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Data as of February 2026. Source: Realtor.com.
The LANSING, MI real estate market (48906) currently shows 96 active listings, with 37 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.
Homes are selling faster, averaging 49 days on market compared to 75 days last year.
The median listing price has risen 6% year-over-year, from $124,925 to $132,425.
Whether you are buying or selling in 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: 25,953 · Density: 308.1/mi² · Median household income: $57,445
Typical home value: $132,035 · Homeownership: 65.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 48906 | Lansing, MI 48906 | 0.0 mi | 80 | $14,783,520 | $149,500 | $184,794 |
| 48933 | Lansing, MI 48933 | 4.2 mi | 7 | $930,440 | $129,900 | $132,920 |
| 48917 | Lansing, MI 48917 | 4.9 mi | 67 | $18,729,850 | $272,500 | $279,550 |
| 48910 | Lansing, MI 48910 | 6.9 mi | 128 | $18,334,976 | $135,000 | $143,242 |
| 48808 | Bath, MI 48808 | 7.5 mi | 9 | $4,732,200 | $469,950 | $525,800 |
| 48822 | Eagle, MI 48822 | 9.3 mi | 8 | $5,249,336 | $531,500 | $656,167 |
| 48821 | Dimondale, MI 48821 | 10.6 mi | 13 | $5,546,021 | $343,000 | $426,617 |
| 48864 | Okemos, MI 48864 | 10.8 mi | 41 | $22,917,237 | $423,500 | $558,957 |
| 48876 | Potterville, MI 48876 | 12.1 mi | 5 | $1,687,250 | $349,900 | $337,450 |
| 48879 | Saint Johns, MI 48879 | 15.3 mi | 42 | $14,595,126 | $330,000 | $347,503 |
| 48895 | Williamston, MI 48895 | 17.0 mi | 21 | $11,841,249 | $439,400 | $563,869 |
| 48866 | Ovid, MI 48866 | 18.1 mi | 12 | $2,844,288 | $258,222 | $237,024 |
| 48835 | Fowler, MI 48835 | 18.7 mi | 4 | $1,158,532 | $265,000 | $289,633 |
As of February 2026, there are 96 active listings in LANSING, MI (zip code 48906), compared to 78 the prior year.
The median listing price in LANSING, MI 48906 is $132,425 as of February 2026, a 6% increase from $124,925 the prior year.
Homes in LANSING, MI 48906 spend an average of 49 days on the market before going under contract, compared to 75 days the prior year.
Based on current inventory and days-on-market data as of February 2026, LANSING, MI 48906 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 75 days last year.
With SELL123.com's maximum 3% commission, sellers in LANSING, MI 48906 save an estimated $2,649 compared to a typical 5% commission on the median listing price of $132,425. 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.