Housing in East Lansing, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$299,900
Median List Price
$320,000
Price Per Sq Ft
$158
Days on Market
96
Active Inventory
37
Months of Supply
1.8
Seller's market
Zillow Home Value
$298,635
ZHVI — January 2026
Zillow Rent Index
$1,371
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
4.8%
Off Market in 2 Weeks
35.0%
Sale-to-List Ratio
96.1%
Buyer's market
Market Activity
Source: RedfinHomes Sold
21
New Listings
20
Pending Sales
20
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$158
Median List $/SF
$155
East Lansing vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 50,000 - 100,000 residents. East 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
$251,600
Median Rent
$1,122
Total Housing Units
15,693
Vacancy Rate
11.3%
Owner Occupied
38.9%
Renter Occupied
61.1%
Median Property Tax
$5,540
per year
Monthly Cost (w/ Mortgage)
$1,421
Housing Types
The current median sale price in East Lansing, MI is $299,900 according to Redfin data. Homes spend a median of 96 days on the market. 4.8% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $158. Zillow's observed rent index is $1,371/month. About 38.9% of housing units are owner-occupied. The median year homes were built is 1975. There are 15,693 total housing units.