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Area data

East lansing, MI — ZIP 48823

Population: 50,034 (Census ACS)

The median home value in ZIP 48823 (East lansing, MI) is $331,532 — up 4.0% over the past year. Homes sell for a median $216,000 after a median 45 days on market. Typical rent runs $1,304/month. 12 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with strongwind, coldwave, icestorm the top-rated hazards. Cost of living is 8.0% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$331,532

Median home value

+4.0%

1-year change

45

Median days on market

Relatively Moderate

Hazard risk (county)

Home values & appreciation

Median home value
$331,532
1-year appreciation
+4.0%
3-year appreciation
+17.0%
5-year appreciation
+28.2%
10-year appreciation
+82.7%
All-time peak (2026-07)
$331,532
House Price Index (state)
387.5 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$216,000
Median list price
$279,900
Median price per sqft
$149
1-year sale-price change
-16.1%
Median days on market
45 days
Homes sold (recent period)
25
For-sale inventory
134
Sale-to-list ratio
98.1%
Active listings
31
1-year forecast
+1.4%
Days to pending
24 days
New listings (monthly)
60

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,304/mo
1-year rent change
+4.5%
Studio fair-market rent
$823/mo
1BR fair-market rent
$1,029/mo
2BR fair-market rent
$1,261/mo
3BR fair-market rent
$1,639/mo
4BR fair-market rent
$1,891/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
12
Elementary schools
8
Middle schools
1
High schools
3
Charter schools
3
School districts serving the area
Cole Academy, Great Lakes Learning Academy, East Lansing School District
Schools include
Cole Academy East, Great Lakes Learning Academy MSHS, Great Lakes Learning Academy HS, East Lansing High School, Glencairn School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Moderate
Top hazards (county)
strongWind, coldWave, iceStorm, tornado, hail
Notable hazard ratings (county)
coldWave: Relatively High · earthquake: Relatively Low · hail: Relatively Moderate · heatWave: Relatively Low · iceStorm: Relatively High · inlandFlooding: Relatively Moderate
FEMA flood zone
A
Flood risk level
High
Wildfire risk to homes (county)
Higher than 8% of US counties
Buildings in wildfire direct-exposure zone
27.2%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Motor Wheel, Inc. (3.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
49.0°F
Average high
58.0°F
Average low
40.0°F
Annual precipitation
36.3 in
Annual snowfall
46.8 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
43
Days with Good air quality
229
Days with Moderate air quality
123
Days with Unhealthy air quality
4
Highest AQI recorded (year)
194

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
14.8 / 20
Transit service frequency
321
Jobs reachable by car (30 min)
55,785
Jobs reachable by transit (45 min)
35,652

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
42
Nearest airport
University Airpark (5 mi)
Nearest major airport
Capital Region International Airport (LAN) (6 mi)
Hospitals nearby (~15 mi)
1
Hospitals include
BRIGHTWELL BEHAVIORAL HEALTH
Solar radiation rating
Fair (3.8 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
-1,044 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,980
Housing built before 1970
33.5%
Housing built 2000 or later
25.9%
Median annual property tax
$5,519
Mean commute to work
15 min
Households with broadband internet
77.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
109,258
Average weekly wage
$1,192
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
165

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 48823State medianUS median
Median home value$331,532$246,351$289,727
Median sale price$216,000$265,000$325,000
Median days on market45 days36 days51 days
Typical rent$1,304/mo$1,494/mo$1,808/mo
Median annual property tax$5,519$2,175$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 48823?
$331,532.
What is the median sale price in ZIP 48823?
$216,000.
How long do homes take to sell in ZIP 48823?
Median days on market: 45 days.
What is typical rent in ZIP 48823?
Typical rent: $1,304/month.
What is the natural-hazard risk in ZIP 48823?
Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: strongWind, coldWave, iceStorm, tornado, hail.
Is ZIP 48823 in a flood zone?
High (FEMA NFIP). FEMA flood zone A.
What is the wildfire risk in ZIP 48823?
Risk to homes is higher than 8% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 48823?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 48823?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Motor Wheel, Inc., 3.8 mi.
How many schools serve ZIP 48823?
12 schools (8 elementary, 1 middle, 3 high) (NCES, 2022-23).
Is ZIP 48823 walkable?
Walkability index: 14.8/20 (EPA Smart Location Database).
What is the air quality in ZIP 48823?
Good. Median AQI: 43. (EPA AQI).
What is the cost of living in ZIP 48823?
Regional Price Parity: 92.0 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents