48464 — Lapeer County, Michigan Market Snapshot
Housing market data for zip code 48464 in Lapeer County, Michigan. Updated monthly with median prices, days on market, and more.
Market Sales Data
10 sales in 2026 (year to date)
Median Sale Price
$287,450
Days to Sell
28
Homes Sold
10
Inventory
6
Sale-to-List
95.8%
New Listings
10
Price/SqFt
$183
Pending Sales
10
Conforming Loan Available
Most homebuyers in 48464 can comfortably use conventional financing. The median home price of $287,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 48464 are moving quickly at 28 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
The average home in 48464 sells for 4.2% below asking price (95.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 48464 can comfortably use conventional financing. The median home price of $287,450 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 48464 are set at the county level.
2026 Loan Limits — Lapeer County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 48464
To purchase the median home at $287,450 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,352.
Monthly Payment
$2,352
Income Required
$100,815
Principal & Interest
$1,771/mo
Down Payment (5%)
$14,373
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 48464.
Estimated Monthly Payment
$1,929
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