Lansing, IL
Housing market overview · Updated weekly
$180,000median sale price
Homes sold
19
Last 12 weeks
Days on market
84
Average pace
Active listings
107
5.6 months supply
Sale-to-list
97.4%
Below asking
The Lansing housing market is currently classified as a buyer's market with a median sale price of $180,000. Prices have fallen 7.7% compared to last year, with homes spending an average of 84 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Lansing
There are currently 107 homes listed for sale in Lansing, Il. The median listing price is $190K.
Active listings
107
Homes on market
Median list price
$190K
Avg. days on market
84
Days until sale
New this week
26
Newly listed
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Frequently asked questions
What is the average home price in Lansing?
The median home sale price in Lansing is $180,000, down 7.7% from last year.
How long do homes stay on market in Lansing?
Homes typically spend 84 days on market before going under contract.
Is Lansing a buyer's or seller's market?
With 5.6 months of supply, Lansing is currently a buyer's market.
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