Lansing, MI 48906 Real Estate & Property Data

Lansing, MI 48906 Real Estate Market Trends
Last Updated: April 29, 2024

A total of 499 residential properties have been sold over the past 12 months in 48906. With a median sales price of $135,000 in 48906 and a total of 2 foreclosures in Lansing, MI 48906. Discover market trends and get the granular level real estate data for Lansing, MI 48906 to keep your pulse on the housing market. Curate compelling home reports for Lansing, MI 48906 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lansing, MI 48906 Real Estate Market Trends
Total Residential Properties 9,217
Total Commercial Properties 1,011
Avg. Home Age (Single Family Home) 75 Years
Avg. Square Feet (Single Family Home) 1,277
Total 2024 Residential Sales (year-to-date) 67
% of Homes Seriously Underwater (Q2 2024) 2%
Total 2023 Residential Sales 474
% of Equity Rich Homes (Q2 2024) 29.52%
Effective 2023 Property Tax 1.6%
Total Foreclosure Filings (year-to-date) 6
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Lansing, MI 48906 Real Estate Overview

There were 499 residential properties sold in the past year in Lansing, MI 48906. The median home value in Lansing, MI 48906 is $131,657. There are a total of 9,217 residential properties in the 48906.

Median Sales Price i
$135,000
(Feb 2024)
-1.8%
year-over-year
y-o-y
  • February '24 Feb '24 $135,000
  • January '24 Jan '24 $174,000
  • December '23 Dec '23 $156,750
  • November '23 Nov '23 $161,500
  • October '23 Oct '23 $132,500
  • September '23 Sep '23 $123,150
  • August '23 Aug '23 $164,500
  • July '23 Jul '23 $167,750
  • June '23 Jun '23 $146,750
  • May '23 May '23 $119,950
  • April '23 Apr '23 $124,900
  • March '23 Mar '23 $117,000
Median Down Payment i
$10,956
(Feb 2024)
+4.7%
year-over-year
y-o-y
  • February '24 Feb '24 $10,956
  • January '24 Jan '24 $5,150
  • December '23 Dec '23 $18,500
  • November '23 Nov '23 $13,625
  • October '23 Oct '23 $26,125
  • September '23 Sep '23 $17,875
  • August '23 Aug '23 $6,937
  • July '23 Jul '23 $10,437
  • June '23 Jun '23 $15,000
  • May '23 May '23 $9,450
  • April '23 Apr '23 $7,245
  • March '23 Mar '23 $15,361
Number of Homes Sold i
29
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 29
  • January '24 Jan '24 38
  • December '23 Dec '23 45
  • November '23 Nov '23 48
  • October '23 Oct '23 28
  • September '23 Sep '23 41
  • August '23 Aug '23 37
  • July '23 Jul '23 38
  • June '23 Jun '23 40
  • May '23 May '23 34
  • April '23 Apr '23 49
  • March '23 Mar '23 43
Number of Purchase Loans i
16
(Feb 2024)
-11.1%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 27
  • December '23 Dec '23 23
  • November '23 Nov '23 30
  • October '23 Oct '23 26
  • September '23 Sep '23 30
  • August '23 Aug '23 23
  • July '23 Jul '23 23
  • June '23 Jun '23 31
  • May '23 May '23 25
  • April '23 Apr '23 32
  • March '23 Mar '23 34
Number of REFI Loans i
19
(Feb 2024)
+46.2%
year-over-year
y-o-y
  • February '24 Feb '24 19
  • January '24 Jan '24 20
  • December '23 Dec '23 7
  • November '23 Nov '23 12
  • October '23 Oct '23 21
  • September '23 Sep '23 14
  • August '23 Aug '23 23
  • July '23 Jul '23 13
  • June '23 Jun '23 18
  • May '23 May '23 13
  • April '23 Apr '23 28
  • March '23 Mar '23 16
Number of HELOC Loans i
5
(Feb 2024)
+25%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 8
  • December '23 Dec '23 4
  • November '23 Nov '23 8
  • October '23 Oct '23 4
  • September '23 Sep '23 6
  • August '23 Aug '23 8
  • July '23 Jul '23 9
  • June '23 Jun '23 13
  • May '23 May '23 12
  • April '23 Apr '23 4
  • March '23 Mar '23 6

Lansing, MI 48906 Foreclosure Activity

There were a total of 2 Lansing, MI 48906 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 5
  • March '23 Mar '23 3
Foreclosure Starts i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 5
  • March '23 Mar '23 3
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 3
  • June '23 Jun '23 1
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 2
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