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Featured local agent — South Lansing, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · South Lansing, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

South Lansing, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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South Lansing, NY Housing Market & Real Estate

Leaning buyer's-28.0% YoY

Housing market overview · Updated monthly ·

$385,000median sale price

How is the South Lansing, NY housing market right now?

The median home sale price in South Lansing, NY is $385,000, down 28.0% year-over-year. Homes sell in an average of 142 days with 7 active listings. The market is currently a leaning buyer's. (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 South Lansing a buyer's or seller's market?

Leaning buyer's3.5 months of supply142 avg. days on market

South Lansing, NY is currently a leaning buyer's, based on 3.5 months of supply and homes selling in about 142 days. How we determine this →

Homes sold

2

Last 12 weeks

Days on market

142

Average pace

Active listings

7

3.5 months supply

Sale-to-list

94.6%

Below asking

What does the South Lansing housing market data show?

Current housing market statistics for South Lansing, NY
MetricValue
Median sale price$385,000
Median list price$489,000
Year-over-year price change-28.0%
Average days on market142 days
Active inventory7 listings
Months of supply3.5 months
Sale-to-list price ratio94.6%
Median price per sq ft$201/sq ft
Homes sold (latest month)2
New listings (latest month)3
Listings with a price cut14.3%
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in South Lansing by property type?

How the South Lansing, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in South Lansing, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$385,000$201/sq ft2142 days

Source: Redfin · Updated monthly

The South Lansing housing market is currently classified as a leaning buyer's with a median sale price of $385,000. Prices have fallen 28.0% compared to last year, with homes spending an average of 142 days on market, indicating 3.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in South Lansing

There are currently 7 homes listed for sale in South Lansing, New York. The median listing price is $489K.

Active listings

7

Homes on market

Median list price

$489K

Avg. days on market

142

Days until sale

New this week

3

Newly listed

Price drops:14.3%of listings
Sale-to-list:94.6%

Who lives in South Lansing?

Population

1,233

Median income

$162,846/yr

Median age

40 years

Owner-occupied

59.7%

College grads

48.5%

Avg commute

17.1 min

Source: U.S. Census Bureau ACS

What is it like to live in South Lansing?

South Lansing is a community of approximately 1K residents with a median age of 40 years.The median household income is $162,846, which reflects a relatively affluent area with strong earning potential. 48.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.

Homeownership rates are at 59.7%, showing a blend of owner and renter-occupied properties. The average commute time is 17.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, South Lansing offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near South Lansing, NY?

Want a head-to-head view? Compare South 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 South Lansing?

The median home sale price in South Lansing is $385,000, down 28.0% from last year.

How long do homes stay on market in South Lansing?

Homes typically spend 142 days on market before going under contract.

What is the median income in South Lansing?

The median household income is $162,846 per year.

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

With 3.5 months of supply, South Lansing is currently a leaning buyer's.

How much does a single-family home cost in South Lansing?

The median single-family home price in South Lansing, NY is $385,000 (about $201 per square foot).

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