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Basset Park Downtown Genesee Hull Court Park Knollwood-Willow (Knollwood Willow) North Lansing (North) Northwest (North West) Old Forest Old Oakland Renaissance Westside

LANSING, MI 48915

Real Estate Market Report  ·  Ingham County
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 48915

Basset Park · Downtown · Genesee · Hull Court Park · Knollwood-Willow (Knollwood Willow) · North Lansing (North) · Northwest (North West) · Old Forest · Old Oakland · Renaissance · Westside

Market Analysis

Data as of September 2026. Source: Realtor.com.

The LANSING, MI real estate market (48915) currently shows 80 active listings, with 23 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice.

Homes are selling faster, averaging 49 days on market compared to 57 days last year.

The median listing price has risen 1.8% year-over-year, from $137,475 to $140,000.

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Market Context

Market Context

Population: 10,022  ·  Density: 2,147.9/mi²  ·  Median household income: $54,583

Typical home value: $101,774  ·  Homeownership: 60.9%

Market Overview

Active Listings
80
⇧ 50.9% vs 53 last year
Pending
23
29% pending ratio
Median Price
$140,000
⇧ 1.8% vs $137,475 last year
Average Price
$152,853
⇧ 7.4% vs $142,330 last year
Days on Market
49
⇩ 14% vs 57 days last year

Price Per Square Foot

Median $/sqft
$123
⇧ 7.9% vs $114/sqft last year
Median Home Size
1,222 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 53 last year
  • Days on market: 49 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $140,000 (+1.8% YoY)
  • Average: $152,853 (+7.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.5 miles — 487 listings ($139,031,959 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48915Lansing, MI 489150.0 mi59$7,139,885$114,975$121,015
48912Lansing, MI 489122.4 mi63$7,869,834$96,250$124,918
48917Lansing, MI 489173.6 mi54$15,614,640$274,950$289,160
48911Lansing, MI 489114.5 mi71$16,634,235$187,475$234,285
48842Holt, MI 488427.4 mi35$9,566,235$268,725$273,321
48808Bath, MI 488088.6 mi14$6,960,170$428,975$497,155
48820Dewitt, MI 488208.6 mi26$10,396,880$339,750$399,880
48840Haslett, MI 4884010.3 mi30$16,685,670$437,400$556,189
48822Eagle, MI 4882211.7 mi7$4,334,575$553,666$619,225
48848Laingsburg, MI 4884814.9 mi16$8,591,856$418,675$536,991
48827Eaton Rapids, MI 4882716.5 mi27$7,862,643$244,425$291,209
48813Charlotte, MI 4881317.8 mi38$10,580,074$258,675$278,423
48879Saint Johns, MI 4887918.5 mi47$16,795,262$367,400$357,346

Frequently Asked Questions

How many homes are for sale in LANSING, MI 48915?

As of September 2026, there are 80 active listings in LANSING, MI (zip code 48915), compared to 53 the prior year.

What is the median home price in LANSING, MI 48915?

The median listing price in LANSING, MI 48915 is $140,000 as of September 2026, a 1.8% increase from $137,475 the prior year.

How long do homes stay on the market in LANSING, MI?

Homes in LANSING, MI 48915 spend an average of 49 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in LANSING, MI 48915?

Based on current inventory and days-on-market data as of September 2026, LANSING, MI 48915 is currently a Balanced Market. Inventory has increased compared to last year, with 27 more homes available — giving buyers more choice. Homes are selling faster, averaging 49 days on market compared to 57 days last year.

How much can I save on real estate commission in LANSING, MI?

With SELL123.com's maximum 3% commission, sellers in LANSING, MI 48915 save an estimated $2,800 compared to a typical 5% commission on the median listing price of $140,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.