East Lansing Real Estate Market

East Lansing Market

The median sale price for homes in East Lansing over the last 12 months is $136,500.

The median mortgage debt is $72,081.

Additional Statistics for Single Family Homes and Condos in East Lansing, MI
Median Listing Price
Median Days on Market
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
East Lansing, MI Price Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

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East Lansing, MI Market Inventory Trends

The number of active listings in East Lansing increased by 0.7% from the previous month.

The median number of days active properties have been listed is 58. This is significantly shorter than the national average.

The number of sales in August dropped by 80.6% from the previous month.

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East Lansing, MI Property Ownership

The percent of unoccupied properties is very low in East Lansing . It is -10.54% below the national average.

The percent of owner occupied properties in East Lansing is 32.1% below the national average.

The percent of rental properties in East Lansing is 45.44% 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.