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Downtown East Lansing (2022)Photo: WeaponizingArchitecture · CC BY-SA 4.0
Housing in East Lansing

312 homes sold in East Lansing in the last year, at a typical $320K

About one sale in 4 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 East Lansing homes are listed.

Homes sold
312
October 2025 to September 2026
Typical sale price
$320K
houses $346K · condos $244K (year to May 2026)
Price per square foot
$171
Michigan $168
Paid vs. asking
98.6%
34% sold over asking
For sale now
70
September 2026 · 26 sold that month
What sold · last 12 months

A quarter of East Lansing’s sales are condos, at $103K less than a house

247 houses and 73 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$346K

typical sale · 247 sold in the year to May 2026

Per square foot
$175MI $172
Days to sell
43
Sold over asking
36%
Listings with a price cut
22%
Condos$244K

typical sale · 73 sold in the year to May 2026

Per square foot
$174MI $190
Days to sell
49
Sold over asking
23%
Listings with a price cut
25%
Fewer sales

Multi-family (2–4 units): 7 sold, typical $371K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at 1.8 times the 2016 price

312 sales in the last year, against 478 in 2021 and a low of 310 in 2023. The typical sale went from $177K in 2016 to $320K.

Homes soldTypical sale price
0125250375500$175K$250K$325K$400K2012: 360 sold, typical $131K’122013: 357 sold, typical $143K2014: 380 sold, typical $154K’142015: 398 sold, typical $160K2016: 399 sold, typical $177K’162017: 437 sold, typical $183K2018: 441 sold, typical $187K’182019: 419 sold, typical $202K2020: 472 sold, typical $224K’202021: 478 sold, typical $246K2022: 427 sold, typical $255K’222023: 310 sold, typical $278K2024: 361 sold, typical $290K’242025: 334 sold, typical $319KLast 12 months: 312 sold, typical $320KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $300K buys in East Lansing

Houseat $175 a sq ft, year to May 2026
Condoat $174 a sq ft, year to May 2026
The same money in Michiganat $172 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what East 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.

What the sales history says · 14 years of sales

Bidding wars in East Lansing are more common than before the pandemic, but half fewer homes come up for sale

We read every month of East 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 September 2026, 312 sales.

If you’re buying in East Lansing

  • Shop in May. It brings about 57 new listings a month, close to the busiest month, with fewer bidding wars (34% over asking).
  • Bid near asking. Buyers paid 98.6% of the list price on average; 34% paid over.
  • You’ll usually have time. Only 44% of homes go under contract within two weeks; the typical one takes 42 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 57 a month), but April is the most competitive: 36% of April sales close over asking. December has the least competition (18%) but only about 16 new listings.

New listings a monthShare sold over asking
01530456013%27%40%Sweet spotJan: 25 new listings a month, 19% sold over asking, 80 days to sellJFeb: 26 new listings a month, 25% sold over asking, 89 days to sellFMar: 42 new listings a month, 25% sold over asking, 75 days to sellMApr: 46 new listings a month, 36% sold over asking, 46 days to sellAMay: 57 new listings a month, 34% sold over asking, 50 days to sellMJun: 55 new listings a month, 35% sold over asking, 50 days to sellJJul: 45 new listings a month, 33% sold over asking, 47 days to sellJAug: 45 new listings a month, 31% sold over asking, 51 days to sellASep: 38 new listings a month, 29% sold over asking, 56 days to sellSOct: 30 new listings a month, 23% sold over asking, 56 days to sellONov: 22 new listings a month, 21% sold over asking, 62 days to sellNDec: 16 new listings a month, 18% sold over asking, 68 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than Michigan

East Lansing now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price34%21%40%28%
Gone within two weeksShare of homes under contract within 14 days44%8%22%40%
Price paid vs. askingAverage sale price ÷ list price98.6%97.8%100.3%98.1%
Days to sellMedian days from listing to contract42724436
Supply

61 homes for sale on a typical day

That’s 1.6 times the 2023 low (39), 52% fewer than in 2017–19 and well under 2012’s 171.

