Photo: Dennisyerger84 · CC BY-SA 3.0332 homes sold in Lansing in the last year, at a typical $205K
About one sale in 7 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lansing homes are listed.
Every place Lansing homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Lansing.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
14% of Lansing’s sales are condos, at $109K less than a house
272 houses and 48 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 272 sold in 12 months
- Per square foot
- $154IL $180
- Days to sell
- 78
- Sold over asking
- 38%
- Listings with a price cut
- 28%
typical sale · 48 sold in 12 months
- Per square foot
- $114IL $251
- Days to sell
- 90
- Sold over asking
- 23%
- Listings with a price cut
- 20%
Multi-family (2–4 units): 9 sold, typical $335K
Townhouses: 3 sold, typical $225K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 2.2 times the 2016 price
332 sales in the last year, against 552 in 2021 and a low of 344 in 2024. The typical sale went from $91K in 2016 to $205K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $200K buys in Lansing
Check a listing against what Lansing homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Lansing are back to pre-pandemic levels, with about as many homes for sale
We read every month of Lansing’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 332 sales.
If you’re buying in Lansing
- Shop in March. It brings about 50 new listings a month, close to the busiest month, with fewer bidding wars (32% over asking).
- You can negotiate. 26% of listings have cut their price, against 21% before the pandemic.
- Bid near asking. Buyers paid 98.2% of the list price on average; 36% paid over.
- You’ll usually have time. Only 27% of homes go under contract within two weeks; the typical one takes 79 days.
Summer brings the homes; fall brings the bidding wars
July has the most new listings (about 58 a month), but November is the most competitive: 43% of November sales close over asking. March offers nearly as much choice with fewer homes bid up (32%). February has the least competition (30%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Illinois as a whole
| Lansing now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 36% | 32% | 57% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 27% | 28% | 59% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 26% | 21% | 17% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 98.2% | 97.2% | 101.2% | 99.2% |
| Days to sellMedian days from listing to contract | 79 | 68 | 11 | 49 |
144 homes for sale on a typical day
That’s 2.2 times the 2021 low (67), about the 2017–19 level and well under 2012’s 264.
1 in 4 listings has cut its price
26% in the last year, against 21% in 2017–19 and 19% across Illinois. More sellers are pricing high and coming down.
Since 2019, houses are up 63%, condos 114%
A house typically sold for $216K in the last year (272 sales), a condo for $107K (48).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Lansing ranks 191st of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Lansing is in the middle of the pack.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Lansing home costs about $1,547 a month
Price: Lansing’s typical sale, last 12 months. Property tax at Lansing’s 2.8% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lansing is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 29.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $205K home, about $5,730 a year.
Taxes vs. neighborsSchools
The schools grade for Lansing, from test results, graduation and how much students grow.
Schools in LansingCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Calumet City, Lynwood and Thornton Township sell for less a square foot
The busier markets within 25 miles of Lansing, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Calumet City | 360 | $159K | $119 | 41% | 98 |
| Lansing | 332 | $205K | $147 | 36% | 79 |
| Munster | 307 | $367K | $167 | 18% | 45 |
| South Holland | 292 | $235K | $149 | 38% | 94 |
| Glenwood | 104 | $212K | $144 | 31% | 84 |
| Lynwood | 80 | $246K | $142 | 39% | 83 |
| Thornton Township | 29 | $201K | $139 | 31% | 117 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Lansing, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lansing. People who follow the town see it, and so do people comparing Lansing with their own town. No commission, no listing fee.
Questions about buying a home in Lansing
What do homes sell for in Lansing, IL?
332 homes sold in the year to May 2026 at a typical $205K, $147 a square foot. Houses sold for about $216K, condos for about $107K.
Is Lansing a buyer’s or seller’s market?
A balanced market: 144 homes were for sale in May 2026 and 33 sold, about 4.4 months of supply. Buyers paid 98.2% of asking on average, and 26% of listings cut their price.
When is the best time to buy in Lansing?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Lansing?
About 2.8% of a home’s value a year. On a $205K home that’s near $5,730.
Where can I see homes for sale in Lansing?
Zillow, Redfin, Realtor.com and Homes.com all carry Lansing’s MLS listings; the search links above open each one filtered to Lansing.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).