48906 Home Values & Market Trends
There are 494 homes currently listed for 48906. 48906 real estate market trends show that home prices range from $10,000 to $595,000, and the median sales price in the 48906 zip code is $152,436. The total number of properties sold within the past twelve months is 499. In 48906, 21 properties are in foreclosure, 8 are bank owned properties,and 13 are headed for auction.
48906 Real Estate Market Overview
Housing Market Summary for 48906
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $137.4K | $142K | 3.35% |
| Median Sold Price | $161K | $147.8K | -8.20% |
| Homes For Sale | 275 | 493 | 79.27% |
| Homes Sold | 216 | 151 | -30.09% |
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 48906
Browse Homes in 48906
The median list price of a home in Lansing, is $152,436. A total of 494 properties are for sale, and the percentage of properties for sale in the zip code is 494.00%. The total count of 48906 properties is 687.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 48906 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within 48906; of those 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 48906 ranges from the highest value of $319,473 in lansing to the lowest value of $37,105 in lansing. Bank owned homes and properties account for 1.16% of properties in 48906. There are 3 cities within 48906; lansing containing 24 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslansing has 65 auction properties, the highest number of properties going to auction in a single city in the state of 48906. Auction homes and other auction properties account for 1.89% of all properties in 48906. There are 3 cities within 48906; of those cities, the median estimated home value for homes going to auction ranges from $344,973 in lansing to the lowest value of $64,400 in lansing.
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More Real Estate Resources for 48906
Guide for 48906
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
