Market Intelligence · MI / Lansing

Lansing, MI 48915 Housing Market

The typical home value in Lansing's 48915 ZIP code is $129,211, up 2.0% over the past year as of 2026-08-01. Sellers are listing at a median price of $140,000, and homes are spending a median of 46 days on the market.

Updated August 2026Median value$129K

The median home value in Lansing, MI 48915 is $129K as of August 2026, up 2.0% 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 48915 range

$119K to $140K

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

+2.0% over 12 months

Typical home value in 48915 over the last 12 months: $127K in Aug 2025 to $129K in Aug 2026 (+2.0%).

Aug 2025$127K

Aug 2026$129K

The numbers

What is the 48915 housing market like?

Typical home value

$129K

Up2.0%YoY

Median list price

$140K

Down2.3%MoM

Days on market

46

Down14.8%MoM

Homes for sale

54

Up31.7%MoM

Price cuts

21.3%

Up68.1%MoM

New listings

20

Down9.1%MoM

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

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The comparison

How do 48915 home prices compare?

  • 48915$129,211
  • Lansing$169,625
  • Michigan$243,093
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lansing: 7 ZIPs; Michigan: 891 ZIPs; United States: 26,265 ZIPs).

Context

Home values in 48915 have risen 2.0% over the past year, bringing the typical value to $129,211. The median list price sits at $140,000, above that typical value, and homes take a median of 46 days to sell. There were 54 homes for sale as of 2026-08-01, with 20 new listings entering the market. About 21.3% of listings have taken a price cut. For a seller, this is a market where realistic pricing matters more than optimism.

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