Lansing, MI Housing Market & Real Estate

Seller's market-7.1% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Lansing, MI is $130,000, down 7.1% year-over-year. Homes sell in an average of 46 days with 304 active listings. The market is currently a seller's market.

$130,000median sale price

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

Seller's market2.7 months of supply46 avg. days on market

Lansing, MI is currently a seller's market, based on 2.7 months of supply and homes selling in about 46 days. How we determine this →

Homes sold

111

Last 12 weeks

Days on market

46

Average pace

Active listings

304

2.7 months supply

Sale-to-list

96.9%

Below asking

Lansing, MI market data

Current housing market statistics for Lansing, MI
MetricValue
Median sale price$130,000
Median list price$132,400
Year-over-year price change-7.1%
Average days on market46 days
Active inventory304 listings
Months of supply2.7 months
Sale-to-list price ratio96.9%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Lansing housing market is currently classified as a seller's market with a median sale price of $130,000. Prices have fallen 7.1% compared to last year, with homes spending an average of 46 days on market, indicating 2.7 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 Lansing

There are currently 304 homes listed for sale in Lansing, Michigan. The median listing price is $132K. Featured listings range from $36,995 to $299,900.

3 bedroom mobile home for sale at 4245 W Jolly Rd Lot 197 Lansing - $36,995
$36,995

4245 W Jolly Rd Lot 197

Lansing, MI

3 bd2 ba1,456 sqft
Mobile home
More about this property
3 bedroom house for sale at 5017 Christiansen Rd Lansing - $69,900
$69,900

5017 Christiansen Rd

Lansing, MI

3 bd1 ba1,068 sqft
House8,712 sqft lot
More about this property
3 bedroom house for sale at 841 Baker St Lansing - $90,100
$90,100

841 Baker St

Lansing, MI

3 bd1 ba960 sqft
House4,356 sqft lot
More about this property
2 bedroom condo for sale at 418 N Martin Luther King Jr Blvd Lansing - $145,000
$145,000

418 N Martin Luther King Jr Blvd

Lansing, MI

2 bd2 ba1,152 sqft
Condo
More about this property
3 bedroom house for sale at 2610 Gary Ave Lansing - $159,900
$159,900

2610 Gary Ave

Lansing, MI

3 bd2 ba998 sqft
House14,810 sqft lot
More about this property
3 bedroom house for sale at 612 Lathrop St Lansing - $175,000
$175,000

612 Lathrop St

Lansing, MI

3 bd1 ba1,389 sqft
House3,920 sqft lot
More about this property
2 bedroom condo for sale at 1046 Grenoble Ln Unit A Lansing - $177,500
$177,500

1046 Grenoble Ln Unit A

Lansing, MI

2 bd2 ba1,238 sqft
Condo
More about this property
3 bedroom house for sale at 1629 N Genesee Dr Lansing - $209,900
$209,900

1629 N Genesee Dr

Lansing, MI

3 bd2 ba1,176 sqft
House4,356 sqft lot
More about this property
3 bedroom house for sale at 1127 W Saginaw St Lansing - $239,900
$239,900

1127 W Saginaw St

Lansing, MI

3 bd3 ba1,780 sqft
House6,534 sqft lot
More about this property
3 bedroom house for sale at 3227 Glasgow Dr Lansing - $249,900
$249,900

3227 Glasgow Dr

Lansing, MI

3 bd2 ba1,963 sqft
House7,841 sqft lot
More about this property
multi-family for sale at 2100 Wood St Lansing - $250,000
$250,000

2100 Wood St

Lansing, MI

1 ba
Multi-family12,197 sqft lot
More about this property
2 bedroom condo for sale at 5879 Vienna Way Unit 122 Lansing - $299,900
$299,900

5879 Vienna Way Unit 122

Lansing, MI

2 bd3 ba1,975 sqft
Condo
More about this property

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Active listings

304

Homes on market

Median list price

$132K

Avg. days on market

46

Days until sale

New this week

126

Newly listed

Price drops:22.7%of listings
Sale-to-list:96.9%

Top public schools in Lansing

39 schools tracked · 15,601 students

The largest public schools serving Lansing, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Everett High School

Grades 8-12 · 1,090 students

Public

Waverly Senior High School

Grades 9-12 · 968 students

Public

Eastern High School

Grades 8-12 · 901 students

Public

Gardner International School

Grades K-8 · 898 students

Public

JW Sexton High School

Grades 8-12 · 745 students

Public

Insight School of Michigan

Grades 9-12 · 678 students

Charter

Pattengill School

Grades PK-8 · 633 students

Public

Dwight Rich School of the Arts

Grades K-8 · 627 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in MI

Frequently asked questions

What is the average home price in Lansing?

The median home sale price in Lansing is $130,000, down 7.1% from last year.

How long do homes stay on market in Lansing?

Homes typically spend 46 days on market before going under contract.

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

With 2.7 months of supply, Lansing is currently a seller's market.

How many homes are for sale in Lansing?

There are currently 304 homes listed for sale in Lansing, MI.

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