Is Lansing, NY 14882 a buyer’s or seller’s market?
Lansing is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Lansing housing market right now
In the three months ending August 31, 2026, 30% of homes in Lansing, NY 14882 sold above their list price, the typical home went under contract in 66 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 88%, homes sold more slowly (54 days then) and the median sale price fell 27% to $371,339. Overall, Lansing is less competitive than a year ago, which gives buyers more room.
Within Tompkins County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 62%.
Nearby, buyers who want less competition could look at Trumansburg 14886 (17% sold over asking) or Groton 13073 (25% sold over asking), while Slaterville Springs 14881 (67% sold over asking) and Dryden 13053 (55% sold over asking) are even more competitive.
Run the numbers for 14882
Nearby markets
Brooktondale 14817Buyer’s market $141 /sq ftDryden 13053Seller’s market $202 /sq ftFreeville 13068Seller’s market $189 /sq ftGroton 13073Seller’s market $137 /sq ft Browse all markets →Towns like Lansing nearby
Find towns like Lansing in other states →Where Lansing is
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Questions about Lansing real estate
Is Lansing a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Lansing, NY 14882 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Lansing?
The typical home went under contract in 66 days in the latest three months.
Do homes in Lansing sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Lansing?
About 2.24% of a home’s value a year in Tompkins County, or roughly $8,960 on a $400,000 home.
What is the median home price in Lansing?
The median sale price was $371,339 in the three months ending August 31, 2026, about $214 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology