Is Lansing, MI 48912 a buyer’s or seller’s market?
Lansing is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply4.1Under 4 months = seller’s market
Sold above original list46.7%Share of sales, last 3 months
Median sale-to-list98.8%Sold price ÷ list price
Median days on market34Listing to accepted offer
Median price per sq ft$123▲ +2.0% vs. last year
Run the numbers for 48912
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