diff --git a/rpcserver.go b/rpcserver.go
index cfdd4502..41e346f6 100644
--- a/rpcserver.go
+++ b/rpcserver.go
@@ -1292,7 +1292,7 @@ func (r *rpcServer) ListPeers(ctx context.Context,
 		peer := &lnrpc.Peer{
 			PubKey:    hex.EncodeToString(nodePub),
 			Address:   serverPeer.conn.RemoteAddr().String(),
-			Inbound:   !serverPeer.inbound, // Flip for display
+			Inbound:   serverPeer.inbound,
 			BytesRecv: atomic.LoadUint64(&serverPeer.bytesReceived),
 			BytesSent: atomic.LoadUint64(&serverPeer.bytesSent),
 			SatSent:   satSent,
diff --git a/server.go b/server.go
index e32df058..6722c175 100644
--- a/server.go
+++ b/server.go
@@ -1513,7 +1513,8 @@ func (s *server) shouldRequestGraphSync() bool {
 
 // peerConnected is a function that handles initialization a newly connected
 // peer by adding it to the server's global list of all active peers, and
-// starting all the goroutines the peer needs to function properly.
+// starting all the goroutines the peer needs to function properly. The inbound
+// boolean should be true if the peer initiated the connection to us.
 func (s *server) peerConnected(conn net.Conn, connReq *connmgr.ConnReq,
 	inbound bool) {
 
@@ -1525,7 +1526,7 @@ func (s *server) peerConnected(conn net.Conn, connReq *connmgr.ConnReq,
 	// peer's address for reconnection purposes.
 	//
 	// TODO: leave the address field empty if there aren't any?
-	if !inbound {
+	if inbound {
 		advertisedAddr, err := s.fetchNodeAdvertisedAddr(pubKey)
 		if err != nil {
 			srvrLog.Errorf("Unable to retrieve advertised address "+
@@ -1648,7 +1649,7 @@ func (s *server) InboundPeerConnected(conn net.Conn) {
 	case ErrPeerNotConnected:
 		// We were unable to locate an existing connection with the
 		// target peer, proceed to connect.
-		s.peerConnected(conn, nil, false)
+		s.peerConnected(conn, nil, true)
 
 	case nil:
 		// We already have a connection with the incoming peer. If the
@@ -1675,7 +1676,7 @@ func (s *server) InboundPeerConnected(conn net.Conn) {
 		s.removePeer(connectedPeer)
 		s.ignorePeerTermination[connectedPeer] = struct{}{}
 		s.scheduledPeerConnection[pubStr] = func() {
-			s.peerConnected(conn, nil, false)
+			s.peerConnected(conn, nil, true)
 		}
 	}
 }
@@ -1745,7 +1746,7 @@ func (s *server) OutboundPeerConnected(connReq *connmgr.ConnReq, conn net.Conn)
 	case ErrPeerNotConnected:
 		// We were unable to locate an existing connection with the
 		// target peer, proceed to connect.
-		s.peerConnected(conn, connReq, true)
+		s.peerConnected(conn, connReq, false)
 
 	case nil:
 		// We already have a connection open with the target peer.
@@ -1776,7 +1777,7 @@ func (s *server) OutboundPeerConnected(connReq *connmgr.ConnReq, conn net.Conn)
 		s.removePeer(connectedPeer)
 		s.ignorePeerTermination[connectedPeer] = struct{}{}
 		s.scheduledPeerConnection[pubStr] = func() {
-			s.peerConnected(conn, connReq, true)
+			s.peerConnected(conn, connReq, false)
 		}
 	}
 }