The story of this market
The typical home in ZIP 48912 sells for about $101,500, or $152 per square foot.
Prices are down 8.7% from a year ago, which gives buyers more room to negotiate. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,055 a month.
ZIP 48912 — Lansing
The 48912 housing market shows signs of stabilization with a median listing price of $101,500, reflecting its position as an affordable segment of the Lansing metro area. While the broader Lansing market has seen significant price volatility, this ZIP maintains a steady pace of activity supported by its central location and proximity to major regional employers. Current inventory levels and days-on-market suggest a balanced environment for local buyers.
This ZIP is well-suited for first-time homebuyers, commuters, and renters seeking affordability and central access to the Lansing metropolitan area.
Median prices moved down 8.7% year over year.
Homes spend a median of 37 days on market with 2.0 months of supply — a fast-moving market.
14% of listings have cut prices · homes sell at 100.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 19.3% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48912, Ingham County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area benefits from proximity to the state capital's government and educational employment base, though specific development momentum within the ZIP is not determinable.
Property taxes are assessed by Ingham County based on local millage rates; specific exemptions and district-level formulas are not determinable.
The ZIP offers a central location within Lansing, providing relatively short drive times to the downtown employment core and major state government offices.
The area features access to local parks and proximity to the amenities of the Lansing metropolitan area, including shopping and dining districts within a short drive.
The rental market is characterized by steady demand driven by the local workforce and student population, with rents reflecting the broader Lansing metro trajectory.
The economy is anchored by state government, education (Michigan State University), and healthcare sectors within the Greater Lansing area.
The area is served by the CATA bus system and benefits from proximity to major highway corridors including I-496 and US-127.
Parcels are subject to local school district taxes and municipal levies; specific special district details are not determinable.
Data retrieved from Census Reporter and AmericaByPlace profiles for ZCTA 48912.
- Zap Zone XL - Lansing4.65.5 mi
- High Caliber Karting and Entertainment4.85 mi
- Funcity Trampoline and Adventure Park3.75.9 mi
- Sky Zone Trampoline Park4.54.6 mi
- Launch Family Entertainment Lansing4.65 mi
- Breslin Center4.71.4 mi
- Spartan Stadium4.61.8 mi
- MSU Union4.61.7 mi
- Wharton Center for Performing Arts4.72.5 mi
- Celebration! Cinema4.55.6 mi
- Potter Park Zoo4.51.5 mi
- NCG Cinema - Lansing & IMAX!4.31.9 mi
- Celebration! Cinema4.55.6 mi
- Impression 5 Science Center4.71.6 mi
- Hawk Island Park4.63.2 mi
- Impression 5 Science Center4.71.6 mi
- Michigan History Center4.72.4 mi
- Eli and Edythe Broad Art Museum4.32.1 mi
- R.E. Olds Transportation Museum4.81.6 mi
- MSU Museum4.41.8 mi
- Hawk Island Park4.63.2 mi
- Hope Sports Complex4.44.6 mi
- Fitzgerald Park4.712.5 mi
- Lake Lansing Park South4.65.7 mi
- Burchfield Park4.79.6 mi
- Royal Scot Lansing4.15.6 mi
- Hawk Hollow Golf Course4.64.5 mi
- Forest Akers East Golf Course4.42.4 mi
- Eldorado Golf Course4.59.8 mi
- Wheatfield Valley Golf4.512 mi
- Horrocks Farm Market4.87.3 mi
- Meridian Mall4.25 mi
- Meijer4.31.9 mi
- Meijer45 mi
- Meijer4.34.8 mi
- Capital Region International Airport4.34.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail system providing extensive walking and biking paths along the Grand and Red Cedar rivers.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.