The housing market in Lapeer, NY is strong with a median value of $182,600 which is significantly lower than the US house median value of $338,100. The 1 year house appreciation rate for Lapeer, NY is 8.92%, which is higher than the US house appreciation rate of 8.27%. This suggests that Lapeer is a desirable community to live in and there continues to be steady demand for homes in the area. With competitive pricing and good prospects for future appreciation, now may be an ideal time to consider investing in a home in Lapeer, NY.
The median home cost in Lapeer is $182,600. Home appreciation the last 10 years has been 50.8%. Home Appreciation in Lapeer is up 14.8%.
Average Age of Homes
- The median age of Lapeer real estate is 43 years old
The Rental Market in Lapeer
- Renters make up 2.8% of the Lapeer population
- 0.0% of houses and apartments in Lapeer, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.