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Median Home Price in Lapeer, MI

The median home value in Lapeer, MI is $268,336 as of 2026-08-31, up 3.89% from a year earlier.

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Median Home Value

$268,336

Year-over-Year

+3.89%

Population

9,157

Home value history

The typical home value decreased by 0.7%, from $270,273 in May 2026 to $268,336 in Aug 2026.

Lapeer, MI typical home value from May 2026 to Aug 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Lapeer, MI monthly home value history
MonthTypical home valueYear-over-year change
May 2026$270,273+4.7%
Jun 2026$269,724+4.4%
Jul 2026$272,909+4.1%
Aug 2026$268,336+3.9%

Lapeer ranks #62 of 131 Michigan cities tracked here by median home value, and sits 3.1% above the state's city median of $260,312. It sits in Lapeer County, where the county-wide median is $297,016.

Housing affordability in Lapeer

Median household income in Lapeer is $52,716, so the typical home value is about 5.1× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Lapeer

Lapeer police recorded a violent crime rate of 142 per 100,000 residents in 2024 — around the middle of the range for reporting cities. Property crime runs at 1,671 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Lapeer

What is the average home price in Lapeer, MI?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Lapeer, that value is $268,336. That's up 3.89% from a year earlier. It is about 3.1% above the typical Michigan city tracked here.

Is Lapeer expensive compared to the surrounding area?

Homes in Lapeer are cheaper than Lapeer County as a whole, where the median is $297,016 — a difference of about 9.7%.

Is Lapeer affordable?

Median household income here is $52,716, so the typical home value is about 5.1× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Lapeer a safe place to live?

Lapeer police reported 142 violent crimes per 100,000 residents, covering a population of about 9,157. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in MI

Houghton · Belding · Greenville · Woodhaven · Flat Rock · Manistee · Tecumseh · Davison