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Churchill Downs East Battenfield Lansing Eaton (Lansing-Eaton) Sagamore Hills Scottsdale Wexford Heights Wood Mere

LANSING, MI 48911

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48911

Churchill Downs · East Battenfield · Lansing Eaton (Lansing-Eaton) · Sagamore Hills · Scottsdale · Wexford Heights · Wood Mere

Market Analysis

Data as of February 2026. Source: Realtor.com.

The LANSING, MI real estate market (48911) currently shows 71 active listings, with 34 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

The median listing price has risen 25.8% year-over-year, from $149,000 to $187,475.

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.

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Market Context

Market Context

Population: 40,755  ·  Density: 907.7/mi²  ·  Median household income: $54,792

Typical home value: $122,037  ·  Homeownership: 56.4%

Market Overview

Active Listings
71
⇩ 1.4% vs 72 last year
Pending
34
48% pending ratio
Median Price
$187,475
⇧ 25.8% vs $149,000 last year
Average Price
$234,285
⇧ 29% vs $181,682 last year
Days on Market
49
⇧ 8.9% vs 45 days last year

Price Per Square Foot

Median $/sqft
$131
⇧ 4.8% vs $125/sqft last year
Median Home Size
1,502 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 71 this year vs 72 last year
  • Days on market: 49 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $187,475 (+25.8% YoY)
  • Average: $234,285 (+29% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.9 miles — 510 listings ($148,652,455 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48911Lansing, MI 489110.0 mi74$17,571,078$199,900$237,447
48842Holt, MI 488423.2 mi41$12,547,435$285,000$306,035
48915Lansing, MI 489154.5 mi61$7,390,577$110,000$121,157
48917Lansing, MI 489174.9 mi67$18,729,850$272,500$279,550
48906Lansing, MI 489067.7 mi80$14,783,520$149,500$184,794
48864Okemos, MI 488648.6 mi41$22,917,237$423,500$558,957
48854Mason, MI 488548.8 mi34$10,468,600$269,900$307,900
48840Haslett, MI 4884012.1 mi27$14,818,437$483,800$548,831
48808Bath, MI 4880812.2 mi9$4,732,200$469,950$525,800
48822Eagle, MI 4882214.6 mi8$5,249,336$531,500$656,167
48813Charlotte, MI 4881315.3 mi45$12,886,875$294,500$286,375
49251Leslie, MI 4925116.6 mi17$4,483,512$258,500$263,736
48861Mulliken, MI 4886117.9 mi6$2,073,798$311,900$345,633

Frequently Asked Questions

How many homes are for sale in LANSING, MI 48911?

As of February 2026, there are 71 active listings in LANSING, MI (zip code 48911), compared to 72 the prior year.

What is the median home price in LANSING, MI 48911?

The median listing price in LANSING, MI 48911 is $187,475 as of February 2026, a 25.8% increase from $149,000 the prior year.

How long do homes stay on the market in LANSING, MI?

Homes in LANSING, MI 48911 spend an average of 49 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in LANSING, MI 48911?

Based on current inventory and days-on-market data as of February 2026, LANSING, MI 48911 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 49 days on market compared to 45 days last year.

How much can I save on real estate commission in LANSING, MI?

With SELL123.com's maximum 3% commission, sellers in LANSING, MI 48911 save an estimated $3,750 compared to a typical 5% commission on the median listing price of $187,475. 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.