Housing in Lansing, Michigan
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| Median Home Age | 51.8 | 35.1 |
| Median Home Cost | $68,000 | $153,800 |
| Home Appreciation | -0.78% | 1.62% |
| Homes Owned | 48.02% | 57.69% |
| Housing Vacant | 10.58% | 11.38% |
| Homes Rented | 41.40% | 30.93% |
| Property Tax Rate | $17.36 | $11.20 |
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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| Less Than $20,000 | 2.40% | 2.72% |
| $20,000 to $39,999 | 9.89% | 4.03% |
| $40,000 to $59,999 | 24.49% | 5.58% |
| $60,000 to $79,999 | 28.46% | 7.09% |
| $80,000 to $99,999 | 17.87% | 8.80% |
| $100,000 to $149,999 | 13.64% | 21.26% |
| $150,000 to $199,999 | 2.06% | 14.87% |
| $200,000 to $299,999 | 0.84% | 16.82% |
| $300,000 to $399,999 | 0.07% | 7.83% |
| $400,000 to $499,999 | 0.07% | 4.04% |
| $500,000 to $749,999 | 0.10% | 4.05% |
| $750,000 to $999,999 | 0.10% | 1.26% |
| $1,000,000 or more | 0.00% | 1.64% |
HOUSING UNITS BY YEAR STRUCTURE BUILT
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| 1999 to 2005 | 4.87% | 13.71% |
| 1995 to 1998 | 3.47% | 14.31% |
| 1990 to 1994 | 3.47% | 14.31% |
| 1980 to 1989 | 7.52% | 13.87% |
| 1970 to 1979 | 15.65% | 16.17% |
| 1960 to 1969 | 15.25% | 11.70% |
| 1950 to 1959 | 18.23% | 11.08% |
| 1940 to 1949 | 10.67% | 6.02% |
| 1939 or Earlier | 24.35% | 13.15% |
The median home value in Lansing, MI, is $68,000. Home appreciation is -0.78% over the last year. The median age of Lansing, MI, real estate is 52 years.
Lansing, MI Apartments and Rentals
Renters make up 41.40% of the Lansing, MI, population. 10.58% of houses and apartments in Lansing, MI, are unoccupied (vacancy rate).
Lansing Housing SperlingViews
Good Housing Market: As a life long resident who has invested in single family and multi unit housing, I feel the greater Lansing market is still a good place to buy a house. Prices are... (read more)Great place to buy: As a life long resident who has invested in single family and multi unit housing, I feel the greater Lansing market is still a good place to buy a house. Prices are... (read more)cheap: not that nice but not that bad. Real cheap to live and have lots of... (read more)Have an opinion about Lansing? Leave a commentTo See All SperlingViews for Lansing Click Here
