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Market Intelligence · MI / Ingham County

Lansing, MI home prices and housing market

7 ZIP markets liveData updated September 2026Typical value$166K1-yr changeUp4.0%

The typical home value in Lansing, MI is $166K as of September 2026, up 4.0% from a year ago, based on the Zillow Home Value Index. In the typical Lansing ZIP code, the median list price is $148K and homes spend a median of 49 days on market as of September 2026 (Realtor.com).

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The coverage

Lansing, by the numbers.

Typical home valueZillow ZHVI, September 2026
$166K
1-yr changeMedian across Lansing ZIPs
+4.0%
ZIP markets live13 tracked in Lansing
7
County
Ingham County

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12-month value trend

+4.0% over 12 months

Typical home value in Lansing over the last 12 months: $160K in Sep 2025 to $166K in Sep 2026 (+4.0%).

Sep 2025$160K

Sep 2026$166K

Median Zillow home value index across Lansing's ZIP codes.

Context

Lansing's housing market shows modest growth momentum. The typical home value reached $166,123, up 4.0% over the past year as of September 2026. With 458 homes for sale and a median list price of $147,500, there is moderate inventory available. Homes are spending a median of 49 days on market, and new listings totaled 186 in September 2026. About 24.5% of listings carried a price cut, suggesting some sellers adjusted their expectations. If you're considering selling, the market is steady but not frenzied, so your timeline and pricing strategy matter more than urgency.

The numbers

What is the housing market like in Lansing, MI?

Typical home value

$166K

Up4.0%YoY

Median list price

$148K

Days on market

49

Homes for sale

458

Price cuts

24.5%

New listings

186

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Lansing's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Lansing, MI home prices over time

Typical home values in Lansing, MI are up 4.0% over the past year, from $160K in September 2025 to $166K in September 2026.

Typical home value in Lansing, MI, September of each year
MonthTypical value1-yr change
September 2026$166,123+4.0%
September 2025$159,771No prior year

Typical value is the median Zillow Home Value Index across Lansing ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Lansing, MI a buyer's or seller's market?

Lansing, MI is roughly balanced between buyers and sellers.

These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction.

Based on a median of 49 days on market and 24% of listings with a price cut in the typical Lansing ZIP code, and 186 new listings against 458 active listings across Lansing, as of September 2026 (Realtor.com).

The outlook

Lansing housing market forecast 2027

+2.5%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 7 Lansing ZIP codes, points to typical home values rising 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in Lansing rose 4.0%, per the Zillow Home Value Index.

Will home prices drop in Lansing?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Lansing shows typical home values rising 2.5% by September 2027, after a 4.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 7 Lansing ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Lansing ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 13 Lansing ZIP codes in total; the remaining 6 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Lansing, MI home prices.

What is the typical home value in Lansing?

The typical home value in Lansing is $166,123, up 4.0% over the past year as of September 2026.

How long do homes typically spend on the market in Lansing?

Homes in Lansing spend a median of 49 days on market. This timeframe suggests a moderate pace of sales with reasonable buyer interest.

How many homes are currently for sale in Lansing?

There are 458 homes for sale in Lansing as of September 2026, with a median list price of $147,500.

Are home prices going up or down in Lansing, MI?

Typical home values in Lansing, MI are up 4.0% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Lansing, MI a buyer's or seller's market?

Lansing, MI is roughly balanced between buyers and sellers. These measures sit between the ranges that usually favor one side, so pricing and condition matter more than market direction. Based on a median of 49 days on market and 24% of listings with a price cut in the typical Lansing ZIP code, and 186 new listings against 458 active listings across Lansing, as of September 2026 (Realtor.com).

Nearby markets

More Michigan housing markets.

The market is moving

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