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 2025September 2026Change
Median Listing Price$346.2K$339.9K-1.82%
Median Sold Price$326.3K$332.7K1.96%
Homes For Sale35857059.22%
Homes Sold291182-37.46%
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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%.

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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.

Foreclosure
There is 1 cities within 48823; within this cities, the median estimated home value for homes in foreclosure ranges from $880,679 in east lansing to the lowest value of $150,000 in east lansing. Foreclosure homes account for 1.00% of properties in 48823 with east lansing containing 9 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-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 Owned
    The 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.
  • Auctions
    east 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 73.68% of residential properties in 48823 with east lansing containing 574 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 48823; homes for sale in that cities, have a range of median values from $2,599,900 in east lansing to the lowest value of $42,250 in east lansing.
    Sold Homes
    The median value for recently sold homes ranges from $1,235,315 in east lansing to the lowest price of $98,500 in east lansing. There is 1 cities within 48823. east lansing has 187 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.01% of properties in 48823.

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      Guide for 48823

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.