Lansing, MI 48924 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Lansing, MI — 48924
Median Listing Price
--
Population
--
Households
117,096
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
126K
units
Occupied
117,096
92.8%
Vacant
9,136
7.2%
2024 Tenure
117K
occupied
Owner
69,627
59.5%
Renter
47,469
40.5%
Renter Share
40.5%
+0.2% YoY
Total Housing Units
126,232
+0.3% YoY
FY2026 Fair Market Rent — Ingham County
HUD government estimate (40th percentile) — 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
Source: HUD Fair Market Rents
County Demographics
Median Age
33.3
2024
Population
Ingham County Population
290,427
+0.9% YoY
Households
Total Households
117,096
+0.5% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.27
0.0% YoY
Age
2024 Age Mix
284K
residents
Under 18
55,759
19.6%
Adults 18–64
185,944
65.5%
65 & Over
42,210
14.9%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
55,759
+0.2% YoY
Population 65 & Over
42,210
+2.7% YoY
Median Age
33.30
0.0% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
81.5%
Moved (within US)
17.9%
Other
0.6%
Veterans
4.7%
-4.1% YoY
County Economy
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
of workers
Drove alone
66.1%
Public transit
2.4%
Worked from home
17.3%
Other
14.2%
Worked From Home
17.3%
+13.8% YoY
Mean Commute
20.50
-1.0% YoY
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