Market Intelligence · MI / Lansing

Lansing, MI 48917 Housing Market

The typical home in Lansing's 48917 ZIP code is worth $264,282, up 1.2% over the past year. The median list price sits at $282,500, and homes are spending a median of 35 days on the market.

Updated August 2026Median value$264K

The median home value in Lansing, MI 48917 is $264K as of August 2026, up 1.2% 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 48917 range

$243K to $285K

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

+1.2% over 12 months

Typical home value in 48917 over the last 12 months: $261K in Aug 2025 to $264K in Aug 2026 (+1.2%).

Aug 2025$261K

Aug 2026$264K

The numbers

What is the 48917 housing market like?

Typical home value

$264K

Up1.2%YoY

Median list price

$283K

Down1.2%MoM

Days on market

35

Down5.4%MoM

Homes for sale

46

Down2.1%MoM

Price cuts

17.9%

Up2.9%MoM

New listings

44

Up4.8%MoM

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

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The comparison

How do 48917 home prices compare?

  • 48917$264,282
  • 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

Sellers in 48917 are listing at a median of $282,500, while the typical home value in the ZIP is $264,282, a figure that rose 1.2% over the past year. There are 46 homes for sale, with 44 new listings coming to market, so buyers have a reasonable pool of options. Homes are moving at a median of 35 days, and 17.9% of listings have taken a price cut. For a seller, that means pricing carefully from the start matters, since some listings are already adjusting down while values overall are only edging up.

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20% · $52,856

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