The Downtown Lansing housing market is somewhat competitive. The median sale price of a home in Downtown Lansing was $137K last month, up 5.0% since last year. The median sale price per square foot in Downtown Lansing is $46, up 187.5% since last year.
What is the housing market like in Downtown Lansing today?
In October 2024, Downtown Lansing home prices were up 5.0% compared to last year, selling for a median price of $137K. On average, homes in Downtown Lansing sell after 76 days on the market compared to 43 days last year. There were 5 homes sold in October this year, down from 17 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$136,500
+5.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Lansing, MI
$136,500
+5.0%
United States
To compare other locations to the Downtown Lansing and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Lansing add value to a home.
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How hot is the Downtown Lansing housing market?
Downtown Lansing is somewhat competitive. Homes sell in 51 days.
0
100
52
Somewhat 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 12 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 51 days.
Hot homes
can sell for about 4% above list price and go pending in around 27 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
92.4%
-5.8 pt YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Downtown Lansing, MI
92.4%
-5.8 pt
United States
View houses in Downtown Lansing that sold recently
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 Downtown Lansing housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Lansing.
Flood Factor - Major
13% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Lansing has a major risk of flooding. 96 properties in Downtown Lansing are likely to be
severely affected
by flooding over the next 30 years. This represents 13% of all properties in Downtown Lansing. Flood risk is increasing slower than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Downtown Lansing has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Downtown Lansing is most at risk from hurricanes. 1,216 properties in Downtown Lansing have some risk of being in a severe wind event within the next 30 years.
64% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Lansing has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 64% of homes in Downtown Lansing have a Moderate Heat Factor®.
Downtown Lansing is expected to see a 128% increase in the number of days over 96ºF over the next 30 years. Downtown Lansing is expected to experience 7