Zip 48911 (Lansing, MI) Housing

Housing in 48911 Lansing, MI is significantly more affordable than the US median value. The median value for a house in 48911 is $141,400 compared to the US median value of $338,100. While the US has seen an 8.27% appreciation rate in housing over the last year, 48911 has only had 3.86%. Despite this slower appreciation rate, living in 48911 still offers significant savings when compared to other parts of the country.

The median home cost in Lansing (zip 48911) is $141,400. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Lansing (zip 48911) is up 10.4%.

Average Age of Homes

- The median age of Lansing (zip 48911) real estate is 45 years old

The Rental Market in Lansing (zip 48911)

- Renters make up 41.7% of the Lansing (zip 48911) population
- 3.7% of houses and apartments in Lansing (zip 48911), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lansing, Michigan	United States
	17,906.0	139,647,020.0
	49	42
	$141,400	$338,100
	10.4%	16.6%
	54.0%	57.0%
	96.0%	101.1%
	$23.92	$10.98
	$2,507	$2,690
	50.2%	57.4%
	8.4%	11.2%
	41.4%	31.4%
Vacant Housing
	3.7%	1.9%
	0.4%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	3.3%	4.1%
Value of Owner-Occupied Housing
	6.0%	2.6%
	3.1%	2.4%
	4.9%	2.8%
	14.5%	3.9%
	18.5%	4.5%
	25.4%	11.3%
	12.8%	13.0%
	8.2%	20.1%
	1.7%	13.6%
	2.3%	8.3%
	2.0%	9.7%
	0.2%	3.9%
	0.3%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.3%	13.6%
	8.3%	13.6%
	9.1%	13.6%
	11.8%	13.2%
	25.4%	14.8%
	9.1%	13.6%
	11.1%	10.0%
	4.5%	4.7%
	6.6%	12.2%

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