Lansing, MI Housing Market

$163,204

5.5% 1-yr

The average Lansing, MI home value is $163,204, up 5.5% over the past year and goes to pending in around 6 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Lansing Key Takeaways

Typical Home Values: $163,204

1-year Value Change: +5.5%

(Data through May 31, 2025)

Lansing Housing Market Overview

--1-year Market Forecast

416For sale inventory(May 31, 2025)

220New listings(May 31, 2025)

0.999Median sale to list ratio(April 30, 2025)

$151,417Median sale price(April 30, 2025)

$144,933Median list price(May 31, 2025)

42.3%Percent of sales over list price(April 30, 2025)

41.6%Percent of sales under list price(April 30, 2025)

6Median days to pending(May 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Lansing

NameMedian ZHVI
Lewton Rich$220,902
Colonial Village$175,630
Averill Woods$209,880
Moores Park$148,266
Westside$157,932
Renaissance--
REO Town$102,103
Greencroft Park$135,694
Genesee$140,451

Move forward with a local partner

Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.

Talk to a local agent

Lansing Homes for Sale

View Lansing listings

Get pre-qualified for a loan

At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact on your credit score.

Start Now

An equal housing lender. NMLS #10287.

Lansing Rental Market Trends

$1,218Average rent in Lansing(May 31, 2025)

$2,049National average rent(May 31, 2025)

1.8%Month-over-month change(May 31, 2025)

8.5%Year-over-year change(May 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.