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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 $287,007.
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 $3,717,300.
What is currently the cheapest priced home in Lapeer, MI?
The cheapest home for sale in Lapeer is priced at $12,435.

Living in Lapeer, MI

Lapeer, MI, is a vibrant city offering a warm, welcoming environment nestled between lush parks and active community life. It features a robust education system, a variety of outdoor activities, and easy access to major transportation routes. Ideal for families and individuals alike, Lapeer combines small-town charm with modern conveniences.

Current Market Conditions in Lapeer, MI

The real estate market in Lapeer is currently experiencing an uptick in demand, with an increasing number of buyers looking for affordable housing options. The area has seen a steady appreciation in home values as people move away from larger urban areas seeking more space and community.

New developments and construction projects are contributing positively to the local economy, while the average days on the market for homes has decreased, reflecting the competitive nature of certain properties.

Home Value Estimator For Lapeer, MI

There are currently 10,672 real estate properties in Lapeer, MI, with a median automated valuation model (AVM) price of $254,286.00. 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 $287,007.00, with the most expensive house in Lapeer, MI, topping out at $3,717,300.00 and the cheapest home in Lapeer, MI, clocking in at $12,435.00. 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 $12,435 to $3,717,300

Average Sales Price: $287,007

Rental Values:

Rental from $530 to $2,680

Average Rent Value: $1,246 / month

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