Market Intelligence · MI / Lansing

Lansing, MI 48917 Housing Market

The typical home in Lansing's 48917 ZIP code is worth $268,195, up 1.5% over the past year. The median list price sits at $272,350, and homes are taking a median of 35 days on market to sell as of June 1, 2026.

Updated June 2026Median value$268K

The median home value in Lansing, MI 48917 is $268K as of June 2026, up 1.5% 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

$247K to $290K

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

+1.5% over 12 months

Typical home value in 48917 over the last 12 months: $264K in Jun 2025 to $268K in Jun 2026 (+1.5%).

Jun 2025$264K

Jun 2026$268K

The numbers

What is the 48917 housing market like?

Typical home value

$268K

Up1.5%YoY

Median list price

$272K

Days on market

35

Flat0.0%MoM

Homes for sale

37

Price cuts

12.6%

New listings

42

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

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The comparison

How do 48917 home prices compare?

  • 48917$268,195
  • 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 1, 2026, there are 37 homes for sale in 48917, with 42 new listings coming onto the market. The median list price is $272,350, close to the typical home value of $268,195, which has risen 1.5% over the past year. Homes are taking a median of 35 days to sell, and 12.6% of listings have had a price cut. For sellers, this points to a steady market where realistic pricing matters more than waiting for a bidding war.

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