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

  • -1.4% 1-year change
  • 0.9% 1-year forecast

The median home value in Lansing Township is $65,600. Lansing Township home values have declined -1.4% over the past year and Zillow predicts they will rise 0.9% within the next year. The median list price per square foot in Lansing Township is $51, which is lower than the Lansing Metro average of $89. The median price of homes currently listed in Lansing Township is $59,900 while the median price of homes that sold is $69,325. 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 3.7%, which is lower than the national value of 6.3%. 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 43.9%, which is higher than Lansing Metro at 27.2%.

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Relative ZHVI
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Lansing Township Market Overview

Data through Feb 28, 2015
  • $65,600 ZHVI
  • 0.9% 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
    (Feb 29, 2016)
  • $59,900 Median listing price
  • $69,325 Median sale price (Jan 31, 2015)
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Lansing Township Market Health

Data through Feb 28, 2015
  • No recent data
  • No data Average days on Zillow
  • 43.9% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 3.7% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Meridian Township $174,300
Dewitt Township $155,600
East Lansing $155,500
Name Median ZHVI
Delhi Township $155,100
Delta Township $146,600
Dimondale $129,000
Name Median ZHVI
Waverly $126,900
Holt $110,000
Edgemont Park $97,300

Listings & Sales

Data through Feb 28, 2015
  • $51 Median list price / sq ft
  • $63 Median sale price / sq ft (Dec 31, 2014)
  • 15.3% Listings with price cut
36.2%
Sold below listing
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Lansing Township Rentals

Data through Feb 28, 2015
  • Zillow Rent Index

  • $828 Lansing Township
    $1,002 Lansing Metro
    $1,355 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
  • $0.80 Rent list price / sq ft
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