The housing market in Lansing, MI (48915) is much lower in median value than the overall United States median value, with a median value of $101,600 compared to $338,100 nationally. Despite this however, the area still saw a slight appreciation of 3.86% over the past year - though this is significantly lower than the national average of 8.27%. As a result, homeowners in Lansing can expect to get more bang for their buck when it comes to housing prices than they would elsewhere in the country.
The median home cost in Lansing (zip 48915) is $101,600. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Lansing (zip 48915) is up 10.4%.
Average Age of Homes
- The median age of Lansing (zip 48915) real estate is 76 years old
The Rental Market in Lansing (zip 48915)
- Renters make up 34.1% of the Lansing (zip 48915) population
- 2.4% of houses and apartments in Lansing (zip 48915), 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.