East Lansing Real Estate Market

East Lansing Market

The median sale price for homes in East Lansing over the last 12 months is $150,000.


The median mortgage debt is $73,641.

Additional Statistics for Single Family Homes and Condos in East Lansing, MI
$170,190
Median Listing Price
62
Median Days on Market
245
Active Listings
0.4%
Distressed Listings
(foreclosures and short sales)
East Lansing, MI Price Trends - Sold vs. Listed
The median list price in May for single family homes in East Lansing is $189,900. The list prices increased by 2.7% from the previous month.

The price per square foot for listings in this area is $103.

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East Lansing, MI Market Inventory Trends

The number of active listings in East Lansing increased by 9.3% from the previous month.

The median number of days active properties have been listed is 62. This is significantly shorter than the national average.

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East Lansing, MI Property Ownership

The percent of unoccupied properties is very low in East Lansing. It is -8.45% below the national average.

The percent of owner occupied properties in East Lansing is 28.59% below the national average.

The percent of rental properties in East Lansing is 39.84% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.