Home Values

Lansing Township 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

$65,600

  • 0.6% 1-year change
  • -0.2% 1-year forecast

The median home value in Lansing Township is $65,600. Lansing Township home values have gone up 0.6% over the past year and Zillow predicts they will fall -0.2% within the next year. The median list price per square foot in Lansing Township is $53, which is lower than the Lansing Metro average of $92. The median price of homes currently listed in Lansing Township is $64,800 while the median price of homes that sold is $74,650. The median rent price in Lansing Township is $725, which is lower 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 Lansing Township is 3.6%, which is lower than the national value of 6.9%. 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 Lansing Township homeowners underwater on their mortgage is 41.2%, which is higher than Lansing Metro at 26.5%.

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Relative ZHVI
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Lansing Township Market Overview

Data through Oct 31, 2014
  • $65,600 ZHVI
  • -0.2% 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
    (Oct 31, 2015)
  • $64,800 Median listing price
  • $74,650 Median sale price
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Lansing Township Market Health

Data through Oct 31, 2014
  • 1.7/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 41.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 3.6% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI
Meridian Township $174,900
East Lansing $166,300
Delhi Township $163,400
Name Median ZHVI
Dewitt Township $160,500
Delta Township $154,900
Waverly $129,800
Name Median ZHVI
Dimondale $124,400
Holt $106,900
Edgemont Park $97,200

Listings & Sales

Data through Oct 31, 2014
  • $53 Median list price / sq ft
  • $57 Median sale price / sq ft
  • 48.5% Listings with price cut
36.4%
Sold below listing
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Lansing Township Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $794 Lansing Township
    $972 Lansing Metro
    $1,337 United States

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

  • 1.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $725 Rent list price
  • $0.76 Rent list price / sq ft
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