ZIP 48906 · Lansing, MI
48906 Lansing, MI Housing Market
Monthly housing intelligence for ZIP 48906, Lansing, MI. Latest data: May 2026.
Median listing price
$141,400
MoM +9.9% · YoY +4.7%
Active listings
51
YoY -1.9%
Median days on market
54
YoY +68.8%
New listings
36
YoY -30.8%
Pending listings
53
Pending ratio 1.04
Price reduced share
16.8%
YoY +11.9%
Median $ / sqft
$126
YoY -3.6%
Median sqft
1,316
Average listing price
$188,403
YoY -11.5%
Total listings
106
Nearby ZIPs
Recent history
| Month | Median price | Active | DOM | Pending ratio |
|---|---|---|---|---|
| May 2026 | $141,400 | 51 | 54 | 1.04 |
| April 2026 | $128,675 | 58 | 50 | 0.84 |