Home Values

East Lansing Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$167,500

  • 3.7% 1-year change
  • 3.1% 1-year forecast

The median home value in East Lansing is $167,500. East Lansing home values have gone up 3.7% over the past year and Zillow predicts they will rise 3.1% within the next year. The median list price per square foot in East Lansing is None. The median rent price in East Lansing is $844, which is higher than the Lansing Metro median of $750.

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in East Lansing is 1.2%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of East Lansing homeowners underwater on their mortgage is 15.4%, which is lower than Lansing Metro at 24.6%.

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Relative ZHVI
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East Lansing Market Overview

Data through May 31, 2015
  • $167,500 ZHVI
  • 3.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $155,975 Median sale price (Apr 30, 2015)
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East Lansing Market Health

Data through May 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 15.4% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 1.2% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)
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Nearby Cities

Name Median ZHVI
Okemos $185,400
Meridian Township $174,300
Bath Township $170,100
Name Median ZHVI
Dewitt Township $155,600
Delhi Township $155,100
Haslett $149,700
Name Median ZHVI
Holt $110,000
Edgemont Park $97,300
Lansing Township $64,500

Listings & Sales

  • No data
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East Lansing Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,398 East Lansing
    $1,020 Lansing Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $844 Rent list price
  • No data Rent list price / sq ft
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