The story of this market
The typical home in Lapeer County, Michigan sells for about $299,164, or $161 per square foot.
Prices are down 13.3% from a year ago, which gives buyers more room to negotiate. Homes take about 27 days to sell, which is fast. Over the long run, values in this county have grown 72% since 2000. Last year 20 of 23 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is strong wind, which FEMA rates relatively high. HUD's fair market rent for a two-bedroom is $1,459 a month.
HUD sets the fair market rent for a 2-bedroom at $1,459 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Low.
Price climate
Every year of price change, 2000–2025
+5%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2022 (+13.2%). Worst: 2008 (-11%). Hover to read a year.
Monthly price momentum
Home values since 2015
+4.5%
MI · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,777
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+5%
2025 change
FHFA repeat-sales index, median of 23 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
42
Relatively Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $28,023,199.
Mortgage activity
Home lending in this county
77.7%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 4615 | 2491 | 77.7% | 1.5% | $185,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Lapeer County, Michigan
The Lapeer County housing market presents a steady, balanced environment with median prices stabilizing near the $299,000 mark. Homes move briskly at a median of 27 days on market, supported by healthy demand from buyers seeking rural-suburban acreage and accessible commutes toward Oakland County and Flint. Balanced inventory and moderate price reductions indicate neither buyers nor sellers hold decisive leverage.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Select a city to expand its ZIP intel reports beneath · 9 cities · 10 ZIP reports
Median prices moved up 20.4% year over year.
Homes spend a median of 41 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 53.57% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.3% · poverty 8.9% — a stable, low-distress profile.
ACS 2024 5-year estimates. Aggregate published statistics for this county — never individual records, and never an attribute of any individual property or resident.
Deterministic aggregate of 10 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Lapeer County, Michigan — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Sep 22
researched Oct 5
| 48412 | Almont | $325,000 | $185 | +2.4% | 48 | 98.5% | 12% | 3.2 | 42 | $1,375 | researched Sep 22 |
| 48421 | Columbiaville | $263,000 | $145 | +2.1% | 45 | 97.2% | 18.5% | 4.3 | 52 | $654 | researched Sep 22 |
| 48422 | Croswell | $199,000 | $115 | -2.4% | 62 | 96.5% | 12% | 5.8 | 47 | $691 | researched Sep 22 |
| 48428 | Dryden | — | $66 | -17.6% | 45 | — | — | — | 235 | $1,165 | researched Sep 22 |
| 48444 | Imlay City | $369,450 | $226 | +32% | 52 | 98% | — | — | 21 | $907 | researched Sep 22 |
| 48446 | Lapeer | $265,000 | $163 | +10.4% | 39 | 100% | — | 1 | 58 | $1,008 | researched Sep 22 |
| 48455 | Metamora | $313,000 | $212 | -2.2% | 27 | 99.6% | — | 1 | 1 | $1,285 | researched Sep 22 |
| 48456 | Minden City | $185,000 | $128 | +2.4% | 45 | 97.5% | 12% | 4.2 | 32 | $866 | researched Sep 22 |
| 48461 | North Branch | $246,134 | $125 | +7.5% | 28 | — | — | — | 19 | $834 | researched Sep 22 |
| 48464 | Otter Lake | $245,000 | $165 | +6.5% | 58 | 97.5% | 12% | 6.2 | 42 | $1,333 | researched Oct 5 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Lapeer County exhibits property and violent crime rates consistently below national and Michigan statewide averages, driven largely by its predominantly rural and exurban character. Law enforcement coverage is anchored by the Lapeer County Sheriff's Office and local municipal departments.
Public education across the county is anchored by districts including Lapeer Community Schools, Almont Community Schools, and North Branch Area Schools, featuring standout individual facilities such as Orchard Primary School (rated 10/10 by GreatSchools). Overall district performance generally meets or exceeds Flint-area regional benchmarks.
Environmental risk in Lapeer County is low-to-moderate, with First Street reporting approximately 10% of properties at severe flood risk and 19% subject to moderate wildfire exposure. Winter weather hazards and convective wind storms represent the primary drivers of localized property damage.
Economic expansion centers on advanced manufacturing, automotive parts production, agricultural operations, and healthcare delivery via McLaren Lapeer Region. Proximity to northern Oakland County and Flint supports steady exurban development and logistics expansion along the I-69 corridor.
Property taxation is governed under Michigan's Proposal A, which caps annual taxable value increases to inflation or 5% (whichever is lower) until property transfer. Millage rates comprise county operating millages, local township/city levies, intermediate school district (Lapeer ISD) taxes, and local school operating/debt service, mitigated for owner-occupants by the Michigan Principal Residence Exemption (PRE).
