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East Lansing, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand outpaces supply. Hotness 71/100, supply score 58, homes go under contract 6.0% faster than the US median, at 78% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $52K, +2.3% YoY (ZIP); renters hold 57.8% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +2.0% YoY. inventory, −0.7% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

Computed from this page's data: median listing $326,175 (Realtor). The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

4 ZIPs in this city:48823 48824 48825 48826

Market Hotness

71 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−6.0%

homes sell faster here

78%

of national median · below avg

Median Listing Price

$326K

Population

63,426

21,300

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

The median listing price is up 2.0% YoY while the median home got down 12.3% bigger, so value per square foot is up 4.9%.

Pricing

Median Listing Price

$326K+2.0% YoY

Average Listing Price

$395K-1.9% YoY

Price per Sq Ft

$171+4.9% YoY

Median Sq Ft

1,733-12.3% YoY

Inventory

Active Listings

98+8.9% YoY

New Listings

32-11.1% YoY

Total Listings

137-0.7% YoY

Buyer Competition

Pending Listings

38-20.8% YoY

Pending Ratio

0.39-26.6% YoY

Median Days on Market

55+25.0% YoY

Price Reduced

24.0%+0.2% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 126,232

126Kunits

Occupied117,09692.8%

Vacant9,1367.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 117,096

117Koccupied

Owner69,62759.5%

Renter47,46940.5%

Renter Share

40.5%+0.2% YoY

Total Housing Units

126,232+0.3% YoY

FY2026 Fair Market Rent

CountyIngham County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$973

/month

1 BR

$1,012

/month

2 BR

$1,268

/month

3 BR

$1,627

/month

4 BR

$1,679

/month

FMR trends · Ingham County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 57.8% of this ZIP's 21,300 occupied households, on a median household income of $52K.

Population & Age

Total Population

63,426+1.4% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 63,426

63Kresidents

Under 186,82110.8%

Adults 18–6450,05678.9%

65 & Over6,54910.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

23.12-1.6% YoY

Population Under 18

6,821-1.1% YoY

Population 65 & Over

6,549+0.7% YoY

Households & Mobility

Total Households

21,300+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.240.0% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house62.3%

Moved (within US)36.4%

Other1.3%

Veterans

2.6%+3.9% YoY

Income & Poverty

Median Household Income

$52K+2.3% YoY

Per-Capita Income

$34K+2.1% YoY

Mean Household Income

$92K+1.4% YoY

Below Poverty Level

44.7%+0.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone52.9%

Public transit4.7%

Worked from home19.5%

Other22.8%

Worked From Home

19.5%+15.8% YoY

Mean Commute

17.65-3.7% YoY

Units & Tenure

Total Housing Units

23,887+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 23,887

24Kunits

Occupied21,30089.2%

Vacant2,58710.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 21,300

21Khouseholds

Owner8,98342.2%

Renter12,31757.8%

Avg Household Size — Owner

2.49+0.8% YoY

Avg Household Size — Renter

2.07+1.0% YoY

County Demographics

County population is up 0.7% to 283,913: residents under 18 are up 0.2% and those 65 and over are up 2.7%.

Median Age

33.32024

Population

Ingham County Population

290,427+0.9% YoY

Households

Total Households

117,096+0.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.270.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 283,913

284Kresidents

Under 1855,75919.6%

Adults 18–64185,94465.5%

65 & Over42,21014.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

55,759+0.2% YoY

Population 65 & Over

42,210+2.7% YoY

Median Age

33.300.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.5%

Moved (within US)17.9%

Other0.6%

Veterans

4.7%-4.1% YoY

County Economy

County median household income is $66K, 16.7% of residents are below the poverty level, 17.3% work from home.

Income

Median Household Income

$66K+1.8% YoY

Per-Capita Income

$38K+1.0% YoY

Mean Household Income

$89K+0.9% YoY

Poverty

Below Poverty Level

16.7%+1.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone66.1%

Public transit2.4%

Worked from home17.3%

Other14.2%

Worked From Home

17.3%+13.8% YoY

Mean Commute

20.50-1.0% YoY

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City

ZIP codes

East Lansing, Michigan

Realtor Sep 2026 · ACS 2024

Market Read

Sale-side figures are in. Rents for this city are still loading.

Demand outpaces supply. Hotness 71/100, supply score 58, homes go under contract 6.0% faster than the US median, at 78% of US prices. See the sale evidence ↓
Tenant economics are strong. Median household income $52K, +2.3% YoY (ZIP); renters hold 57.8% of ZIP households. See the people evidence ↓

What would change this read: the median listing price is +2.0% YoY. inventory, −0.7% YoY, is the number to watch.

