Lansing, MI Real Estate & Property Data

Lansing Real Estate Market Trends
Last Updated: April 22, 2025

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 2,899 residential properties have sold over the past year. With a median home price of $160,000 in Lansing and a total of 18 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 53,450
Total Commercial Properties 5,164
Avg. Home Age (Single Family Home) 73 Years
Avg. Square Feet (Single Family Home) 1,278
Total 2025 Residential Sales (year-to-date) 412
% of Homes Seriously Underwater (Q2 2025) 1.24%
Total 2024 Residential Sales 2,656
% of Equity Rich Homes (Q2 2025) 33.92%
Effective 2024 Property Tax 1.71%
Total Foreclosure Filings (year-to-date) 39
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Lansing, MI Real Estate Overview

There were 2,899 residential properties sold in the past year in Lansing, MI. The median home value in Lansing, MI is $161,094. There are a total of 53,450 residential properties in the Lansing.

Median Sales Price i
$160,000
(Feb 2025)
+8.5%
year-over-year
y-o-y
  • February '25 Feb '25 $160,000
  • January '25 Jan '25 $161,000
  • December '24 Dec '24 $156,952
  • November '24 Nov '24 $153,700
  • October '24 Oct '24 $150,500
  • September '24 Sep '24 $165,000
  • August '24 Aug '24 $160,000
  • July '24 Jul '24 $165,250
  • June '24 Jun '24 $160,250
  • May '24 May '24 $165,000
  • April '24 Apr '24 $150,000
  • March '24 Mar '24 $147,500
Median Down Payment i
$9,375
(Feb 2025)
-6.1%
year-over-year
y-o-y
  • February '25 Feb '25 $9,375
  • January '25 Jan '25 $15,300
  • December '24 Dec '24 $18,500
  • November '24 Nov '24 $15,250
  • October '24 Oct '24 $15,502
  • September '24 Sep '24 $8,875
  • August '24 Aug '24 $12,500
  • July '24 Jul '24 $16,500
  • June '24 Jun '24 $18,500
  • May '24 May '24 $12,255
  • April '24 Apr '24 $7,766
  • March '24 Mar '24 $14,015
Number of Homes Sold i
152
(Feb 2025)
-20.8%
year-over-year
y-o-y
  • February '25 Feb '25 152
  • January '25 Jan '25 260
  • December '24 Dec '24 194
  • November '24 Nov '24 198
  • October '24 Oct '24 247
  • September '24 Sep '24 236
  • August '24 Aug '24 269
  • July '24 Jul '24 244
  • June '24 Jun '24 232
  • May '24 May '24 255
  • April '24 Apr '24 229
  • March '24 Mar '24 191
Number of Purchase Loans i
108
(Feb 2025)
-17.6%
year-over-year
y-o-y
  • February '25 Feb '25 108
  • January '25 Jan '25 178
  • December '24 Dec '24 155
  • November '24 Nov '24 157
  • October '24 Oct '24 184
  • September '24 Sep '24 165
  • August '24 Aug '24 189
  • July '24 Jul '24 188
  • June '24 Jun '24 178
  • May '24 May '24 188
  • April '24 Apr '24 167
  • March '24 Mar '24 131
Number of REFI Loans i
83
(Feb 2025)
year-over-year
y-o-y
  • February '25 Feb '25 83
  • January '25 Jan '25 144
  • December '24 Dec '24 97
  • November '24 Nov '24 100
  • October '24 Oct '24 134
  • September '24 Sep '24 97
  • August '24 Aug '24 95
  • July '24 Jul '24 71
  • June '24 Jun '24 81
  • May '24 May '24 68
  • April '24 Apr '24 98
  • March '24 Mar '24 73
Number of HELOC Loans i
31
(Feb 2025)
-3.1%
year-over-year
y-o-y
  • February '25 Feb '25 31
  • January '25 Jan '25 53
  • December '24 Dec '24 35
  • November '24 Nov '24 31
  • October '24 Oct '24 53
  • September '24 Sep '24 46
  • August '24 Aug '24 55
  • July '24 Jul '24 58
  • June '24 Jun '24 38
  • May '24 May '24 47
  • April '24 Apr '24 50
  • March '24 Mar '24 30

Lansing, MI Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Lansing, MI Foreclosure Activity

There were a total of 18 Lansing, MI properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 18 Lansing, MI properties and repossessed 5 Lansing, MI properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i
18
(Feb 2025)
+125%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 21
  • December '24 Dec '24 15
  • November '24 Nov '24 13
  • October '24 Oct '24 16
  • September '24 Sep '24 12
  • August '24 Aug '24 18
  • July '24 Jul '24 27
  • June '24 Jun '24 13
  • May '24 May '24 17
  • April '24 Apr '24 8
  • March '24 Mar '24 4
Foreclosure Starts i
18
(Feb 2025)
+125%
year-over-year
y-o-y
  • February '25 Feb '25 18
  • January '25 Jan '25 21
  • December '24 Dec '24 15
  • November '24 Nov '24 13
  • October '24 Oct '24 16
  • September '24 Sep '24 12
  • August '24 Aug '24 18
  • July '24 Jul '24 27
  • June '24 Jun '24 13
  • May '24 May '24 17
  • April '24 Apr '24 8
  • March '24 Mar '24 4
Completed Foreclosures (REOs) i
5
(Feb 2025)
+66.7%
year-over-year
y-o-y
  • February '25 Feb '25 5
  • January '25 Jan '25 3
  • December '24 Dec '24 14
  • November '24 Nov '24 5
  • October '24 Oct '24 N/A
  • September '24 Sep '24 3
  • August '24 Aug '24 8
  • July '24 Jul '24 11
  • June '24 Jun '24 2
  • May '24 May '24 1
  • April '24 Apr '24 2
  • March '24 Mar '24 1
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