Lansing, MI Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Lansing, MI is showing healthy, moderate growth.
- •Steady price growth of 3.4% year-over-year — a balanced market.
- •Price-to-rent ratio: 14.9 — buying is likely more cost-effective than renting.
Median Home Value
$237,516
ZHVI
Year-over-Year
+3.4%
Price change
5-Year Change
+32.7%
Since 2021
Median Rent
$1,327/mo
ZORI
Active Listings
1,094
For sale
State Avg
$254,230
Michigan
Home Value Trends
5-year Zillow Home Value Index for Lansing, MI vs. state and national averages.
Rent Data
Median Rent
$1,327/mo
Rent YoY Change
+5.2%
Other Markets in Michigan
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.