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Market Intelligence · MI / Lansing

Lansing, MI 48911 Housing Market

Typical home value in Lansing 48911 sits at $171,433, up 2.6% over the past year. The median list price is $179,900, with homes taking 40 days on market as of September 2026.

Updated September 2026Median value$171K

The median home value in Lansing, MI 48911 is $171K as of September 2026, up 2.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48911 range

$158K to $185K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+2.6% over 12 months

Typical home value in 48911 over the last 12 months: $167K in Sep 2025 to $171K in Sep 2026 (+2.6%).

Sep 2025$167K

Sep 2026$171K

The numbers

What is the 48911 housing market like?

Typical home value

$171K

Up2.6%YoY

Median list price

$180K

Down2.2%MoM

Days on market

40

Up29.0%MoM

Homes for sale

69

Up30.2%MoM

Price cuts

27.5%

Up125.4%MoM

New listings

32

Flat0.0%MoM

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

The outlook

48911 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48911 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 48911 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 48911?

Zillow's forecast does not call for a drop: it expects typical home values in 48911 to rise 2.5% by September 2027, after a 2.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48911 home prices compare?

  • 48911$171,433
  • Lansing$166,123
  • Michigan$241,156
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lansing: 7 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

The 48911 ZIP has 69 homes for sale, with 32 new listings in September 2026. About 27.5% of listings carry a price cut, suggesting some seller adjustment in the current environment. At a 40-day median days on market, homes are moving at a moderate pace. The gap between typical value and median list price is relatively narrow. For sellers, this is a balanced market where pricing discipline matters.

Monthly payment

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20% · $34,287

Common questions

What people ask us.

What is a typical home worth in Lansing 48911?

Typical home value is $171,433 as of September 2026, up 2.6% over the past year.

How long do homes stay on the market here?

The median days on market is 40 as of September 2026.

What is the median list price?

The median list price in 48911 is $179,900 as of September 2026.

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