Lansing, MI 48912 Real Estate & Property Data

Lansing, MI 48912 Real Estate Market Trends
Last Updated: April 26, 2024

A total of 394 residential properties have been sold over the past 12 months in 48912. With a median sales price of $140,000 in 48912. Discover market trends and get the granular level real estate data for Lansing, MI 48912 to keep your pulse on the housing market. Curate compelling home reports for Lansing, MI 48912 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Lansing, MI 48912 Real Estate Market Trends
Total Residential Properties 6,050
Total Commercial Properties 750
Avg. Home Age (Single Family Home) 88 Years
Avg. Square Feet (Single Family Home) 1,223
Total 2024 Residential Sales (year-to-date) 52
% of Homes Seriously Underwater (Q2 2024) 2.02%
Total 2023 Residential Sales 373
% of Equity Rich Homes (Q2 2024) 26.47%
Effective 2023 Property Tax 2.04%
Total Foreclosure Filings (year-to-date) 3
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Lansing, MI 48912 Real Estate Overview

There were 394 residential properties sold in the past year in Lansing, MI 48912. The median home value in Lansing, MI 48912 is $114,688. There are a total of 6,050 residential properties in the 48912.

Median Sales Price i
$140,000
(Feb 2024)
+42.6%
year-over-year
y-o-y
  • February '24 Feb '24 $140,000
  • January '24 Jan '24 $130,000
  • December '23 Dec '23 $185,000
  • November '23 Nov '23 $105,000
  • October '23 Oct '23 $141,000
  • September '23 Sep '23 $128,600
  • August '23 Aug '23 $132,000
  • July '23 Jul '23 $146,500
  • June '23 Jun '23 $140,000
  • May '23 May '23 $111,250
  • April '23 Apr '23 $113,000
  • March '23 Mar '23 $121,000
Median Down Payment i
$14,125
(Feb 2024)
-40.7%
year-over-year
y-o-y
  • February '24 Feb '24 $14,125
  • January '24 Jan '24 $27,750
  • December '23 Dec '23 $33,000
  • November '23 Nov '23 $15,200
  • October '23 Oct '23 $14,250
  • September '23 Sep '23 $16,000
  • August '23 Aug '23 $29,200
  • July '23 Jul '23 $10,365
  • June '23 Jun '23 $13,250
  • May '23 May '23 $18,650
  • April '23 Apr '23 $9,000
  • March '23 Mar '23 $23,400
Number of Homes Sold i
31
(Feb 2024)
+82.4%
year-over-year
y-o-y
  • February '24 Feb '24 31
  • January '24 Jan '24 21
  • December '23 Dec '23 28
  • November '23 Nov '23 38
  • October '23 Oct '23 34
  • September '23 Sep '23 38
  • August '23 Aug '23 34
  • July '23 Jul '23 30
  • June '23 Jun '23 38
  • May '23 May '23 26
  • April '23 Apr '23 31
  • March '23 Mar '23 28
Number of Purchase Loans i
20
(Feb 2024)
+300%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 13
  • December '23 Dec '23 18
  • November '23 Nov '23 27
  • October '23 Oct '23 27
  • September '23 Sep '23 27
  • August '23 Aug '23 22
  • July '23 Jul '23 16
  • June '23 Jun '23 26
  • May '23 May '23 17
  • April '23 Apr '23 12
  • March '23 Mar '23 15
Number of REFI Loans i
9
(Feb 2024)
+80%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 2
  • December '23 Dec '23 10
  • November '23 Nov '23 5
  • October '23 Oct '23 5
  • September '23 Sep '23 9
  • August '23 Aug '23 6
  • July '23 Jul '23 5
  • June '23 Jun '23 4
  • May '23 May '23 7
  • April '23 Apr '23 31
  • March '23 Mar '23 3
Number of HELOC Loans i
3
(Feb 2024)
-25%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 4
  • December '23 Dec '23 4
  • November '23 Nov '23 2
  • October '23 Oct '23 3
  • September '23 Sep '23 N/A
  • August '23 Aug '23 4
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 2
  • April '23 Apr '23 4
  • March '23 Mar '23 2

Lansing, MI 48912 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 3
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 4
  • May '23 May '23 N/A
  • April '23 Apr '23 3
  • March '23 Mar '23 1
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 3
  • December '23 Dec '23 N/A
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 4
  • May '23 May '23 N/A
  • April '23 Apr '23 3
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 2
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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