The story of this market
The typical home in ZIP 48915 sells for about $129,900, or $116 per square foot.
Prices are down 5% from a year ago, which gives buyers more room to negotiate. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,047 a month.
ZIP 48915 — Lansing
The 48915 housing market is experiencing a cooling trend with median prices down 5% year-over-year to $129,900. Increased time on market and declining price per square foot suggest softening demand in this central Lansing area.
This ZIP is primarily suited for budget-conscious buyers and those seeking proximity to the Lansing state government employment core.
Median prices moved down 5.0% year over year.
Homes spend a median of 65 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.6% · poverty 17.5% — a mixed stability profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48915, 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 hosts state government offices including the Budget Policy & Planning and Judicial Institute, anchoring the local economy.
The economy is heavily influenced by state government operations and administrative offices located within the ZIP.
Data sourced from U.S. Census and ACS estimates.
- Zap Zone XL - Lansing4.62.7 mi
- High Caliber Karting and Entertainment4.87.8 mi
- Funcity Trampoline and Adventure Park3.73.1 mi
- Sky Zone Trampoline Park4.51.9 mi
- Launch Family Entertainment Lansing4.67.7 mi
- Breslin Center4.74.1 mi
- Spartan Stadium4.64.5 mi
- MSU Union4.64.5 mi
- Wharton Center for Performing Arts4.75.2 mi
- Celebration! Cinema4.55.5 mi
- Potter Park Zoo4.52.6 mi
- NCG Cinema - Lansing & IMAX!4.33.4 mi
- Celebration! Cinema4.55.5 mi
- Impression 5 Science Center4.71.3 mi
- Hawk Island Park4.63.8 mi
- Impression 5 Science Center4.71.3 mi
- Michigan History Center4.70.6 mi
- Eli and Edythe Broad Art Museum4.34.9 mi
- R.E. Olds Transportation Museum4.81.3 mi
- MSU Museum4.44.6 mi
- Hawk Island Park4.63.8 mi
- Hope Sports Complex4.45.3 mi
- Fitzgerald Park4.79.8 mi
- Lake Lansing Park South4.68.5 mi
- Burchfield Park4.78.9 mi
- Royal Scot Lansing4.13.4 mi
- Hawk Hollow Golf Course4.66.4 mi
- Forest Akers East Golf Course4.44.5 mi
- Eldorado Golf Course4.510.5 mi
- Forest Akers West Golf Course4.54.2 mi
- Horrocks Farm Market4.84.5 mi
- Meijer4.34 mi
- Meridian Mall4.27.8 mi
- Meijer45.1 mi
- Meijer4.37.6 mi
- Capital Region International Airport4.32.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.