3 hours on Rocket
$238 Closing Credit¹
#287195, Cindy Rase, Listing Office: Great America Brokers LLC
Lansing Housing Market Report March 2025•Ingham County, Michigan
Housing Prices in Lansing, MI
How much do homes in Lansing, MI cost?
Housing Market Conditions
Is Lansing, MI a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lansing is a Seller's Market
Difference Since March 2024
Since last year, Lansing has remained a Seller's Market.
Insight
Lansing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$157,524$120/SqFt
+$11,777
+8.1%
Based on all homes sold in the last 12 months
Insight
Homes in Lansing have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Lansing was $157,524 in March 2025, up 8.1% from last year, and the median price per square foot was $120.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Lansing | $145.7K | $157.5K | +8.1% |
| Lansing Charter Township | $144.9K | $155.9K | +7.6% |
| East Lansing | $283.3K | $302.4K | +6.8% |
| Delta Charter Township | $270K | $281.7K | +4.3% |
| Delhi Charter Township | $275K | $285K | +3.6% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $60K | $84K | +40.0% |
| 22 Bedrooms | $106.6K | $117.1K | +9.8% |
| 33 Bedrooms | $155K | $168.3K | +8.6% |
| 44 Bedrooms | $209.2K | $210.6K | +0.7% |
| 55+ Bedrooms | $330K | $245.5K | -25.6% |
Summary: Lansing housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +40.0%. The home price for 2 bedroom homes increased by +9.8%. The home price for 3 bedroom homes increased by +8.6%. The home price for 4 bedroom homes increased by +0.7%. The home price for 5 bedroom homes decreased by -25.6%.
How does Lansing, MI compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lansing, MI
Housing supply in Lansing, MI
How many homes are available in Lansing, MI?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 516Last MonthMar 2025 | ||
| 4562 months agoFeb 2025 | +13.2 % Change MoMFeb – Mar |
Summary: The Lansing real estate market had 516 homes for sale in Mar 2025, a 13.2 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 124Last MonthMar 2025 | ||
| 1202 months agoFeb 2025 | +3.3 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 8 | 8 | 0.0% |
| 22 Bedrooms | 131 | 147 | +12.2% |
| 33 Bedrooms | 218 | 261 | +19.7% |
| 44 Bedrooms | 80 | 77 | -3.8% |
| 55+ Bedrooms | 19 | 23 | +21.1% |
Summary: Lansing housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +12.2%. The inventory for 3 bedroom homes increased by +19.7%. The inventory for 4 bedroom homes decreased by -3.8%. The inventory for 5 bedroom homes increased by +21.1%.
Asking Price vs. Sold Price
How much do homes in Lansing, MI cost?
Over Asking Price58 Homes
At Asking Price15 Homes
Under Asking Price51 Homes
Insight
If you're buying a home in Lansing, you could pay more than the asking price. 46.8% of homes here sold above asking price last month.
Summary: A total of 124 homes were sold or pending in Lansing in March 2025, up by 3.3% month-over-month. Of the 124 sold homes, 41% were sold under asking, 12% were sold at asking, and and 47% were sold over asking.
Days on Market for Lansing, MI
How long does it take to sell a home in Lansing, MI?
Breakdown of Home Sale Times
Under 30 Days7 Homes
30 – 90 Days4 Homes
Over 90 Days2 Homes
Insight
Many homes in Lansing are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 124 homes were sold in Lansing; 6% of homes were sold within 30 days, 3% of homes were sold within 30 to 90 days, and 2% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 49 DaysThis YearMar 2025 | ||
| 19 Days1 year agoMar 2024 | +146.7 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Lansing had an average listing age of 49 days in Mar 2025, up by 146.7% compared to the previous year.
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Newest Listings in Lansing, MI
What homes are available in Lansing, MI?
Coming soon
$2,969 Closing Credit¹
#287180, Brianna Garrett, Listing Office: Good Company Realty
1 day on Rocket
$2,611 Closing Credit¹
#287174, Kim Henderson, Listing Office: Gateway to Homes
1 day on Rocket
$1,602 Closing Credit¹
#287172, Karen Wey, Listing Office: EXP Realty - Lansing
1 day on Rocket
$1,009 Closing Credit¹
#287170, Ashley Shaffier Smith, Listing Office: Oasis Realty
Coming soon
$3,264 Closing Credit¹
#287169, Karen Wey, Listing Office: EXP Realty - Lansing
2 days on Rocket
#287165, Mitch Olson, Listing Office: Keller Williams Realty Lansing
2 days on Rocket
$3,264 Closing Credit¹
#287163, Neil Smith, Listing Office: Five Star Real Estate - Lansing
2 days on Rocket
$2,244 Closing Credit¹
#287157, Erica Cook, Listing Office: Keller Williams Realty Lansing
2 days on Rocket
$1,661 Closing Credit¹
#287158, Jason VanSickle, Listing Office: RE/MAX Real Estate Professionals
2 days on Rocket
$2,493 Closing Credit¹
#287156, Zach Peck, Listing Office: Keller Williams Realty Lansing
2 days on Rocket
$2,375 Closing Credit¹
#62025013204, Alexa DeCair Elevate Team, Listing Office: Michigan Top Producers
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MLS Disclaimers and Copyright
Based on information from Greater Lansing MLS, RealComp II Ltd., and Michigan Regional Information Center LLC for the period 04/01/2023 - 04/01/2025
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: 4/5/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.
IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 5:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. 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: 4/5/2025, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.