Zip 48446 (Lapeer, MI) Housing

The housing market in 48446 Lapeer, MI has a median value of $212,400, which is considerably lower than the national median of $338,100. Despite being lower than the US average, the housing market in 48446 Lapeer, MI has still seen an appreciation of 6.41% over the past year compared to 8.27% nationally. With its relatively lower prices and steady appreciation rate, Lapeer is an attractive option for home-buyers looking for stable and affordable housing.

The median home cost in Lapeer (zip 48446) is $212,400. Home appreciation the last 10 years has been 118.0%. Home Appreciation in Lapeer (zip 48446) is up 12.8%.

Average Age of Homes

- The median age of Lapeer (zip 48446) real estate is 41 years old

The Rental Market in Lapeer (zip 48446)

- Renters make up 20.1% of the Lapeer (zip 48446) population
- 1.0% of houses and apartments in Lapeer (zip 48446), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lapeer, Michigan	United States
	12,843.0	139,647,020.0
	44	42
	$212,400	$338,100
	12.8%	16.6%
	53.0%	57.0%
	118.0%	101.1%
	$9.22	$10.98
	$1,585	$2,690
	76.3%	57.4%
	6.1%	11.2%
	17.7%	31.4%
Vacant Housing
	1.0%	1.9%
	0.4%	0.4%
	0.9%	0.7%
	1.0%	0.4%
	1.1%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	6.1%	2.6%
	3.1%	2.4%
	2.0%	2.8%
	3.5%	3.9%
	4.2%	4.5%
	18.5%	11.3%
	27.6%	13.0%
	21.5%	20.1%
	10.0%	13.6%
	1.9%	8.3%
	0.7%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	11.3%	13.6%
	11.3%	13.6%
	14.2%	13.6%
	13.2%	13.2%
	28.0%	14.8%
	14.2%	13.6%
	6.6%	10.0%
	4.0%	4.7%
	10.2%	12.2%

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