Market Intelligence Report — MI-620

Lansing-East Lansing, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-09
As of the latest 2026 data
Stabilizing

Median Listing

$249K
-8.5% YoY

Pending Ratio

0.51
-19.9% YoY

Active Inventory

1,032
+21.9% YoY

Median DOM

46 Days
+19.7% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's stabilizing Lansing-East Lansing market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Lansing-East Lansing, MI.

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The Lansing-East Lansing market is currently stabilizing, characterized by a pending ratio of 0.51 and a median listing price of $249,000, which has decreased by 8.5% year-over-year. Active listings have expanded significantly, contributing to a more balanced environment.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.9%-0.2 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

479,722+0.6% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Lansing-East Lansing market right now.

Active listings have increased by 21.9% year-over-year, alongside a 13.5% contraction in new listings. The pending ratio stands at 0.51, representing a substantial year-over-year decline of 19.9%. Concurrently, the median listing price has softened by 8.5% year-over-year, while median days on market extended by 19.7%.

Historical Analysis

Market Trends

Median Price

$249K+1.1% MoM

Active Inventory

1,032+21.9% YoY

Days on Market

46+19.7% YoY

Sold Score™

68-19.9% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

68
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The expansion in inventory and extended days on market indicate a moderation in the pace of transactions. While there is less intense pressure from buyers, pricing remains disciplined amidst the increased supply. Negotiations are reflecting a more even distribution of leverage between transacting parties.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,032 active listings represent the current floor, with new supply arriving at roughly 462 per month.

Pricing Pressure
21.2%

of active listings carry a price reduction, +1.7% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -1.5% year-over-year.

Absorption
0.51

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Lansing-East Lansing, MI? Homes here are taking 8 days longer to sell than last year.

Lansing-East Lansing, MI is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
51%
Median Days on Market
46 days
Inventory YoY
+22%

Lansing-East Lansing, MI is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Lansing-East Lansing, MI
CBSA Code
29620
State
MI

ZIPs in Lansing-East Lansing, MI

Sorted by active inventory · click a ZIP for its full report