The housing market in Lapeer, MI County is strong and growing. The median value of homes in the county is $246,100, which is significantly lower than the US median value of $338,100. In the last year, house appreciation in Lapeer has been 9.74%, higher than the national average of 8.27%. This indicates that the housing market in Lapeer is healthy and growing quickly, making it an attractive area for people looking to buy or invest in property.
The median home cost in Lapeer County is $246,100. Home appreciation the last 10 years has been 116.8%. Home Appreciation in Lapeer County is up 12.7%.
Average Age of Homes
- The median age of Lapeer County real estate is 39 years old
The Rental Market in Lapeer County
- Renters make up 15.1% of the Lapeer County population
- 0.5% of houses and apartments in Lapeer County, 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.