Vast Market Square located in the city centre is the second most valuable historical site in Lipnica Murowana. Around the market square and its neighbouring streets are single storey buildings, mostly wooden. Houses are mostly located at the top of the square. The majority of them preserved original arcades and their supporting columns. Many of the bourgeois houses in the Market Square are considered to have cultural significance.
Right in the middle of town stands a statue of St. Simon founded by Franciszka Ledochowska. Its quadrangular molded pedestal is decorated with the following reliefs: St. Simon Helping the Sick; the White Eagle; Pogon Litewska – a coat of arms used in the Grand Duchy of Lithuania, and the coat of arms of Lipnica.
Lipnica Murowana is famous for its Easter Palms and Handicrafts Contest, held annually since 1958. The highest palms were over 30 meters tall.