Lansing, IL

Buyer's market-7.7% YoY

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

Price drops:22.4%of listings
Sale-to-list:97.4%

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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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