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LAPEER, MI 48446

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LAPEER, MI real estate market (48446) currently shows 74 active listings, with 29 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 45 days on market compared to 71 days last year.

The median listing price has fallen 7.5% year-over-year, from $345,900 to $319,950.

Whether you are buying or selling in LAPEER, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 30,693  ·  Density: 97.2/mi²  ·  Median household income: $66,787

Typical home value: $194,685  ·  Homeownership: 80.0%

Market Overview

Active Listings
74
vs 74 last year
Pending
29
39% pending ratio
Median Price
$319,950
⇩ 7.5% vs $345,900 last year
Average Price
$596,740
⇩ 7.9% vs $647,598 last year
Days on Market
45
⇩ 36.6% vs 71 days last year

Price Per Square Foot

Median $/sqft
$197
⇩ 14% vs $229/sqft last year
Median Home Size
1,524 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 45 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $319,950 (-7.5% YoY)
  • Average: $596,740 (-7.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.9 miles — 475 listings ($169,564,220 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48446Lapeer, MI 484460.0 mi62$38,914,486$325,900$627,653
48455Metamora, MI 484558.1 mi33$22,703,373$589,900$687,981
48423Davison, MI 484239.0 mi76$23,769,836$299,900$312,761
48438Goodrich, MI 4843812.1 mi30$18,548,310$459,900$618,277
48461North Branch, MI 4846112.3 mi22$6,311,536$240,000$286,888
48435Fostoria, MI 4843513.6 mi7$2,535,400$339,000$362,200
48444Imlay City, MI 4844414.3 mi29$12,017,716$331,950$414,404
48506Flint, MI 4850614.4 mi102$9,995,388$64,900$97,994
48437Genesee, MI 4843714.8 mi2$278,850$139,425$139,425
48370Oxford, MI 4837016.4 mi13$11,696,373$859,450$899,721
48529Burton, MI 4852917.3 mi21$1,924,566$82,900$91,646
48367Leonard, MI 4836717.6 mi20$18,715,600$744,900$935,780
48505Flint, MI 4850517.9 mi58$2,152,786$32,900$37,117

Frequently Asked Questions

How many homes are for sale in LAPEER, MI 48446?

As of February 2026, there are 74 active listings in LAPEER, MI (zip code 48446), compared to 74 the prior year.

What is the median home price in LAPEER, MI 48446?

The median listing price in LAPEER, MI 48446 is $319,950 as of February 2026, a 7.5% decrease from $345,900 the prior year.

How long do homes stay on the market in LAPEER, MI?

Homes in LAPEER, MI 48446 spend an average of 45 days on the market before going under contract, compared to 71 days the prior year.

Is it a seller's or buyer's market in LAPEER, MI 48446?

Based on current inventory and days-on-market data as of February 2026, LAPEER, MI 48446 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 45 days on market compared to 71 days last year.

How much can I save on real estate commission in LAPEER, MI?

With SELL123.com's maximum 3% commission, sellers in LAPEER, MI 48446 save an estimated $6,399 compared to a typical 5% commission on the median listing price of $319,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.