Lapel, IN Housing Market

Homes for sale

The Lapel housing market is somewhat competitive. The median sale price of a home in Lapel was $520K last month, up 70.0% since last year. The median sale price per square foot in Lapel is $213, up 24.6% since last year.

Trends
Demand
Migration
Schools
Climate

Lapel Housing Market Trends

What is the housing market like in Lapel today?

In May 2025, Lapel home prices were up 70.0% compared to last year, selling for a median price of $520K.

$520K

Sale Price

+70.0%
since last year

$213

Sale $/Sq. Ft.

+24.6%
since last year

Under List Price

2.3%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the Lapel and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lapel add value to a home.

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How hot is the Lapel housing market?

Lapel is somewhat competitive. Homes sell in 42 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 42 days.
Hot homes
can sell for about 1% below list price and go pending in around 6 days.

Compare With Nearby Cities

Indianapolis

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% below list price and go pending in around 17 days.
Hot homes
can sell for about 1% above list price and go pending in around 5 days.

Carmel

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 6 days.
Hot homes
can sell for about 3% above list price and go pending in around 3 days.

See more nearby cities and neighborhoods

Lapel Migration & Relocation Trends

In Feb '25 - Apr '25, 28% of Lapel homebuyers searched to move out of Lapel, while 72% looked to stay within the metropolitan area.

Where are people moving to Lapel from?

Across the nation, 0.55% of homebuyers searched to move into Lapel from outside metros.
Los Angeles homebuyers searched to move into Lapel more than any other metro followed by Lafayette and Washington.

Where are people from Lapel moving to?

72% of Lapel homebuyers searched to stay within the Lapel metropolitan area.
Chicago was the most popular destination among Lapel homebuyers followed by Louisville and South Bend.

Number of People Moving to Lapel

least

most

People are moving to Lapel from

Inbound		Net inflow
Metros		Feb '25 - Apr '25
1	Los Angeles, CA	544
2	Lafayette, IN	461
3	Washington, DC	376
4	New York, NY	230
5	Seattle, WA	166
6	San Francisco, CA	163
7	St. Louis, MO	152
8	Reno, NV	75
9	Philadelphia, PA	63
10	San Diego, CA	52

People are leaving Lapel for

Outbound		Net outflow
Metros		Feb '25 - Apr '25
1	Chicago, IL	290
2	Louisville, KY	217
3	South Bend, IN	192
4	Sarasota, FL	106
5	Terre Haute, IN	101
6	Cape Coral, FL	83
7	Fort Wayne, IN	71
8	Tampa, FL	66
9	Evansville, IN	61
10	Lexington, KY	50

Methodology

This data does not reflect actual moves. The latest migration analysis is based on a sample of about two million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.

View houses in Lapel that sold recently

Recently sold homes

SOLD JUN 26, 2025
$165,000 Last Sold Price
2 beds
1 bath
1,008 sq ft
303 W 7th St, Lapel, IN 46051
List Price
$159,000
Sale to List
4% over list
Days on Market
63 days
303 W 7th St, Lapel, IN 46051
SOLD JUN 24, 2025
$646,500 Last Sold Price
4 beds
3 baths
4,317 sq ft
3301 Hickory Ln, Lapel, IN 46051
List Price
$646,500
Sale to List
0% over list
Days on Market
6 days
3301 Hickory Ln, Lapel, IN 46051
SOLD JUN 19, 2025
$320,000 Last Sold Price
3 beds
2 baths
1,722 sq ft
3126 Oakmont Dr, Lapel, IN 46051
List Price
$333,000
Sale to List
4% under list
Days on Market
40 days
3126 Oakmont Dr, Lapel, IN 46051
SOLD MAY 30, 2025
$300,000 Last Sold Price
3 beds
1 bath
1,850 sq ft
756 S State Road 13, Lapel, IN 46051
List Price
$300,000
Sale to List
0% over list
Days on Market
107 days
756 S State Road 13, Lapel, IN 46051
SOLD MAY 9, 2025
$520,000 Last Sold Price
4 beds
2.5 baths
2,437 sq ft
9222 W State Road 38, Lapel, IN 46051
List Price
$550,000
Sale to List
5% under list
Days on Market
79 days
9222 W State Road 38, Lapel, IN 46051
SOLD APR 28, 2025
$195,000 Last Sold Price
—beds
—baths
—sq ft
0 W 300 S, Lapel, IN 46051
List Price
$195,000
Sale to List
0% over list
Days on Market
12 days
0 W 300 S, Lapel, IN 46051
SOLD APR 17, 2025
$4,000 Last Sold Price
—beds
—baths
—sq ft
0 Pendleton Ave, Lapel, IN 46051
List Price
$15,000
Sale to List
73% under list
Days on Market
78 days
0 Pendleton Ave, Lapel, IN 46051
SOLD APR 2, 2025
$210,000 Last Sold Price
3 beds
1 bath
988 sq ft
327 S John St, Lapel, IN 46051
List Price
$200,000
Sale to List
5% over list
Days on Market
26 days
327 S John St, Lapel, IN 46051
See all recently sold homes in Lapel.
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Schools in Lapel

Learn about schools in the Lapel area

Elementary
Middle
High

GreatSchools Rating

5/10

Lapel Elementary School

Public • PreK-5

704

Students

9 reviews

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on Lapel housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lapel.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Moderate

100% of properties are at moderate risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for Lapel

New Listings in Lapel

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