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Basset Park Bretton Woods

LANSING, MI 48917

Real Estate Market Report
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48917

Basset Park · Bretton Woods

Market Analysis

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

The LANSING, MI real estate market (48917) currently shows 54 active listings, with 29 pending sales. Homes are averaging 60 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 60 days on market compared to 39 days last year.

The median listing price has risen 7.3% year-over-year, from $256,175 to $274,950.

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: 32,379  ·  Density: 521.5/mi²  ·  Median household income: $71,370

Typical home value: $191,248  ·  Homeownership: 58.6%

Market Overview

Active Listings
54
⇧ 5.9% vs 51 last year
Pending
29
54% pending ratio
Median Price
$274,950
⇧ 7.3% vs $256,175 last year
Average Price
$289,160
⇧ 6.1% vs $272,612 last year
Days on Market
60
⇧ 53.8% vs 39 days last year

Price Per Square Foot

Median $/sqft
$147
⇧ 5.8% vs $139/sqft last year
Median Home Size
1,899 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 54 this year vs 51 last year
  • Days on market: 60 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $274,950 (+7.3% YoY)
  • Average: $289,160 (+6.1% 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 18.4 miles — 399 listings ($137,413,475 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48917Lansing, MI 489170.0 mi67$18,729,850$272,500$279,550
48933Lansing, MI 489334.2 mi7$930,440$129,900$132,920
48911Lansing, MI 489114.9 mi74$17,571,078$199,900$237,447
48821Dimondale, MI 488216.0 mi13$5,546,021$343,000$426,617
48837Grand Ledge, MI 488376.6 mi41$14,061,319$289,000$342,959
48842Holt, MI 488428.0 mi41$12,547,435$285,000$306,035
48822Eagle, MI 488229.7 mi8$5,249,336$531,500$656,167
48864Okemos, MI 4886411.8 mi41$22,917,237$423,500$558,957
48854Mason, MI 4885413.7 mi34$10,468,600$269,900$307,900
48861Mulliken, MI 4886114.1 mi6$2,073,798$311,900$345,633
48827Eaton Rapids, MI 4882715.0 mi27$8,472,762$262,500$313,806
48875Portland, MI 4887517.4 mi19$7,004,350$362,500$368,650
48895Williamston, MI 4889518.4 mi21$11,841,249$439,400$563,869

Frequently Asked Questions

How many homes are for sale in LANSING, MI 48917?

As of February 2026, there are 54 active listings in LANSING, MI (zip code 48917), compared to 51 the prior year.

What is the median home price in LANSING, MI 48917?

The median listing price in LANSING, MI 48917 is $274,950 as of February 2026, a 7.3% increase from $256,175 the prior year.

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

Homes in LANSING, MI 48917 spend an average of 60 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in LANSING, MI 48917?

Based on current inventory and days-on-market data as of February 2026, LANSING, MI 48917 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 60 days on market compared to 39 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 48917 save an estimated $5,499 compared to a typical 5% commission on the median listing price of $274,950. 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.