East Lansing, MI 48823 Real Estate & Property Data

East Lansing, MI 48823 Real Estate Market Trends
Last Updated: September 06, 2025

A total of 597 residential properties have been sold over the past 12 months in 48823. With a median sales price of $333,500 in 48823 and a total of 1 foreclosures in East Lansing, MI 48823. Discover market trends and get the granular level real estate data for East Lansing, MI 48823 to keep your pulse on the housing market. Curate compelling home reports for East Lansing, MI 48823 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

East Lansing, MI 48823 Real Estate Market Trends
Total Residential Properties 11,539
Total Commercial Properties 804
Avg. Home Age (Single Family Home) 61 Years
Avg. Square Feet (Single Family Home) 1,876
Total 2025 Residential Sales (year-to-date) 260
% of Homes Seriously Underwater (Q3 2025) 1.59%
Total 2024 Residential Sales 552
% of Equity Rich Homes (Q3 2025) 38.86%
Effective 2024 Property Tax 1.88%
Total Foreclosure Filings (year-to-date) 8
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East Lansing, MI 48823 Real Estate Overview

There were 597 residential properties sold in the past year in East Lansing, MI 48823. The median home value in East Lansing, MI 48823 is $327,000. There are a total of 11,539 residential properties in the 48823.

Median Sales Price i
$333,500
(Jun 2025)
-2.8%
year-over-year
y-o-y
  • June '25 Jun '25 $333,500
  • May '25 May '25 $362,500
  • April '25 Apr '25 $354,500
  • March '25 Mar '25 $310,000
  • February '25 Feb '25 $281,000
  • January '25 Jan '25 $344,950
  • December '24 Dec '24 $343,000
  • November '24 Nov '24 $399,900
  • October '24 Oct '24 $294,950
  • September '24 Sep '24 $367,125
  • August '24 Aug '24 $317,500
  • July '24 Jul '24 $330,000
Median Down Payment i
$78,750
(Jun 2025)
+23%
year-over-year
y-o-y
  • June '25 Jun '25 $78,750
  • May '25 May '25 $56,765
  • April '25 Apr '25 $41,500
  • March '25 Mar '25 $44,000
  • February '25 Feb '25 $50,000
  • January '25 Jan '25 $63,000
  • December '24 Dec '24 $72,300
  • November '24 Nov '24 $55,240
  • October '24 Oct '24 $56,000
  • September '24 Sep '24 $68,000
  • August '24 Aug '24 $73,000
  • July '24 Jul '24 $77,000
Number of Homes Sold i
55
(Jun 2025)
-17.9%
year-over-year
y-o-y
  • June '25 Jun '25 55
  • May '25 May '25 63
  • April '25 Apr '25 41
  • March '25 Mar '25 37
  • February '25 Feb '25 32
  • January '25 Jan '25 32
  • December '24 Dec '24 33
  • November '24 Nov '24 28
  • October '24 Oct '24 46
  • September '24 Sep '24 54
  • August '24 Aug '24 49
  • July '24 Jul '24 60
Number of Purchase Loans i
34
(Jun 2025)
-17.1%
year-over-year
y-o-y
  • June '25 Jun '25 34
  • May '25 May '25 37
  • April '25 Apr '25 31
  • March '25 Mar '25 28
  • February '25 Feb '25 16
  • January '25 Jan '25 20
  • December '24 Dec '24 20
  • November '24 Nov '24 17
  • October '24 Oct '24 31
  • September '24 Sep '24 30
  • August '24 Aug '24 30
  • July '24 Jul '24 40
Number of REFI Loans i
38
(Jun 2025)
+375%
year-over-year
y-o-y
  • June '25 Jun '25 38
  • May '25 May '25 16
  • April '25 Apr '25 24
  • March '25 Mar '25 9
  • February '25 Feb '25 7
  • January '25 Jan '25 15
  • December '24 Dec '24 40
  • November '24 Nov '24 15
  • October '24 Oct '24 129
  • September '24 Sep '24 9
  • August '24 Aug '24 15
  • July '24 Jul '24 15
Number of HELOC Loans i
16
(Jun 2025)
-55.6%
year-over-year
y-o-y
  • June '25 Jun '25 16
  • May '25 May '25 10
  • April '25 Apr '25 21
  • March '25 Mar '25 16
  • February '25 Feb '25 7
  • January '25 Jan '25 17
  • December '24 Dec '24 11
  • November '24 Nov '24 17
  • October '24 Oct '24 10
  • September '24 Sep '24 15
  • August '24 Aug '24 15
  • July '24 Jul '24 13

East Lansing, MI 48823 Foreclosure Activity

There were a total of 1 East Lansing, MI 48823 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i
1
(Jun 2025)
-66.7%
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 N/A
Foreclosure Starts i
1
(Jun 2025)
-66.7%
year-over-year
y-o-y
  • June '25 Jun '25 1
  • May '25 May '25 3
  • April '25 Apr '25 1
  • March '25 Mar '25 1
  • February '25 Feb '25 1
  • January '25 Jan '25 1
  • December '24 Dec '24 2
  • November '24 Nov '24 1
  • October '24 Oct '24 2
  • September '24 Sep '24 N/A
  • August '24 Aug '24 2
  • July '24 Jul '24 N/A
Completed Foreclosures (REOs) i
  • June '25 Jun '25 N/A
  • May '25 May '25 1
  • April '25 Apr '25 N/A
  • March '25 Mar '25 N/A
  • February '25 Feb '25 2
  • January '25 Jan '25 1
  • December '24 Dec '24 N/A
  • November '24 Nov '24 N/A
  • October '24 Oct '24 N/A
  • September '24 Sep '24 1
  • August '24 Aug '24 1
  • July '24 Jul '24 N/A
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