2012: 171 for sale’122013: 155 for sale2014: 146 for sale2015: 168 for sale’152016: 135 for sale2017: 132 for sale2018: 116 for sale’182019: 132 for sale2020: 92 for sale2021: 73 for sale’212022: 52 for sale2023: 39 for sale2024: 46 for sale’242025: 59 for saleLast 12 months: 61 for saleNow
Prices by type

Since 2019, houses are up 63%, condos 60%

A house typically sold for $346K in the year to May 2026 (247 sales), a condo for $244K (73).

$175K$250K$325K$400K2013201520172019202120232025NowHouses 2013: $153K, 254 salesHouses 2014: $161K, 268 salesHouses 2015: $167K, 273 salesHouses 2016: $187K, 291 salesHouses 2017: $197K, 318 salesHouses 2018: $205K, 314 salesHouses 2019: $212K, 309 salesHouses 2020: $234K, 358 salesHouses 2021: $264K, 328 salesHouses 2022: $273K, 293 salesHouses 2023: $297K, 201 salesHouses 2024: $316K, 246 salesHouses 2025: $345K, 237 salesHouses last 12 months: $346K, 247 salesHouses $346KCondos 2013: $119K, 98 salesCondos 2014: $130K, 101 salesCondos 2015: $135K, 119 salesCondos 2016: $125K, 103 salesCondos 2017: $144K, 105 salesCondos 2018: $132K, 109 salesCondos 2019: $153K, 102 salesCondos 2020: $166K, 101 salesCondos 2021: $160K, 121 salesCondos 2022: $191K, 105 salesCondos 2023: $199K, 98 salesCondos 2024: $212K, 97 salesCondos 2025: $234K, 89 salesCondos last 12 months: $244K, 73 salesCondos $244K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Michigan

East Lansing ranks 77th of 194 busy Michigan markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. East Lansing is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical East Lansing home costs about $2,221 a month

Mortgage
Property tax
Insurance
Rent

Price: East Lansing’s typical sale, last 12 months. Property tax at East Lansing’s 2.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether East Lansing is affordable on local pay is on Cost of living.

Before you buy in East Lansing

Six things worth knowing

57

New listings in May

The month with the most choice. December has the fewest, about 16.

Best time to buy
2.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $320K home, about $6,620 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for East Lansing, from test results, graduation and how much students grow.

Schools in East Lansing
16 min

Typical commute

The average one-way trip to work for people who live in East Lansing.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Haslett, Okemos, Lansing, Edgemont Park and Bath Township sell for less a square foot

The busier markets within 25 miles of East Lansing, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Lansing1,578$152K$12136%39
East Lansing312$320K$17134%42
Okemos249$375K$15230%45
Haslett247$312K$16540%39
DeWitt Township65$349K$17852%24
Edgemont Park40$210K$15054%47
Bath Township21$351K$15921%51

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to East Lansing, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to East Lansing. People who follow the town see it, and so do people comparing East Lansing with their own town. No commission, no listing fee.

Questions about buying a home in East Lansing

What do homes sell for in East Lansing, MI?

312 homes sold in the year to September 2026 at a typical $320K, $171 a square foot. Houses sold for about $346K, condos for about $244K in the year to May 2026.

Is East Lansing a buyer’s or seller’s market?

A seller’s market: 70 homes were for sale in September 2026 and 26 sold, about 2.7 months of supply. Buyers paid 98.6% of asking on average.

When is the best time to buy in East Lansing?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in East Lansing?

About 2.1% of a home’s value a year. On a $320K home that’s near $6,620.

Where can I see homes for sale in East Lansing?

Zillow, Redfin, Realtor.com and Homes.com all carry East Lansing’s MLS listings; the search links above open each one filtered to East Lansing.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). 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).