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MI area data

Lapeer, MI

Lapeer, MI.

Population: 30,581 (Census ACS)

The median home value in Lapeer, MI is $271,767 — up 4.0% over the past year. Homes sell for a median $285,500 after a median 26 days on market. Typical rent runs $1,373/month. 10 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with strongwind, coldwave, icestorm the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$271,767

Median home value

+4.0%

1-year change

26

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$271,767
1-year appreciation
+4.0%
3-year appreciation
+11.7%
5-year appreciation
+20.8%
10-year appreciation
+77.9%
All-time peak (2026-04)
$272,404
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$285,500
Median list price
$284,950
Median price per sqft
$180
1-year sale-price change
+14.2%
Median days on market
26 days
Homes sold (recent period)
88
For-sale inventory
86
Sale-to-list ratio
99.3%
Active listings
73
1-year forecast
+1.1%
Days to pending
33 days
New listings (monthly)
39

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,373/mo
Studio fair-market rent
$870/mo
1BR fair-market rent
$970/mo
2BR fair-market rent
$1,220/mo
3BR fair-market rent
$1,490/mo
4BR fair-market rent
$1,620/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
10
Elementary schools
4
Middle schools
1
High schools
2
Charter schools
1
School districts serving the area
Michigan Department of Corrections, Chatfield School, Lapeer Community Schools
Schools include
Thumb Correctional Facility, Chatfield School, Turrill Elementary School, Elva Lynch Elementary School, Lapeer High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
strongWind, coldWave, iceStorm, tornado
Notable hazard ratings (county)
coldWave: Relatively Moderate · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Moderate · inlandFlooding: Relatively Low · lightning: Relatively Low
FEMA flood zone
X
Flood risk level
Minimal
Wildfire risk to homes (county)
Higher than 7% of US counties
Buildings in wildfire direct-exposure zone
77.4%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Metamora Landfill (8.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
49.0°F
Average high
58.0°F
Average low
39.0°F
Annual precipitation
37.7 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
10.2 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
15,284
Jobs reachable by transit (45 min)
16,638

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
28
Nearest airport
Dupont-Lapeer Airport (4 mi)
Nearest major airport
Bishop International Airport (FNT) (21 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
MCLAREN LAPEER REGION
Avg hospital rating (CMS)
2.0 / 5
Best hospital rating nearby (CMS)
2.0 / 5
Solar radiation rating
Fair (3.7 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+269 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,977
Housing built before 1970
33.3%
Housing built 2000 or later
15.8%
Median annual property tax
$1,805
Mean commute to work
27 min
Households with broadband internet
64.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
18,108
Average weekly wage
$927
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
127

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

LapeerState medianUS median
Median home value$271,767$246,351$289,727
Median sale price$285,500$265,000$325,000
Median days on market26 days36 days51 days
Typical rent$1,373/mo$1,494/mo$1,808/mo
Median annual property tax$1,805$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in Lapeer, MI?
$271,767.
What is the median sale price in Lapeer, MI?
$285,500.
How long do homes take to sell in Lapeer, MI?
Median days on market: 26 days.
What is typical rent in Lapeer, MI?
Typical rent: $1,373/month.
What is the natural-hazard risk in Lapeer, MI?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: strongWind, coldWave, iceStorm, tornado.
Is Lapeer, MI in a flood zone?
Minimal (FEMA NFIP). FEMA flood zone X.
What is the wildfire risk in Lapeer, MI?
Risk to homes is higher than 7% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Lapeer, MI?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Lapeer, MI?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve Lapeer, MI?
10 schools (4 elementary, 1 middle, 2 high) (NCES, 2022-23).
Is Lapeer, MI walkable?
Walkability index: 10.2/20 (EPA Smart Location Database).
What is the cost of living in Lapeer, MI?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for Lapeer

Selling a home in Lapeer, MI?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents