Lansing, MI Real Estate Market Summary – September 8, 2026
In Lansing, MI, the residential real estate market has seen a total of 151 homes sold in the last 30 days, averaging about 5 homes sold per day. The average sale price stands at $200,549, with a median price of $181,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 151 |
| Sold Per Day | 5.03 |
| Average SQFT | 1608 |
| Median Sales Price | $181,000 |
| Average Sales Price | $200,549 |
| Average Price Per SQFT | $127 |
| Average Days on Market | 17 |
| Average Year Built | 1952 |
Lansing, MI Single Family Home Analysis
Within the single-family segment, 126 homes have been sold recently, with an average sale price of $201,395 and a median of $182,000. The properties average 1,592 square feet, and were listed for an average of 17 days before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 126 |
| Sold Per Day | 4.20 |
| Average SQFT | 1592 |
| Median Sales Price | $182,000 |
| Average Sales Price | $201,395 |
| Average Price Per SQFT | $127 |
| Average Days on Market | 17 |
| Average Year Built | 1951 |
Lansing, MI Condo & Townhome Analysis
The condo and townhome market consists of 13 recent sales, with an average sale price of $214,558 and a median price of $193,000. These homes boast an average living area of 1,811 square feet and averaged 16 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 13 |
| Sold Per Day | 1 every 2.31 days |
| Average SQFT | 1811 |
| Median Sales Price | $193,000 |
| Average Sales Price | $214,558 |
| Average Price Per SQFT | $123 |
| Average Days on Market | 16 |
| Average Year Built | 1989 |
Buyer & Seller Analysis
- Pace of listings is 5.03 per day for the overall market.
- Average days on market is 17 days for single-family homes.
- The median sale price for homes is $181,000.
- Sales data is provided for homes sold in the last 30 days.
Conclusion
Overall, the housing market in Lansing shows a steady activity level with opportunities across different property types. Buyers and sellers can find valuable insights from the recent trends in the area.