Lapeer Real Estate - Find Your Perfect Home For Sale!
Lapeer - Town vs. County Stats
Avg Price in Lapeer: $234,800 / County Avg $360,100
Avg Taxes in Lapeer: $1,400 / County Avg $2,500
Avg Sq. Ft. in Lapeer: 1,784 / County Avg 2,223
Avg Price per/ft2 in Lapeer: $132 / County Avg $162
Avg Walkscore in Lapeer: 28 / County Avg 19
Avg Year Built in Lapeer: 1960 / County Avg 1970
Avg Days on Website in Lapeer: 110 / County Avg 106
Lapeer Real Estate Market Health
By an ordinance of the Congress of the United States passed on July 13, 1787, the area lying northwest of the Ohio River, though still occupied by the British, was organized as the Northwest Territory. Lapeer County was once part of the Northwest Territory. In January 1820, the county of Oakland was formed, which served the area now known as Lapeer, until the County of Lapeer was formed in 1837, when Michigan became a state. The first elections were for county officers, with 520 persons voting in 1837.
Folklore claims Lapeer was derived from the naming of the south branch of the Flint River, which flows northwestward in Lapeer County. French and Indian traders frequently passed over this section of the county and through the river, ultimately naming the city for the stone that lay at the river bottom. In French, stone is called "la pierre"; the English pronunciation of these words gives Lapeer. The river was named Flint, synonymous with stone.
It is also believed that the first settlers who came from New York State may have brought the name Lapeer from a similarly named city in their home state. A third supposition is that French missionaries named the city Le Pere, meaning The Father.
The first settler in Lapeer was Alvin N. Hart, who was born in Cornwall, Connecticut, on February 11, 1804. He came to Lapeer in 1831 and platted the Village of Lapeer, November 8, 1833. The plat was registered in Pontiac on December 14, 1833, in the County of Oakland; four years before Michigan became a state and Lapeer became a county.
Alvin H. Hart became a State Senator in 1843, representing Lapeer, Oakland, Genesee, Shiawassee, Tuscola, Saginaw Counties and the entire Upper Peninsula. He was instrumental in having the State Capitol relocated from Detroit to Lansing. Hart died on August 22, 1874, and is buried in Lapeer. Mrs. Kate Rhead is his great-great granddaughter.
The second settler, Enoch J. White, was born in South Hadley, Massachusetts in 1814. He came to Lapeer in 1833. Of pioneer stock, Alvin N. Hart and Enoch J. White both had the initiative to start new communities. Mr. Hart formed Lapeer and Mr. White formed what was then known as Whitesville, which now consists of the western portion of Lapeer. A tamarack swamp once separated these two settlements.
Other distinguished natives include John T. Rich, former governor of the state; L. S. Cramton, known as the Father of the National Park System; Charles Potter, whose son became a U.S. Senator; William Reed, Big Ten Football Commissioner and Marguerite deAngeli, internationally known writer of children's books.
At one time, there were two courthouses. The White family erected one at the present site of the Old Lapeer High School at Main and Genesee Streets, while the Hart family erected one at Nepessing and Court Streets. The Board of Supervisors purchased the Hart courthouse for $3,000, which is now the oldest continuously running courthouse in the state of Michigan and one of the oldest 10 courthouses in the United States. White's courthouse later became the first school in Lapeer called Lapeer Academy.
Over time, it became evident that the business district would be near the Courthouse, so our founders moved the Opera House piece-by-piece to its present location at the southeast corner of Court and Nepessing Streets in 1879. The building is now known as the White Block.
Lapeer’s first church was the Congregational Church; organized in 1833, the same year Lapeer was platted. The Methodist Episcopal Church opened its doors a year later, followed by the Baptist Church in 1858, the Immaculate Conception Catholic Church in 1866, the Universalist Church in 1873, the Methodist Protestant Church in 1877 and the Grace Episcopal Church in 1882.
Lumbering was the sole industry in the early days of Lapeer. The flourishing lumber business attracted the New York Central Railroad and Grand Trunk Railroad. Lapeer later became the intersection to two state trunk lines: M-21 and M-24. Adequate supplies of water, fuel and electricity, and many various forms of recreational facilities, provided the foundation for our growing community. Our industries today supply our state’s high-tech automotive industry with gray iron casting, molded plastics, plastic fabrics, electrical harnesses and stamping.
On October 26, 2010, Lapeer became a founding member of the Karegnondi Water Authority.
On August 15, 2012, the fourth-largest Powerball jackpot was won from a ticket sold at a Sunoco station in Lapeer. The jackpot had an annuity value of $337 million.