New - 3 days on Rocket
$1,888 Closing Credit¹
#286445, Hope Bungard, Listing Office: Keller Williams Realty Lansing-East
48933 Housing Market Report February 2025•Ingham County, Michigan
Housing Prices in 48933, MI
How much do homes in 48933, MI cost?
Median List Price
$187,450$96/SqFt
+$47,550
+34.0%
Based on all homes listed in the last 12 months
Insight
The list price of homes in 48933 has increased by 34% since last year.
Summary: The median home list price in 48933 was $187,450 in February 2025, up 34% from the previous year, and the median price per square foot was $96.
Median List Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $197.4K | $237.4K | +20.2% |
| 33 Bedrooms | $164.9K | $174.9K | +6.1% |
| 44 Bedrooms | $122.4K | $124.2K | +1.5% |
| 55+ Bedrooms | $169.9K | $200K | +17.7% |
Summary: 48933 housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +20.2%. The home price for 3 bedroom homes increased by +6.1%. The home price for 4 bedroom homes increased by +1.5%. The home price for 5 bedroom homes increased by +17.7%.
Housing supply in 48933, MI
How many homes are available in 48933, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 32 months agoJan 2025 | 0.0 % Change MoMJan – Feb |
Summary: The 48933 real estate market had 3 homes for sale in Feb 2025, the same as Jan 2025
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 1 | 0.0% |
| 33 Bedrooms | 0 | 0 | 0.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: 48933 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 48933, MI cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price1 Home
Insight
If you're buying a home in 48933, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 48933 in February 2025, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for 48933, MI
How long does it take to sell a home in 48933, MI?
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 73 DaysThis YearFeb 2025 | ||
| 71 Days1 year agoFeb 2024 | +3.8 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 48933 had an average listing age of 73 days in Feb 2025, up by 3.8% compared to the previous year.
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Newest Listings in 48933, MI
What homes are available in 48933, MI?
$2,019 Closing Credit¹
#286381, Chris Roelofs, Listing Office: Coldwell Banker Professionals -Okemos
$2,019 Closing Credit¹
#286379, Chris Roelofs, Listing Office: Coldwell Banker Professionals -Okemos
$3,076 Closing Credit¹
#286191, Joseph Vitale, Listing Office: Century 21 Affiliated
$1,661 Closing Credit¹
#285540, Hunter Seyfarth, Listing Office: Berkshire Hathaway HomeServices Tomie Raines
Video tour
$4,156 Closing Credit¹
#282586, Jessica Hillyer, Listing Office: Coldwell Banker Realty-West Lansing
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MLS Disclaimers and Copyright
Based on information from Greater Lansing MLS, for the period 03/01/2023 - 03/01/2025
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.Copyright © 2025 Greater Lansing Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.