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MI area data

Lapeer, MI

Lapeer, MI.

Population: 30,581 (Census ACS)

Home values & appreciation

Median home value
$271,767
1-year appreciation
+4.0%
3-year appreciation
+11.7%
5-year appreciation
+20.8%
10-year appreciation
+77.9%
All-time peak (2026-04)
$272,404
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$285,500
Median list price
$284,950
Median days on market
26 days
Sale-to-list ratio
99.3%
Active listings
73
1-year forecast
+1.1%
Days to pending
33 days
New listings (monthly)
39

Rents

Typical rent
$1,373/mo
1BR fair-market rent
$970/mo
3BR fair-market rent
$1,490/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
10
Elementary schools
4
Middle schools
1
High schools
2
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, coldWave, iceStorm, tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
49.0°F
Average high
58.0°F
Average low
39.0°F
Annual precipitation
37.7 in

Walkability & transit

Walkability index
10.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Dupont-Lapeer Airport (4 mi)
Nearest major airport
Bishop International Airport (FNT) (21 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
2.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Migration

Net migration
+269 tax filers

Housing stock

Median year housing built
1,977
Median annual property tax
$1,805
Mean commute to work
27 min
Households with broadband internet
64.4%

Employment & development

Total county employment
18,108
Average weekly wage
$927
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
127

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents