Median price for residential apartments in as of Sep, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
145 Lansing, IL, USA apartments for sale
Lansing
According to statistics, the population in Lansing, IL amounts to 28,308, which shows decline 0% compared to the previous year. The median age of the city’s residents is 41. The average household income is $48,348, shifting decline -4% from the past year, and the average property value in Lansing, IL growth 1% to $125,500 throughout the year.
| Population | 28,308 |
| Median Age | 41.4 |
| Poverty Rate | 15% |
| Household Income | $48,348 |
| Number Of Employees | 12,832 |
| Median Property Value | $125,500 |
Household Income
The average household income in Lansing, IL declined from $50,107 to $48,348 in the past year. This data is an estimate based upon 11,243 households in Lansing, IL . The chart below presents how household income is distributed in Lansing, IL in comparison to the revenue allocation amid households nationally.
- USA
- Lansing, IL
Property Value
According to data from last year, the average property value in Lansing, IL shifted from $124,100 to $125,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Lansing, IL in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Lansing, IL properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
- USA
- Lansing, IL
Rent vs. Own
- Rent66%
- Own34%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lansing, IL compared to median property taxes around the country. The prevalent amount of property taxes in Lansing, IL equals $3000, which is less than the national average.
- USA
- Lansing, IL
Housing Trends
Lansing, IL, USA Housing Trends
Average sale in Lansing: $35,000 (-79%)
| Apartment Size | Sep | vs Last Month |
|---|---|---|
| 1 bed apartments | $35,000 | N/A |
| 3 bed apartments | $156,910 | N/A |
| 4+ bed apartments | $259,900 | N/A |
During Sep 2021, the average price for an apartment in/near Lansing, IL decreased by 79% to $35,000.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $35,000 with no changes this month. Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $156,910. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $259,900 for a big-family home.
| Listing Type | Sep | vs Last Month |
|---|---|---|
| Houses for sale | $194,962 | N/A |
| Condos for sale | $89,766 | N/A |
| Apartments for sale | $35,000 | N/A |
While assessing the property pricing Lansing, IL, you can note that it remains flat with a price tag of $35,000. According to statistics, average house is still $194,962 with no significant changes this month. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $89,766.
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