Lansing, MI metro area Housing Market Brief
metro · MI · score computed October 2026
What is Lansing, MI metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Population band 5 of 5 (population 278,335–19,798,537) · comparable within its band
Where is Lansing, MI metro area in its market cycle?
Lansing, MI metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Lansing, MI metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
Lansing, MI metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $262K | ▲ +11.6% | Redfin |
| Median Days on Market | 36 days | ▲ +2.9% | Redfin |
| Months of Supply | 2.9 | ▲ +20.8% | Redfin |
| Homes for Sale | 1,511 | ▲ +8.8% | Redfin |
| Homes Sold | 525 | ▼ -7.7% | Redfin |
| Median Price / Sq Ft | $145 | ▲ +0.2% | Redfin |
How has Lansing, MI metro area’s Alpha Score moved?
Markets like Lansing, MI metro area
- Jackson, MI metro area, MImetro50
- Florence, AL metro area, ALmetro46
- South Bend, IN metro area, INmetro54
- Bloomington, IL metro area, ILmetro52
- Springfield, OH metro area, OHmetro56
- Canton, OH metro area, OHmetro53
- Farmington, NM metro area, NMmetro37
- Shreveport, LA metro area, LAmetro49
- Mansfield, OH metro area, OHmetro47
- Tupelo, MS metro area, MSmetro48
Frequently asked questions
Is Lansing, MI metro area a buyer's or seller's market?
In the scores computed October 2026, Lansing, MI metro area is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Lansing, MI metro area?
The median sale price in Lansing, MI metro area is $262K, having risen 11.6% over the past year, according to Redfin.
How affordable is Lansing, MI metro area?
Lansing, MI metro area scores 61 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Lansing, MI metro area's Alpha Score?
Lansing, MI metro area's strongest dimension is Price Momentum (79/100) and its weakest is Inventory Health (15/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Lansing, MI metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.