The Lansing-East Lansing market right now

Median sale price$246,000+11.8% on a year earlier
Typical home value (Zillow)$249,666+3.6% on a year earlier
Median days on market30+2 days on a year earlier
Sale price vs list price100.3%49% sold above list
Months of supply2.1under 3 favors sellers, over 6 favors buyers
Homes sold in the month541-7% on a year earlier
Listings with a price cut23%

Sales figures: Redfin Data Center, market tracker (Redfin, a national real estate brokerage), Lansing, MI metro area, May 2026, all residential property types. Typical value: Zillow Home Value Index (ZHVI), Zillow Research, August 2026, mid-tier homes, seasonally adjusted. These are area-wide figures, not a value for any one home.

With about 2.1 months of supply, this is a market that leans toward sellers by the usual rule of thumb, and homes sold at or above their list price on average.

Median sale price in the Lansing-East Lansing area, by month
$200K$220K$240K$260KMay 2024May 2025May 2026
Show the numbers
MonthMedian sale price
May 2026$246,000
Apr 2026$232,250
Mar 2026$229,900
Feb 2026$205,000
Jan 2026$200,000
Dec 2025$231,000
Nov 2025$222,000
Oct 2025$240,000
Sep 2025$234,500
Aug 2025$245,000
Jul 2025$237,950
Jun 2025$255,000
May 2025$220,000
Apr 2025$220,000
Mar 2025$200,000
Feb 2025$218,000
Jan 2025$211,000
Dec 2024$218,950
Nov 2024$222,000
Oct 2024$213,450
Sep 2024$210,000
Aug 2024$221,500
Jul 2024$218,000
Jun 2024$235,000
May 2024$230,000

Source: Redfin Data Center, Lansing, MI metro area. Monthly figures, not seasonally adjusted, so some ups and downs are just the time of year.

What the metro area covers

The Census Bureau counts about 479,971 people in the Lansing-East Lansing, MI metro area, across 3 counties. Property taxes, recording fees and some transfer taxes are set county by county, so check the county your home is in.

CountyPopulation (2024 estimate)
Ingham County, MI290,427
Eaton County, MI109,494
Clinton County, MI80,050

Towns with the most ZIP codes in the area: Lansing, East Lansing, Okemos, Bath, Dewitt, Eagle, Elsie, Eureka, Fowler, Maple Rapids, Ovid, Saint Johns.

Population and counties: U.S. Census Bureau, Vintage 2024 population estimates and 2023 metro delineations.

Michigan rules that affect sellers

Transfer tax

Michigan charges a state real estate transfer tax of $3.75 per $500 of value (0.75%) plus a county transfer tax of $0.55 per $500 (0.11%), for about 0.86% in total. By statute the tax is on the seller (grantor), and both are paid to the county register of deeds when the deed is recorded.

Local add-ons: County transfer tax of $0.55 per $500 (0.11%) in every county.

Source: Newaygo County Register of Deeds, Real Estate Transfer Tax

Seller disclosure

Yes. Michigan's Seller Disclosure Act (MCL 565.951 and following) requires sellers of homes with 1 to 4 units to give the buyer a completed Seller's Disclosure Statement before the buyer signs a binding purchase agreement. If it is delivered after signing, the buyer may cancel within 72 hours of hand delivery (120 hours if sent by registered mail). Court-ordered, foreclosure, family and some estate transfers are exempt. Summary from a Michigan Realtors guide, since the state legislature's site could not be loaded.

Source: Michigan Realtors, Seller's Disclosure and Agency Disclosure After 20 Years (secondary source)

Who handles the closing

Michigan closings are customarily handled by title companies. State law does not require an attorney at closing, though sellers may hire one.

Source: HomeLight, Some States Require a Real Estate Attorney at Closing (secondary source)

Also worth knowing

A seller of a principal residence can be exempt from the state transfer tax (MCL 207.526(u)) when the home's state equalized value (SEV) at sale is no higher than it was at purchase and the sale is at arm's length. If the tax was already paid, a refund can be claimed on Form 2796 within four years and 15 days of the sale.

Source: Dykema, The Sale of Your Residence May Be Exempt from the Michigan Real Estate Transfer Tax

Checking an agent's license

Real estate agents in Michigan are licensed by the Michigan Department of Licensing and Regulatory Affairs (LARA), Bureau of Professional Licensing. You can look up any agent before you work with them.

Michigan Department of Licensing and Regulatory Affairs (LARA), Bureau of Professional Licensing license lookup

Rules checked 2026-09-30. They change, and local practice varies: confirm with your title company, closing attorney or agent before relying on them. This is general information, not legal or tax advice.

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