Is Lansing, MI 48933 a buyer’s or seller’s market?

The Lansing housing market right now

In the three months ending August 31, 2026, 40% of homes in Lansing, MI 48933 sold above their list price, the typical home went under contract in 85 days and there were 10.9 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 5 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (58 days then) and the median sale price rose 65% to $134,442. Overall, Lansing is less competitive than a year ago, which gives buyers more room.

Within Ingham County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 53%.

Nearby, buyers who want less competition could look at Okemos 48864 (26% sold over asking) or Leslie 49251 (27% sold over asking), while Onondaga 49264 (63% sold over asking) and Holt 48842 (61% sold over asking) are even more competitive.