Gross Rental Yield

–

Rents still loading

Rent-to-Price

–

Rents still loading

Gross Rent Multiplier

–

Rents still loading

Asking vs Voucher

–

Rents still loading

4 ZIPs in this city:48823 48824 48825 48826

Market Hotness

71 / 100Realtor.com competitiveness composite

national · lower = hotter

0–100 · supply + demand

higher = tighter supply

higher = stronger demand

−6.0%

homes sell faster here

78%

of national median · below avg

Median Listing Price

$326K

Population

63,426

21,300

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

The median listing price is up 2.0% YoY while the median home got down 12.3% bigger, so value per square foot is up 4.9%.

Pricing

Median Listing Price

$326K+2.0% YoY

Average Listing Price

$395K-1.9% YoY

Price per Sq Ft

$171+4.9% YoY

Median Sq Ft

1,733-12.3% YoY

Inventory

Active Listings

98+8.9% YoY

New Listings

32-11.1% YoY

Total Listings

137-0.7% YoY

Buyer Competition

Pending Listings

38-20.8% YoY

Pending Ratio

0.39-26.6% YoY

Median Days on Market

55+25.0% YoY

Price Reduced

24.0%+0.2% YoY

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 126,232

126Kunits

Occupied117,09692.8%

Vacant9,1367.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 117,096

117Koccupied

Owner69,62759.5%

Renter47,46940.5%

Renter Share

40.5%+0.2% YoY

Total Housing Units

126,232+0.3% YoY

FY2026 Fair Market Rent

CountyIngham County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$973

/month

1 BR

$1,012

/month

2 BR

$1,268

/month

3 BR

$1,627

/month

4 BR

$1,679

/month

FMR trends · Ingham County

HUD Fair Market Rents · FY1983–FY2026

ZIP Profile

U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.

Renters hold 57.8% of this ZIP's 21,300 occupied households, on a median household income of $52K.

Population & Age

Total Population

63,426+1.4% YoY

2024 Age Mix ⓘ

U.S. Census ACS · n = 63,426

63Kresidents

Under 186,82110.8%

Adults 18–6450,05678.9%

65 & Over6,54910.3%

Age Composition Over Time

U.S. Census ACS · 2019–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Median Age

23.12-1.6% YoY

Population Under 18

6,821-1.1% YoY

Population 65 & Over

6,549+0.7% YoY

Households & Mobility

Total Households

21,300+0.9% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.240.0% YoY

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house62.3%

Moved (within US)36.4%

Other1.3%

Veterans

2.6%+3.9% YoY

Income & Poverty

Median Household Income

$52K+2.3% YoY

Per-Capita Income

$34K+2.1% YoY

Mean Household Income

$92K+1.4% YoY

Below Poverty Level

44.7%+0.8% YoY

Commuting

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone52.9%

Public transit4.7%

Worked from home19.5%

Other22.8%

Worked From Home

19.5%+15.8% YoY

Mean Commute

17.65-3.7% YoY

Units & Tenure

Total Housing Units

23,887+0.5% YoY

2024 Occupancy ⓘ

U.S. Census ACS · n = 23,887

24Kunits

Occupied21,30089.2%

Vacant2,58710.8%

2024 Tenure ⓘ

U.S. Census ACS · n = 21,300

21Khouseholds

Owner8,98342.2%

Renter12,31757.8%

Avg Household Size — Owner

2.49+0.8% YoY

Avg Household Size — Renter

2.07+1.0% YoY

County Demographics

County population is up 0.7% to 283,913: residents under 18 are up 0.2% and those 65 and over are up 2.7%.

Median Age

33.32024

Population

Ingham County Population

290,427+0.9% YoY

Households

Total Households

117,096+0.5% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.270.0% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 283,913

284Kresidents

Under 1855,75919.6%

Adults 18–64185,94465.5%

65 & Over42,21014.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

55,759+0.2% YoY

Population 65 & Over

42,210+2.7% YoY

Median Age

33.300.0% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house81.5%

Moved (within US)17.9%

Other0.6%

Veterans

4.7%-4.1% YoY

County Economy

County median household income is $66K, 16.7% of residents are below the poverty level, 17.3% work from home.

Income

Median Household Income

$66K+1.8% YoY

Per-Capita Income

$38K+1.0% YoY

Mean Household Income

$89K+0.9% YoY

Poverty

Below Poverty Level

16.7%+1.8% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone66.1%

Public transit2.4%

Worked from home17.3%

Other14.2%

Worked From Home

17.3%+13.8% YoY

Mean Commute

20.50-1.0% YoY

Done with East Lansing? Put it next to another market.