Market Intelligence · MI / Lansing

Lansing, MI 48912 Housing Market

The typical home value in Lansing's 48912 ZIP code is $142,006, down 1.1% over the past year. Homes here carry a median list price of $116,925, and listings sit for a median of 42 days on market as of June 2026.

Updated June 2026Median value$142K

The median home value in Lansing, MI 48912 is $142K as of June 2026, down 1.1% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 48912 range

$131K to $153K

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

-1.1% over 12 months

Typical home value in 48912 over the last 12 months: $144K in Jun 2025 to $142K in Jun 2026 (-1.1%).

Jun 2025$144K

Jun 2026$142K

The numbers

What is the 48912 housing market like?

Typical home value

$142K

Down1.1%YoY

Median list price

$117K

Days on market

42

Up7.7%MoM

Homes for sale

44

Price cuts

12.1%

New listings

36

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 48912 home prices compare?

  • 48912$142,006
  • Lansing$172,202
  • Michigan$247,122
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Lansing: 7 ZIPs; Michigan: 891 ZIPs; United States: 26,270 ZIPs).

Context

As of June 2026, there are 44 homes for sale in 48912, with 36 new listings recently added. The median list price is $116,925, while the typical home value stands at $142,006, down 1.1% over the past year. Homes take a median of 42 days to sell, and 12.1% of listings have had a price cut. For sellers, this points to a market where patience and realistic pricing matter more than expecting quick, top-dollar offers.

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