Is Lapeer, MI 48446 a buyer’s or seller’s market?

The Lapeer housing market right now

In the three months ending August 31, 2026, 34% of homes in Lapeer, MI 48446 sold above their list price, the typical home went under contract in 29 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 118 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (34% then), homes sold more slowly (19 days then) and the median sale price rose 7% to $269,883. Overall, Lapeer is less competitive than a year ago, which gives buyers more room.

Within Lapeer County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Lapeer ranks #206 of 510 MI ZIP codes with enough sales (score 70 out of 100).

Nearby, buyers who want less competition could look at Silverwood 48760 (0% sold over asking) or Otter Lake 48464 (10% sold over asking), while Clifford 48727 (67% sold over asking) and North Branch 48461 (45% sold over asking) are even more competitive.