Actionable insights into the Lansing, Michigan housing market — ideal for homebuyers and investors looking at MLS listings or working with MyTXRE.
Lansing’s housing mix includes single‑family homes, duplexes, townhomes, and some condominium units. You’ll find a variety of styles — from mid‑century suburban homes to more urban infill properties, making it possible to choose based on lifestyle and budget.
Lansing is served by public school districts as well as several private and charter school options, giving families a variety of education choices for different age groups and preferences.
Yes — Lansing offers attractive investment potential thanks to its affordable entry point, solid demand for rentals, and a stable, growing local economy. Lower upfront costs relative to many metro areas make it appealing for both new and seasoned investors.
The market is heating up: in spring 2025, home sales surged and new listings jumped, while the median days on market dropped significantly. Home prices have shown strong year-over-year growth.
Competition is moderate to strong. Houses in Lansing move relatively quickly, with many homes going under contract in about a month or slightly more. The spring surge in listings indicates active buyer participation.
The current median sale price for homes in Lansing is around $151,000, reflecting its affordability and strong entry-level market. The broader median home price is roughly $145,000 for single-family homes.
Renting is a viable option in Lansing, particularly for entry-level professionals, students, and families. The affordability of homes makes it a strong market for long-term renters, and there's good demand for well-maintained units.
Notable neighborhoods include Old Everett, Colonial Village, and Westside Lansing. These areas are known for their mix of housing styles and accessibility to amenities.
Lansing has a well-established road network, and residents benefit from moderate commute times compared to larger metro areas. Public transportation is available and can support daily commuting, though many residents rely on personal vehicles.
Lansing offers a balanced lifestyle: affordable housing, growing local businesses, parks, cultural institutions, and proximity to Michigan State University. The city’s lower cost of living and accessible housing market make it a solid fit for a wide range of residents.
Browse things to do, places to see, and landmarks to explore in Lansing and nearby areas.
Jerry helps his clients consider the financial goals and implications of investment ownership. Being able to show clients how real estate can build their wealth is among his greatest joys, and it is a thrill giving them keys at the end of the day.
