Lapeer County, Michigan home prices
Typical home $296,879 · +4.5% in a year · property tax 0.92%
The typical home in Lapeer County is worth $296,879, 13% more than the Michigan typical home ($263,760). Values changed +4.5% in the past year and +20.1% over five years. Homeowners here pay a median 0.92% of their home's value in property tax each year ($2,735 on the typical home), versus 1.17% statewide.
Mortgage on the typical Lapeer County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $59,376 | $237,503 | $1,598 | $0 | $376 | $1,974 | $84,600 |
| 10% down | $29,688 | $267,191 | $1,797 | $111 | $376 | $2,285 | $97,900 |
| 5% down | $14,844 | $282,035 | $1,897 | $118 | $376 | $2,391 | $102,500 |
| 3.5% down (FHA) | $10,391 | $291,502 | $1,961 | $131 | $376 | $2,469 | $105,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.92% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Michigan · part of the Detroit metro area.
Michigan counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Barry County | $301,131 | +5.0% | 1.05% |
| Berrien County | $281,193 | +7.0% | 1.08% |
| Clinton County | $314,333 | +4.3% | 1.23% |
| Kalamazoo County | $273,812 | +4.2% | 1.45% |
| Van Buren County | $272,490 | +4.3% | 1.23% |
| Monroe County | $270,412 | +6.1% | 1.16% |
| Macomb County | $267,474 | +1.2% | 1.4% |
| Mason County | $267,052 | +8.1% | 1.06% |
| Cass County | $266,388 | +5.0% | 0.97% |
| Ionia County | $264,748 | +6.3% | 1.13% |
Frequently asked questions
What is the average home price in Lapeer County, MI?
The typical home value in Lapeer County is $296,879 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Lapeer County?
About $84,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Lapeer County?
The median effective rate is 0.92% of home value a year (Census ACS 2024 5-year estimates).