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Featured local agent — Lansing, NY
Sarah Mitchell
Compass Real Estate · Lansing, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lansing, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$675,000median sale price
How is the Lansing, NY housing market right now?
The median home sale price in Lansing, NY is $675,000, up 24.4% year-over-year. Homes sell in an average of 73 days with 8 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lansing a buyer's or seller's market?
Lansing, NY is currently a buyer's market, based on 8.0 months of supply and homes selling in about 73 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
73
Average pace
Active listings
8
8.0 months supply
Sale-to-list
98.5%
Below asking
What does the Lansing housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $675,000 |
| Median list price | $648,000 |
| Year-over-year price change | +24.4% |
| Average days on market | 73 days |
| Active inventory | 8 listings |
| Months of supply | 8.0 months |
| Sale-to-list price ratio | 98.5% |
| Median price per sq ft | $252/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Lansing by property type?
How the Lansing, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $675,000 | $252/sq ft | 1 | 73 days |
| Condo / Co-op | $412,500 | $241/sq ft | 2 | 86 days |
| Townhouse | $510,000 | $222/sq ft | 1 | 23 days |
Source: Redfin · Updated monthly
The Lansing housing market is currently classified as a buyer's market with a median sale price of $675,000. Prices have risen 24.4% compared to last year, with homes spending an average of 73 days on market, indicating 8.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Homes for sale in Lansing
There are currently 8 homes listed for sale in Lansing, New York. The median listing price is $648K.
Active listings
8
Homes on market
Median list price
$648K
Avg. days on market
73
Days until sale
New this week
5
Newly listed
Who lives in Lansing?
Population
3,837
Median income
$75,901/yr
Median age
29.4 years
Owner-occupied
26.3%
College grads
81.0%
Avg commute
15.4 min
Source: U.S. Census Bureau ACS
What is it like to live in Lansing?
Lansing is a community of approximately 4K residents with a median age of 29.4 years.The median household income is $75,901, which reflects a relatively affluent area with strong earning potential. 81.0% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 26.3%, showing a blend of owner and renter-occupied properties. The average commute time is 15.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lansing offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lansing?
4 schools tracked · 1,202 students
The largest public schools serving Lansing, NY 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.
RAYMOND C BUCKLEY ELEMENTARY SCHOOL
Grades PK-4 · 423 students
LANSING HIGH SCHOOL
Grades 9-12 · 386 students
LANSING MIDDLE SCHOOL
Grades 5-8 · 339 students
FINGER LAKES RESIDENTIAL CENTER
Grades 7-11 · 54 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lansing, NY?
Want a head-to-head view? Compare Lansing side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lansing?
The median home sale price in Lansing is $675,000, up 24.4% from last year.
How long do homes stay on market in Lansing?
Homes typically spend 73 days on market before going under contract.
What is the median income in Lansing?
The median household income is $75,901 per year.
Is Lansing a buyer's or seller's market?
With 8.0 months of supply, Lansing is currently a buyer's market.
What is the median condo price in Lansing?
The median condo/co-op sale price in Lansing, NY is $412,500, compared to $675,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Lansing?
The median single-family home price in Lansing, NY is $675,000 (about $252 per square foot).
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