Zip 48933 (Lansing, MI) Housing

The median value of housing in Lansing, MI (48933) is $132,000. This is significantly lower than the US median value of $338,100 and lower than the US 1 year house appreciation of 8.27%. However, the house appreciation in Lansing, MI over the past year has been 3.86%, which may indicate that housing values are beginning to improve in this area. The relatively low median value combined with positive growth makes Lansing a good option for potential home buyers looking to get more for their money.

The median home cost in Lansing (zip 48933) is $132,000. Home appreciation the last 10 years has been 96.0%. Home Appreciation in Lansing (zip 48933) is up 10.4%.

Average Age of Homes

- The median age of Lansing (zip 48933) real estate is 61 years old

The Rental Market in Lansing (zip 48933)

- Renters make up 74.8% of the Lansing (zip 48933) population
- 6.2% of houses and apartments in Lansing (zip 48933), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lansing, Michigan	United States
	1,860.0	139,647,020.0
	69	42
	$132,000	$338,100
	10.4%	16.6%
	54.0%	57.0%
	96.0%	101.1%
	$23.29	$10.98
	$2,671	$2,690
	6.4%	57.4%
	14.9%	11.2%
	78.7%	31.4%
Vacant Housing
	6.2%	1.9%
	0.0%	0.4%
	0.8%	0.7%
	0.0%	0.4%
	0.3%	3.6%
	7.5%	4.1%
Value of Owner-Occupied Housing
	5.0%	2.6%
	0.0%	2.4%
	16.8%	2.8%
	4.2%	3.9%
	4.2%	4.5%
	37.8%	11.3%
	13.4%	13.0%
	18.5%	20.1%
	0.0%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.2%	13.6%
	1.2%	13.6%
	1.6%	13.6%
	6.8%	13.2%
	10.4%	14.8%
	1.6%	13.6%
	15.9%	10.0%
	4.4%	4.7%
	43.0%	12.2%

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