Housing in Lansing, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$200,000
Median List Price
$180,000
Price Per Sq Ft
$152
Days on Market
88
Active Inventory
104
Months of Supply
5.8
Balanced market
Zillow Home Value
$191,736
ZHVI — January 2026
Zillow Rent Index
$1,579
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
22.2%
Off Market in 2 Weeks
18.5%
Sale-to-List Ratio
95.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
18
New Listings
25
Pending Sales
27
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$152
Median List $/SF
$137
Lansing vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Lansing is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$168,500
Median Rent
$1,271
Total Housing Units
12,081
Vacancy Rate
7.7%
Owner Occupied
69.8%
Renter Occupied
30.2%
Median Property Tax
$4,946
per year
Monthly Cost (w/ Mortgage)
$1,396
Housing Types
The current median sale price in Lansing, IL is $200,000 according to Redfin data. Homes spend a median of 88 days on the market. 22.2% of homes sold above asking price. The market has 5.8 months of supply. The median price per square foot is $152. Zillow's observed rent index is $1,579/month. About 69.8% of housing units are owner-occupied. The median year homes were built is 1966. There are 12,081 total housing units.