The housing market in Lansing, IL is currently thriving! The median value of a house in Lansing is $175,800, which is significantly lower than the US median value of $338,100. Furthermore, the US 1 year house appreciation rate is 8.27%, but it's even higher in Lansing at 9.35%. This indicates that the housing market in Lansing is doing well and values are increasing. It's the perfect time to invest in a home in Lansing and take advantage of this booming market.
The median home cost in Lansing is $175,800. Home appreciation the last 10 years has been 66.0%. Home Appreciation in Lansing is up 13.7%.
Average Age of Homes
- The median age of Lansing real estate is 51 years old
The Rental Market in Lansing
- Renters make up 26.6% of the Lansing population
- 2.3% of houses and apartments in Lansing, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.