East Lansing, MI

Balanced market+48.4% YoY

Housing market overview · Updated weekly

$378,500median sale price

Homes sold

10

Last 12 weeks

Days on market

49

Average pace

Active listings

46

4.6 months supply

Sale-to-list

97.3%

Below asking

The East Lansing housing market is currently classified as a balanced market with a median sale price of $378,500. Prices have risen 48.4% compared to last year, with homes spending an average of 49 days on market, indicating 4.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in East Lansing

There are currently 46 homes listed for sale in East Lansing, Michigan. The median listing price is $335K.

Active listings

46

Homes on market

Median list price

$335K

Avg. days on market

49

Days until sale

New this week

26

Newly listed

Price drops:17.4%of listings
Sale-to-list:97.3%

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Frequently asked questions

What is the average home price in East Lansing?

The median home sale price in East Lansing is $378,500, up 48.4% from last year.

How long do homes stay on market in East Lansing?

Homes typically spend 49 days on market before going under contract.

Is East Lansing a buyer's or seller's market?

With 4.6 months of supply, East Lansing is currently a balanced market.

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