Is Lansing, MI 48911 a buyer’s or seller’s market?
Lansing is a seller’s market. With about 2.4 months of supply and 38% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply2.4Under 4 months = seller’s market
Sold above original list37.8%Share of sales, last 3 months
Median sale-to-list100.1%Sold price ÷ list price
Median days on market32Listing to accepted offer
Median price per sq ft$133▲ +1.3% vs. last year
Run the numbers for 48911
Nearby markets
Dansville 48819Seller’s market $156 /sq ftEast Lansing 48823Seller’s market $173 /sq ftHaslett 48840Seller’s market $184 /sq ftHolt 48842Seller’s market $153 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology