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Single-family Foreclosures 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 $280,193.
In Lapeer, MI, how many homes are available?
There are currently 35 active home listings available in Lapeer.
What’s the average rental cost in Lapeer, MI?
The average rental price in Lapeer is $1,246.
What is the most expensive home in Lapeer?
The most expensive home sold in Lapeer had a price of $3,703,000.
What is currently the cheapest priced home in Lapeer, MI?
The cheapest home for sale in Lapeer is priced at $12,178.

Living in Lapeer, MI

Lapeer, MI, is a welcoming city offering a mix of suburban charm and rural tranquility. Known for its family-friendly atmosphere and access to quality schools, the community boasts an array of amenities, parks, and outdoor activities. Residents enjoy a strong sense of community and beautiful natural surroundings.

Current Market Conditions in Lapeer, MI

The real estate market in Lapeer, MI, is currently seeing a steady demand for homes, with a balance of buyers and sellers. Prices have been gradually increasing, indicating a healthy market, appealing to both first-time homebuyers and investors looking for rental opportunities.

With its affordable housing options compared to larger cities, Lapeer is becoming a sought-after location for new families and retirees alike. The area's growth in population and community development is driving interest from real estate investors as well.

Home Value Estimator For Lapeer, MI

There are currently 10,665 real estate properties in Lapeer, MI, with a median automated valuation model (AVM) price of $250,401.00. 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 $280,193.00, with the most expensive house in Lapeer, MI, topping out at $3,703,000.00 and the cheapest home in Lapeer, MI, clocking in at $12,178.00. 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 $1,246.00. 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 Single-family Homes


Market Trend for Lapeer, MI

Total Listings Available: 35

Market Values:

Home Prices from $12,178 to $3,703,000

Average Sales Price: $280,193

Rental Values:

Rental from $530 to $2,680

Average Rent Value: $1,246 / month

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