Lansing Market Trends for February 2020

By
Real Estate Sales Representative with RE/MAX Suburban

Lansing home sales for the month of February rose in volume by 18.2% when compared to last year, while the median sale price decreased by 9.8% from $145,000 to $130,750. The number of Single Family homes sales rose by 20%, while the median sale price decreased by 10.1% from $150,950 to $135,750. Condo/townhome sales stayed the same, while the median sale price rose by 0.4% from $58,250 to $58,500.

» View homes for sale in Lansing   » View all recent sales in Lansing

Median Sale Prices for Lansing

121k
149k
115k
145k
118k
134k
130k
132k
136k
137k
135k
117k
129k
125k
110k
130k
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Number of Sales for Lansing

44
29
29
22
29
34
43
36
45
45
41
46
34
42
19
26
11/18 12/18 1/19 2/19 3/19 4/19 5/19 6/19 7/19 8/19 9/19 10/19 11/19 12/19 1/20 2/20

Real Estate Sales for February in Lansing

  February Year to Date (Jan 1 - March 3)
  2019 2020 Change 2019 2020 Change
Homes Sold 22 26 +18.2% 53 46 -13.2%
(Single Family) 20 24 +20% 46 42 -8.7%
(Condos/Townhomes) 2 2 0% 7 4 -42.9%
Median Sale Price $145,000 $130,750 -9.8% $129,000 $129,500 +0.4%
(Single Family) $150,950 $135,750 -10.1% $135,000 $134,500 -0.4%
(Condos/Townhomes) $58,250 $58,500 +0.4% $47,900 $58,500 +22.1%
Days on Market 46 29 -37% 46 33 -28.3%
(Single Family) 46 23 -50% 46 33 -28.3%
(Condos/Townhomes) 31 63 +106.6% 38 29 -23.7%

HomesByMarco sold over 300 homes last year

Thinking of selling your home in Lansing? We are experts in the area. We'll sell your home quickly and for the highest price. Call Us Today!  888-32-MARCO

Do you have any questions about Lansing?


Marco Amidei in an IL licensed real estate broker with RE/MAX Suburban. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2020 Midwest Real Estate Data LLC. All rights reserved.

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