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Lapeer County, MI home prices

Lapeer County, MI: the typical home is worth $298,732 as of 2026-05, up +5.0% over the past year and n/a since 2000. Listings run about $220/sq ft. Rent…

Data as of · by the Real Estate Price Map data team · methodology & sources

Lapeer County is cooling and overvalued — very affordable for what people here earn.

Momentum+5.0%Cooling
Valuation+10%Elevated
Affordability8/10Very affordable
Market42 daysBalanced

Real Estate Price Map scores, derived from the data on this page · how we calculate them

1975: $35,075 → 2026: $298,732 (8.5×) pre-2000 estimated via FHFA index

Typical value$298,7322026-05
1-year+5.0%
5-year+28.7%
10-year+93.2%
Since 2000n/a
Population89k2024
Median income$71,5152023 · 4.2× income
Median rent$1,312/mo2026 · 5.3% gross yield
New homes/yr1492024
Price / sq ft$220listings
Days on market422026-06
Active listings1722026-06
Price cuts20%of listings

Market read

At $298,732, homes in Lapeer County sit 31% above the Michigan median ($228,626) and 28% above the US median ($233,954). That ranks #15 of 83 Michigan counties by price.

Prices are holding steady (+5.0% in the last year) — a balanced market.

Homes here move at a steady pace — a median 42 days on the market, with 20% of listings cutting their asking price.

At 4.2× local income, that's pricier than the typical US county (~3.8×).

Prices here sit roughly in line with what local incomes and rents imply at the typical US multiple.

Rent and buy are close — ~$1,475/mo to buy (P&I, 20% down) vs $1,312/mo to rent.

Home value history

Zillow ZHVI, monthly from 2000 · recessions shaded. See the full 1975 history on the interactive map →

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Nearby counties

Genesee County, MI ($197,853) · Tuscola County, MI ($189,043) · Saint Clair County, MI ($262,024) · Oakland County, MI ($373,127) · Macomb County, MI ($273,048) · Sanilac County, MI ($208,262)

Frequently asked questions

What is the average home price in Lapeer County, MI?
The typical home in Lapeer County is worth $298,732 as of 2026-05, based on the Zillow Home Value Index.
Are home prices in Lapeer County rising or falling?
Prices are up +5.0% over the past year and n/a since 2000 — a balanced market.
Is Lapeer County affordable?
At 4.2× the local median income of $71,515, Lapeer County is pricier than the typical US county.
What is the rental yield in Lapeer County?
Median rent is $1,312/mo — a gross rental yield of 5.3% on the typical home.
How fast do homes sell in Lapeer County?
Homes here take a median of 42 days to sell, with 20% of listings cutting their asking price.
Median home value by year
YearMedian home value
2007$137,084
2008$126,143
2009$114,043
2010$107,486
2011$103,105
2012$105,454
2013$122,494
2014$136,657
2015$149,579
2016$165,957
2017$172,940
2018$176,281
2019$188,414
2020$204,891
2021$250,291
2022$256,633
2023$266,402
2024$278,237
2025$287,219