48823 Home Values & Market Trends
There are 574 homes currently listed for 48823. 48823 real estate market trends show that home prices range from $55,500 to $2,599,900, and the median sales price in the 48823 zip code is $337,740. The total number of properties sold within the past twelve months is 546. In 48823, 9 properties are in foreclosure, 2 are bank owned properties,and 7 are headed for auction.
Housing Market Summary for 48823
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $346.2K | $339.9K | -1.82% |
| Median Sold Price | $326.3K | $332.7K | 1.96% |
| Homes For Sale | 358 | 570 | 59.22% |
| Homes Sold | 291 | 182 | -37.46% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 48823
Browse Homes in 48823
The median list price of a home in East Lansing, is $337,740. A total of 574 properties are for sale, and the percentage of properties for sale in the zip code is 574.00%. The total count of 48823 properties is 779.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48823 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 48823; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 48823 ranges from the highest value of $196,578 in east lansing to the lowest value of $161,378 in east lansing. Bank owned homes and properties account for 0.26% of properties in 48823. There is 1 cities within 48823; east lansing containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionseast lansing has 7 auction properties, the highest number of properties going to auction in a single city in the state of 48823. Auction homes and other auction properties account for 0.90% of all properties in 48823. There is 1 cities within 48823; of that cities, the median estimated home value for homes going to auction ranges from $880,679 in east lansing to the lowest value of $150,000 in east lansing.
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More Real Estate Resources for 48823
Guide for 48823





Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

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