Updated May 2026 · Redfin · 3-month window
48906 Real Estate Market Update: Lansing, MI, May 2026
The latest housing-market numbers for ZIP code 48906 in Lansing, Michigan, for May 2026, from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $157K | ▼ -1.0% | ▲ +8.2% |
| Days on market | 45 | ▲ +6.0% | ▲ +29.0% |
| Homes for sale | 69 | ▼ -16.9% | ▼ -6.8% |
| Sale-to-list | 99.8% | ▲ +0.8% | ▼ -0.5% |
| Homes sold | 93 | ▲ +19.2% | ▼ -6.1% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 48906 numbers say
Prices in Lansing's 48906 ZIP are still climbing. The median sale price reached $156,900, up 8.2% year over year. Pace is steady: a typical listing goes under contract in about 45 days, with sellers getting 99.8% of list price.
Based on 93 recent sales, 48906 is currently an active market.
What this means if you sell in 48906
Use these figures to set expectations early. Lead a listing appointment with the median price and the 45-day pace, show the year-over-year direction, and frame 48906 as an active market. Buyers and sellers trust an agent who knows their exact ZIP, not just the metro average.
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Build the Lansing post →Frequently asked: the 48906 housing market
- What is the median home price in ZIP 48906 (Lansing, MI)?
- As of May 2026, the median sale price in ZIP 48906 is $156,900 (+8.2% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 48906 a buyer's or seller's market right now?
- ZIP 48906 is currently an active market, based on a 99.8% sale-to-list ratio, about 45 days on market for May 2026.
- How long do homes take to sell in ZIP 48906?
- A typical listing in 48906 goes under contract in about 45 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 48906 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.