The Lansing housing market is very competitive. The median sale price of a home in Lansing was $140K last month, up 14.9% since last year. The median sale price per square foot in Lansing is $119, up 13.9% since last year.
In April 2024, Lansing home prices were up 14.9% compared to last year, selling for a median price of $140K. On average, homes in Lansing sell after 28 days on the market compared to 28 days last year. There were 167 homes sold in April this year, up from 139 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$139,900
+14.9% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Lansing, MI
$139,900
+14.9%
United States
To compare other locations to the Lansing and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Lansing's median sale price is 65% lower than the national average. Overall cost of living in Lansing is 9% lower than the national average. Learn which home features in Lansing add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lansing housing market?
Lansing is very competitive. Homes sell in 25 days.
0
100
77
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 25 days.
Hot homes
can sell for about 6% above list price and go pending in around 9 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Lansing
Explore recent offers and recently sold homes in Lansing
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Lansing housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Lansing.
Risk Factor
Flood Factor - Major
16% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Lansing has a major risk of flooding. 3,826 properties in Lansing are likely to be
severely affected
by flooding over the next 30 years. This represents 16% of all properties in Lansing. Flood risk is increasing slower than the national average.
6% of properties are at risk of wildfire over the next 30 years
Fire Factor
Lansing has a moderate risk of wildfire. There are 2,767 properties in Lansing that have some risk of being affected by wildfire over the next 30 years. This represents 6% of all properties in Lansing.