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Preforeclosure Homes in Lapeer, MI

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Lapeer, MI Foreclosures

How much do homes sell for in Lapeer, MI?
The average home price is currently $289,640.
In Lapeer, MI, how many homes are available?
There are currently 8 active home listings available in Lapeer.
What’s the average rental cost in Lapeer, MI?
The average rental price in Lapeer is $1,245.
What is the most expensive home in Lapeer?
The most expensive home sold in Lapeer had a price of $6,384,245.
What is currently the cheapest priced home in Lapeer, MI?
The cheapest home for sale in Lapeer is priced at $11,347.

Living in Lapeer, MI

Lapeer, MI, is a vibrant city filled with friendly locals, a plethora of outdoor activities, and a strong community spirit. It's an excellent place for families, offering quality schools, local events, and a variety of amenities. With its beautiful parks and easy access to nature, Lapeer is perfect for individuals who enjoy a mix of city and outdoor living.

Current Market Conditions in Lapeer, MI

The real estate market in Lapeer has shown steady growth over the past year. Home prices have appreciated as more families look for affordable housing options in a friendly community. The market sees a diverse range of properties from quaint historic homes to newer constructions, catering to various preferences.

There has been an increase in demand for larger homes with outdoor space as more individuals seek more room for home offices and recreational areas. The inventory levels remain relatively balanced, keeping prices stable.

Home Value Estimator For Lapeer, MI

There are currently 11,443 real estate properties in Lapeer, MI, with a median automated valuation model (AVM) price of $250,710.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lapeer, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lapeer, MI, is $289,640.00, with the most expensive house in Lapeer, MI, topping out at $6,384,245.00 and the cheapest home in Lapeer, MI, clocking in at $11,347.00. In other words, there’s something for every potential homebuyer or savvy investor in Lapeer, MI!

Rent Prices In Lapeer, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lapeer, MI, is on a rollercoaster ride. The average rent price in Lapeer, MI, is $1,245.00. Indeed, when looking to rent in Lapeer, MI, you can expect to pay as little as $530.00 or as much as $2,680.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in Lapeer, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lapeer, MI Preforeclosure Homes


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