Market Intelligence · MI / Lansing

Lansing, MI 48933 Housing Market

Typical homes in 48933 are valued at $169,281, up 6.0% over the past year. The median list price sits at $168,425, with homes staying on the market for a median of 83 days as of September 2026.

Updated September 2026Median value$169K

The median home value in Lansing, MI 48933 is $169K as of September 2026, up 6.0% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 48933 range

$156K to $183K

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

+6.0% over 12 months

Sep 2025$160K

Low $160KHigh $172K

Sep 2026$169K

The numbers

What is the 48933 housing market like?

As of September 2026

Typical home value

$169K

6.0%YoY

Median list price

$168K

2.1%MoM

Days on market

22.4%MoM

Homes for sale

10.0%MoM

Price cuts

45.0%

23.8%MoM

New listings

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

The outlook

48933 housing market forecast 2027

+2.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 48933 to rise 2.9% by September 2027.

Over the 12 months through September 2026, typical home values in 48933 rose 6.0%, per the Zillow Home Value Index.

Will home prices drop in 48933?

Zillow's forecast does not call for a drop: it expects typical home values in 48933 to rise 2.9% by September 2027, after a 6.0% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 48933 home prices compare?

48933$169,281
Lansing$166,123
Michigan$241,156
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Lansing: 7 ZIPs; Michigan: 891 ZIPs; United States: 26,262 ZIPs).

Context

The 48933 ZIP code in Lansing shows modest activity, with 9 homes currently for sale. Median days on market of 83 suggests a measured pace of sales. Nearly half of listings, at 45.0%, have seen price cuts. The year-over-year value gain of 6.0% reflects underlying stability in the market. For sellers, this is a balanced market where pricing strategy and condition matter more than in a hot market.

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Home price

Down payment20% · $33,856

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Common questions

What people ask us.

What is a typical home worth in 48933?

Typical home values in 48933 are $169,281 as of September 2026, up 6.0% over the past year.

How long do homes take to sell in 48933?

The median time on market is 83 days as of September 2026.

How many homes are for sale in 48933 right now?

There are 9 homes for sale as of September 2026.

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