Data as of February 2026. Source: Realtor.com.
The EAST LANSING, MI real estate market (48823) currently shows 84 active listings, with 34 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.
Homes are selling faster, averaging 41 days on market compared to 57 days last year.
The median listing price has fallen 10.2% year-over-year, from $349,700 to $313,975.
Whether you are buying or selling in EAST LANSING, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 49,713 · Density: 811.7/mi² · Median household income: $49,302
Typical home value: $247,644 · Homeownership: 44.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48823 | East Lansing, MI 48823 | 0.0 mi | 72 | $32,059,152 | $315,000 | $445,266 |
| 48840 | Haslett, MI 48840 | 4.2 mi | 27 | $14,818,437 | $483,800 | $548,831 |
| 48864 | Okemos, MI 48864 | 4.7 mi | 41 | $22,917,237 | $423,500 | $558,957 |
| 48910 | Lansing, MI 48910 | 5.8 mi | 128 | $18,334,976 | $135,000 | $143,242 |
| 48906 | Lansing, MI 48906 | 7.0 mi | 80 | $14,783,520 | $149,500 | $184,794 |
| 48917 | Lansing, MI 48917 | 9.7 mi | 67 | $18,729,850 | $272,500 | $279,550 |
| 48848 | Laingsburg, MI 48848 | 9.9 mi | 16 | $9,341,728 | $459,900 | $583,858 |
| 48895 | Williamston, MI 48895 | 10.1 mi | 21 | $11,841,249 | $439,400 | $563,869 |
| 48854 | Mason, MI 48854 | 12.5 mi | 34 | $10,468,600 | $269,900 | $307,900 |
| 48837 | Grand Ledge, MI 48837 | 15.9 mi | 41 | $14,061,319 | $289,000 | $342,959 |
| 48822 | Eagle, MI 48822 | 16.3 mi | 8 | $5,249,336 | $531,500 | $656,167 |
| 48866 | Ovid, MI 48866 | 16.5 mi | 12 | $2,844,288 | $258,222 | $237,024 |
| 48819 | Dansville, MI 48819 | 17.2 mi | 6 | $2,227,200 | $312,500 | $371,200 |
As of February 2026, there are 84 active listings in EAST LANSING, MI (zip code 48823), compared to 83 the prior year.
The median listing price in EAST LANSING, MI 48823 is $313,975 as of February 2026, a 10.2% decrease from $349,700 the prior year.
Homes in EAST LANSING, MI 48823 spend an average of 41 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of February 2026, EAST LANSING, MI 48823 is currently a Balanced Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are selling faster, averaging 41 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in EAST LANSING, MI 48823 save an estimated $6,280 compared to a typical 5% commission on the median listing price of $313,975. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.