Lansing, MI Real Estate & Property Data

Lansing Real Estate Market Trends
Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Lansing, MI. ATTOM’s Lansing real estate data is updated daily, and current market trends show that in Lansing, MI a total of 2,953 residential properties have sold over the past year. With a median home price of $146,495 in Lansing and a total of 8 foreclosures. Get detailed property data for Lansing, MI instantly. ATTOM is your one-stop-shop for the Lansing property reports and real estate data you need in Lansing, MI.

Lansing Real Estate Market Trends
Total Residential Properties 52,758
Total Commercial Properties 4,891
Avg. Home Age (Single Family Home) 72 Years
Avg. Square Feet (Single Family Home) 1,277
Total 2024 Residential Sales (year-to-date) 362
% of Homes Seriously Underwater (Q2 2024) 1.56%
Total 2023 Residential Sales 2,797
% of Equity Rich Homes (Q2 2024) 29.97%
Effective 2023 Property Tax 1.71%
Total Foreclosure Filings (year-to-date) 24
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Lansing, MI Real Estate Overview

There were 2,953 residential properties sold in the past year in Lansing, MI. The median home value in Lansing, MI is $139,500. There are a total of 52,758 residential properties in the Lansing.

Median Sales Price i
$146,495
(Feb 2024)
+4.6%
year-over-year
y-o-y
  • February '24 Feb '24 $146,495
  • January '24 Jan '24 $153,350
  • December '23 Dec '23 $150,000
  • November '23 Nov '23 $148,750
  • October '23 Oct '23 $150,000
  • September '23 Sep '23 $145,000
  • August '23 Aug '23 $160,000
  • July '23 Jul '23 $164,750
  • June '23 Jun '23 $150,000
  • May '23 May '23 $132,900
  • April '23 Apr '23 $133,750
  • March '23 Mar '23 $130,000
Median Down Payment i
$9,100
(Feb 2024)
-15.7%
year-over-year
y-o-y
  • February '24 Feb '24 $9,100
  • January '24 Jan '24 $11,424
  • December '23 Dec '23 $11,400
  • November '23 Nov '23 $15,029
  • October '23 Oct '23 $15,750
  • September '23 Sep '23 $9,100
  • August '23 Aug '23 $11,750
  • July '23 Jul '23 $14,000
  • June '23 Jun '23 $8,625
  • May '23 May '23 $8,100
  • April '23 Apr '23 $11,500
  • March '23 Mar '23 $13,244
Number of Homes Sold i
193
(Feb 2024)
+13.5%
year-over-year
y-o-y
  • February '24 Feb '24 193
  • January '24 Jan '24 169
  • December '23 Dec '23 218
  • November '23 Nov '23 231
  • October '23 Oct '23 226
  • September '23 Sep '23 263
  • August '23 Aug '23 277
  • July '23 Jul '23 267
  • June '23 Jun '23 264
  • May '23 May '23 203
  • April '23 Apr '23 238
  • March '23 Mar '23 234
Number of Purchase Loans i
126
(Feb 2024)
+13.5%
year-over-year
y-o-y
  • February '24 Feb '24 126
  • January '24 Jan '24 118
  • December '23 Dec '23 147
  • November '23 Nov '23 150
  • October '23 Oct '23 171
  • September '23 Sep '23 164
  • August '23 Aug '23 180
  • July '23 Jul '23 166
  • June '23 Jun '23 196
  • May '23 May '23 145
  • April '23 Apr '23 165
  • March '23 Mar '23 146
Number of REFI Loans i
82
(Feb 2024)
+12.3%
year-over-year
y-o-y
  • February '24 Feb '24 82
  • January '24 Jan '24 77
  • December '23 Dec '23 77
  • November '23 Nov '23 63
  • October '23 Oct '23 96
  • September '23 Sep '23 95
  • August '23 Aug '23 110
  • July '23 Jul '23 94
  • June '23 Jun '23 84
  • May '23 May '23 82
  • April '23 Apr '23 146
  • March '23 Mar '23 65
Number of HELOC Loans i
32
(Feb 2024)
+45.5%
year-over-year
y-o-y
  • February '24 Feb '24 32
  • January '24 Jan '24 32
  • December '23 Dec '23 30
  • November '23 Nov '23 25
  • October '23 Oct '23 31
  • September '23 Sep '23 34
  • August '23 Aug '23 39
  • July '23 Jul '23 33
  • June '23 Jun '23 47
  • May '23 May '23 40
  • April '23 Apr '23 33
  • March '23 Mar '23 27

Lansing, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Lansing, MI Foreclosure Activity

There were a total of 8 Lansing, MI properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 8 Lansing, MI properties and repossessed 3 Lansing, MI properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
8
(Feb 2024)
-61.9%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 16
  • December '23 Dec '23 11
  • November '23 Nov '23 17
  • October '23 Oct '23 22
  • September '23 Sep '23 9
  • August '23 Aug '23 26
  • July '23 Jul '23 13
  • June '23 Jun '23 30
  • May '23 May '23 9
  • April '23 Apr '23 31
  • March '23 Mar '23 18
Foreclosure Starts i
8
(Feb 2024)
-61.9%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 16
  • December '23 Dec '23 11
  • November '23 Nov '23 17
  • October '23 Oct '23 22
  • September '23 Sep '23 9
  • August '23 Aug '23 26
  • July '23 Jul '23 13
  • June '23 Jun '23 30
  • May '23 May '23 9
  • April '23 Apr '23 31
  • March '23 Mar '23 18
Completed Foreclosures (REOs) i
3
(Feb 2024)
-57.1%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 9
  • December '23 Dec '23 N/A
  • November '23 Nov '23 7
  • October '23 Oct '23 1
  • September '23 Sep '23 5
  • August '23 Aug '23 1
  • July '23 Jul '23 10
  • June '23 Jun '23 3
  • May '23 May '23 12
  • April '23 Apr '23 11
  • March '23 Mar '23 8
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