a median of 70 days on the market. 16.7% of homes sold above asking price. The market has 3.3 months of supply. The median price per square foot is $120. Zillow's observed rent index is $1,183/month. About 49.9% of housing units are owner-occupied. The median year homes were built is 1975. There are 3,880 total housing units.