Market Intelligence · MI / Lansing

Lansing, MI 48933 Housing Market

The typical home value in Lansing's 48933 is $173,158, up 7.2% over the past year. The median list price is $171,950, and homes are taking a median 107 days to sell, with 10 homes for sale as of 2026-08-01.

Updated August 2026Median value$173K

The median home value in Lansing, MI 48933 is $173K as of August 2026, up 7.2% 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 48933 range

$159K to $187K

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

+7.2% over 12 months

Typical home value in 48933 over the last 12 months: $162K in Aug 2025 to $173K in Aug 2026 (+7.2%).

Aug 2025$162K

Aug 2026$173K

The numbers

What is the 48933 housing market like?

Typical home value

$173K

Up7.2%YoY

Median list price

$172K

Up2.5%MoM

Days on market

107

Flat0.0%MoM

Homes for sale

10

Up11.1%MoM

Price cuts

36.4%

New listings

0

Down100.0%MoM

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

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The comparison

How do 48933 home prices compare?

  • 48933$173,158
  • 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

There were 10 homes for sale in 48933 as of 2026-08-01, and 0 new listings came on, so choices are limited. Even with thin supply, the market is slow: the median days on market is 107. Sellers are adjusting, with 36.4% of listings showing a price cut. At the same time, the typical home value is $173,158, up 7.2% over the past year, while the median list price is $171,950. For a seller, the message is simple: price carefully and expect patience to matter.

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