Altos Market Data for Realtors

Lansing, IL

Single-Family Homes

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Lansing, IL

Tue May 30 2023
This week the median list price for Lansing, IL is $224,999 with the market action index hovering around 58. This is an increase over last month's market action index of 52. Inventory has decreased to 46. Click here to stay informed with the Lansing market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Lansing, IL

Tue May 30 2023
This week the median list price for Lansing, IL is $224,999 with the market action index hovering around 58. This is an increase over last month's market action index of 52. Inventory has decreased to 46. Click here to stay informed with the Lansing market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Lansing market.
Median List Price $224,999
Median Price of New Listings $159,900
Per Square Foot $159
Average Days on Market 57
Median Days on Market 35
Price Decreased 46%
Price Increased 4%
Relisted 11%
Inventory 46
Median Rent
Market Action 58
Strong Seller's Market

The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$288,000 1,757 6,500 - 8,000 sqft 3 2 52 0 0 35
$245,000 1,456 6,500 - 8,000 sqft 4 2 73 2 2 49
$213,250 1,243 6,500 - 8,000 sqft 3 1.8 65 2 3 17
$149,900 931 4,500 - 6,500 sqft 2 1 71 7 5 14