East Lansing, MI 48823 Real Estate & Property Data

East Lansing, MI 48823 Real Estate Market Trends
Last Updated: April 25, 2024

A total of 587 residential properties have been sold over the past 12 months in 48823. With a median sales price of $353,750 in 48823. Discover market trends and get the granular level real estate data for East Lansing, MI 48823 to keep your pulse on the housing market. Curate compelling home reports for East Lansing, MI 48823 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

East Lansing, MI 48823 Real Estate Market Trends
Total Residential Properties 11,549
Total Commercial Properties 848
Avg. Home Age (Single Family Home) 62 Years
Avg. Square Feet (Single Family Home) 1,874
Total 2024 Residential Sales (year-to-date) 89
% of Homes Seriously Underwater (Q2 2024) 1.61%
Total 2023 Residential Sales 536
% of Equity Rich Homes (Q2 2024) 35.04%
Effective 2023 Property Tax 1.65%
Total Foreclosure Filings (year-to-date) 2
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East Lansing, MI 48823 Real Estate Overview

There were 587 residential properties sold in the past year in East Lansing, MI 48823. The median home value in East Lansing, MI 48823 is $282,518. There are a total of 11,549 residential properties in the 48823.

Median Sales Price i
$353,750
(Feb 2024)
+34%
year-over-year
y-o-y
  • February '24 Feb '24 $353,750
  • January '24 Jan '24 $280,000
  • December '23 Dec '23 $269,900
  • November '23 Nov '23 $285,000
  • October '23 Oct '23 $280,000
  • September '23 Sep '23 $269,900
  • August '23 Aug '23 $307,500
  • July '23 Jul '23 $345,000
  • June '23 Jun '23 $288,500
  • May '23 May '23 $257,500
  • April '23 Apr '23 $368,750
  • March '23 Mar '23 $281,000
Median Down Payment i
$73,500
(Feb 2024)
+142.3%
year-over-year
y-o-y
  • February '24 Feb '24 $73,500
  • January '24 Jan '24 $15,450
  • December '23 Dec '23 $48,900
  • November '23 Nov '23 $47,145
  • October '23 Oct '23 $68,062
  • September '23 Sep '23 $23,150
  • August '23 Aug '23 $46,000
  • July '23 Jul '23 $64,800
  • June '23 Jun '23 $36,250
  • May '23 May '23 $34,300
  • April '23 Apr '23 $66,850
  • March '23 Mar '23 $22,000
Number of Homes Sold i
43
(Feb 2024)
+48.3%
year-over-year
y-o-y
  • February '24 Feb '24 43
  • January '24 Jan '24 46
  • December '23 Dec '23 36
  • November '23 Nov '23 33
  • October '23 Oct '23 42
  • September '23 Sep '23 44
  • August '23 Aug '23 55
  • July '23 Jul '23 56
  • June '23 Jun '23 69
  • May '23 May '23 52
  • April '23 Apr '23 38
  • March '23 Mar '23 44
Number of Purchase Loans i
27
(Feb 2024)
+42.1%
year-over-year
y-o-y
  • February '24 Feb '24 27
  • January '24 Jan '24 29
  • December '23 Dec '23 23
  • November '23 Nov '23 21
  • October '23 Oct '23 22
  • September '23 Sep '23 27
  • August '23 Aug '23 39
  • July '23 Jul '23 34
  • June '23 Jun '23 45
  • May '23 May '23 33
  • April '23 Apr '23 27
  • March '23 Mar '23 31
Number of REFI Loans i
7
(Feb 2024)
+16.7%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 13
  • December '23 Dec '23 14
  • November '23 Nov '23 14
  • October '23 Oct '23 14
  • September '23 Sep '23 16
  • August '23 Aug '23 16
  • July '23 Jul '23 13
  • June '23 Jun '23 13
  • May '23 May '23 17
  • April '23 Apr '23 10
  • March '23 Mar '23 9
Number of HELOC Loans i
4
(Feb 2024)
+300%
year-over-year
y-o-y
  • February '24 Feb '24 4
  • January '24 Jan '24 6
  • December '23 Dec '23 7
  • November '23 Nov '23 2
  • October '23 Oct '23 10
  • September '23 Sep '23 5
  • August '23 Aug '23 7
  • July '23 Jul '23 4
  • June '23 Jun '23 10
  • May '23 May '23 16
  • April '23 Apr '23 9
  • March '23 Mar '23 10

East Lansing, MI 48823 Foreclosure Activity

Total Foreclosure Filings i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 4
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 2
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 1
  • September '23 Sep '23 2
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 3
  • May '23 May '23 4
  • April '23 Apr '23 2
  • March '23 Mar '23 N/A
Completed Foreclosures (REOs) i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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