Lansing housing market: home prices, trends and forecast
Lansing home prices: the Zillow Home Value Index put a typical home in Lansing, Michigan at $166,379 in September 2026. That is +2.1% on a year earlier and the highest month on record.
- Value of the typical home
- $166,379September 2026, Zillow ZHVI
- Change over 12 months
- Since September 2025, +2.1%.
Lansing home prices since 2000
Lansing is shown by the steel line, and the United States by the grey line. The typical Lansing home went from $82,779 in January 2003 to $166,379, which is ×2.01. Over the same months, the US recorded ×2.44. The boom high was $96,550 in June 2006, and the low came in February 2012 at $58,835, −39.1%.
Lansing median home price by year
Each yearly figure averages the twelve monthly values, and 2026 covers the latest month.
| Year | Lansing | Change on the year | United States |
|---|---|---|---|
| 2003 | $84,432 | $155,308 | |
| 2004 | $89,810 | +6.4% | $169,891 |
| 2005 | $94,616 | +5.4% | $189,732 |
| 2006 | $96,257 | +1.7% | $206,531 |
| 2007 | $91,977 | −4.4% | $208,449 |
| 2008 | $84,308 | −8.3% | $195,574 |
| 2009 | $76,281 | −9.5% | $177,542 |
| 2010 | $70,316 | −7.8% | $171,462 |
| 2011 | $61,908 | −12.0% | $162,508 |
| 2012 | $60,083 | −2.9% | $161,137 |
| 2013 | $64,754 | +7.8% | $171,420 |
| 2014 | $70,924 | +9.5% | $182,996 |
| 2015 | $73,847 | +4.1% | $192,738 |
| 2016 | $77,978 | +5.6% | $204,509 |
| 2017 | $84,345 | +8.2% | $216,767 |
| 2018 | $94,901 | +12.5% | $230,541 |
| 2019 | $101,779 | +7.2% | $242,088 |
| 2020 | $110,635 | +8.7% | $257,151 |
| 2021 | $128,533 | +16.2% | $295,959 |
| 2022 | $137,564 | +7.0% | $340,014 |
| 2023 | $143,610 | +4.4% | $348,160 |
| 2024 | $153,976 | +7.2% | $359,751 |
| 2025 | $162,278 | +5.4% | $362,959 |
| September 2026 | $166,379 | +2.1% | $366,157 |
A Lansing home bought in any year: what it is worth now
Estimate based on an index for a typical home; it is not an appraisal.
Each year's figure averages its twelve monthly index values, and the current value is September 2026. Other choices include the home appreciation calculator.
Are you thinking of selling? Use Realtor.com to compare local agents. Advertising disclosure: links like this one may pay the site, but that payment never changes a number. Disclosure.
Lansing housing market forecast
Zillow's metro forecast for Lansing, MI covers 12 months from September 2026 and expects +3.1%; over the next three months, it expects +1.1%. With Lansing's typical value at $166,379, applying that forecast would leave the figure near $171,500 after a year.
The number shown here comes from Zillow's central metro estimate; the site does not release forecasts of its own. Forecasts like this 12-month projection have usually differed from the realised change by several percentage points, either above or below it. Do not treat this as investment advice.
Every metro forecast appears together in one table: housing market forecast.
Lansing housing market crash risk score
Low, 19 of 100
Lansing's score compares it with the 292 cities based on five conditions that were high before earlier price declines. Every input is scored from 0 to 100 by comparison with the other cities, and the five scores are averaged with equal weight. It shows conditions as they are now; it does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −27.9% | 13 | 20% |
| Days on the market vs 2019 | 0% | 41 | 20% |
| Price-to-rent ratio | 11.6 | 6 | 20% |
| Price-to-income ratio | 3.0 | 6 | 20% |
| 12-month price change | +2.1% | 31 | 20% |
Nothing here is investment advice. How each input is scored: methodology. Every one of the 292 cities ranked: crash risk by city.
Lansing inventory and days on market
For September 2026 the Lansing, MI metro listed 1,032 homes for sale, +21.9% from a year earlier and −27.9% compared with September 2019. The median time to sell was 46 days (0% against 2019), while 21.2% of listings received a price cut.
| Lansing, MI metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,032 | +21.9% |
| New listings | 462 | |
| Median days on market | 46 | +19.7% |
| Median list price | $249,000 | −8.5% |
| Share with a price cut | 21.2% |
Metro inventory source: Realtor.com® Economic Research. Realtor.com data. For every metro, see days on market by city.
Living costs and rent in Lansing
For Lansing, the Zillow Observed Rent Index places the typical asking rent at $1,197 each month, +5.9% over a year. Paying that rent for 11.6 years would equal the cost of a typical home. At $55,366, the median household income from Census ACS 2024 makes the typical home cost 3.0 times one year's earnings. For the metro, BEA gives prices an index of 95.0, compared with a US average of 100. Its housing-cost index is 83.5.
More housing markets in Michigan
- Detroit market $74,742.
- Grand Rapids $303,937
- Ann Arbor market $517,346.
- Kalamazoo market $238,251.
- Traverse City $444,107
For the whole state, see Michigan housing market.
How to read this chart
Each point represents the Zillow Home Value Index for Lansing: a typical home in the market's middle third, valued in that month's dollars, with smoothing and seasonal adjustment. On the slider, the hollow dot shows the month you have selected, and the terracotta dot shows the latest month. Inflation has not been removed from the figures. The index tracks a typical home, not one specific house. Use the card above or the home appreciation calculator to estimate a single home from its sale price.