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Advertise here →Lapeer, MI · Market Data
Lapeer, Michigan real estate market data.
Real estate market data for Lapeer, MI (Lapeer County) — Census median home value $165,300, county listing prices up about 2.0% over the past year.
Lapeer, MI is in Lapeer County, Michigan — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 9,053, with a median household income of $53,038. Census data puts Lapeer's median home value at $165,300 (all owner-occupied homes); Lapeer County's current median listing price runs $397,950, up about 2.0% over the past year.
At a glance
Lapeer market snapshot
Population
9,053
Median Household Income
$53,038
Median Home Value (city)
$165,300
Median Listing Price (Lapeer County)
$397,950
Median Gross Rent
$947/mo
Price Trend (YoY)
+2.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Lapeer different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Lapeer's median home value — across all owner-occupied homes, not just recent sales — at $165,300. Separately, Lapeer County's current median listing price (via Realtor.com data, 2026-06-01) runs $397,950. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Lapeer County's FHFA house price index shows a 5.61% annual change in 2025.
Population & Income
Lapeer has an estimated population of 9,053 and a median household income of $53,038, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Lapeer's Census-reported median home value works out to about 3.1x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Lapeer FAQ
What are home values like in Lapeer, MI?
The Census Bureau's American Community Survey puts Lapeer's median home value at $165,300. Lapeer County's current median listing price runs $397,950, up about 2.0% over the past year.
What is the population of Lapeer, MI?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Lapeer's population at approximately 9,053.
What's the median rent in Lapeer, MI?
The Census ACS estimates median gross rent in Lapeer at approximately $947 per month.
What is the median household income in Lapeer, MI?
Census ACS data puts the median household income in Lapeer at approximately $53,038.
Is the Lapeer housing market growing?
Lapeer County's FHFA house price index shows a 5.61% annual change in 2025.
Is Lapeer, MI affordable relative to income?
Census ACS data puts Lapeer's median home value at about 3.1 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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