The local economy is anchored by healthcare, precision metal and plastics manufacturing, automotive supply chains, and agriculture. McLaren Lapeer Region serves as the largest individual institutional employer, augmented by diversified industrial operations in Imlay City and Lapeer.
Lapeer County's transportation spine is centered on the I-69 freeway, connecting Flint to Port Huron and Ontario, with M-24 providing key north-south connectivity toward Oakland County and metro Detroit. Amtrak provides daily intercity passenger rail via the Blue Water route serving the Lapeer station.
Assessment is decentralized across individual city and township assessors under the supervision of the Lapeer County Equalization Department. Under Michigan law, assessments establish State Equalized Value (SEV) at 50% of true cash value, while taxable value is capped annually until ownership transfer.
County parcels are subject to overlapping jurisdictional taxing units including the Lapeer County Intermediate School District (ISD), municipal library districts, drain commission special assessment districts, and emergency service authorities.
Property insurance conditions remain relatively stable compared to high-risk coastal states, though severe winter freezes, localized convective hail, and wind events exert modest upward pressure on annual property casualty premiums.
- Round1 Bowling & Arcade - Auburn Hills4.124.9 mi
- Dave & Buster's Utica4.129.9 mi
- The HUB Stadium & Restaurant, Auburn Hills4.427.1 mi
- Sky Zone Shelby Township4.127.6 mi
- WhoaZone at Heron Beach4.524.5 mi
- Pine Knob Music Theatre4.623.4 mi
- Topgolf4.224.8 mi
- Michigan Renaissance Festival4.424.6 mi
- SEA LIFE Michigan Aquarium4.324.7 mi
- Canterbury Village4.321.7 mi
- Blake's Orchard & Cider Mill4.317.5 mi
- Metamora-Hadley Recreation Area4.512.1 mi
- Urban Air Trampoline and Adventure Park4.315.5 mi
- K1 Speed Oxford4.515.4 mi
- Jack N. Abernathy Regional Park4.718.3 mi
- Meadow Brook Hall4.826 mi
- River Bends Park4.728 mi
- Sloan Museum of Discovery4.626 mi
- Flint Institute of Arts Museum + Art School4.826 mi
- The Packard Proving Grounds Historic Site4.727.5 mi
- Addison Oaks County Park and Campground4.617 mi
- Metamora-Hadley Recreation Area4.512.1 mi
- Seymour Lake Township Park4.717.7 mi
- Jack N. Abernathy Regional Park4.718.3 mi
- Seven Ponds Nature Center4.88.4 mi
- Paint Creek Country Club4.418.7 mi
- Myth Golf & Banquets3.419.2 mi
- Boulder Pointe Golf Club4.315.8 mi
- Heather Hills Golf Club4.512.2 mi
- Sugarbush Golf Club & Banquet Center4.515.1 mi
- Meijer4.219.7 mi
- Meijer4.28.1 mi
- Meijer4.115.3 mi
- Meijer4.419.9 mi
- Blake's Backyard4.311.7 mi
- Bishop International Airport4.530 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A 90-acre historic county park in Dryden Township featuring the Mill Race Water Park, picnic pavilions, sledding hill, and forest trail networks.
Located in Oregon Township along Carman Lake, offering public wetlands walking paths, fishing piers, disc golf, and the Wetlands Water Play Area.
Michigan's oldest continuously operating courthouse, anchor of historic downtown Lapeer surrounded by civic events, independent dining, and retail.
A 10.2-mile paved recreational trail connecting Columbiaville, Otter Lake, and Millington, serving cyclists, walkers, and equestrian users.
Data gathered from U.S. Census Bureau QuickFacts and American Community Survey (ACS) county-level tabulations for Lapeer County (FIPS 26087).
applies when — Real property owned and used as a homestead by a disabled veteran or their surviving spouse.
Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility.
MCL 211.7b
applies when — Delinquency in real property tax payments.
A three-year forfeiture and foreclosure process. Property is forfeited to the county treasurer after two years of delinquency. If taxes remain unpaid by March 31 of the third year, the property is foreclosed upon by the Foreclosing Governmental Unit.
General Property Tax Act, Public Act 206 of 1893; MCL 211.78k
applies when — Transfer of interest in real estate consisting of not less than 1 or more than 4 residential dwelling units.
Sellers must provide a written disclosure statement to prospective buyers regarding the condition of the property, including known defects.
Seller Disclosure Act, Act 92 of 1993
Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs. The tax is calculated by multiplying the taxable value by the local millage rate.
General Property Tax Act, Public Act 206 of 1893
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.