Schools
Lansing spans several school districts, so confirm the district for the specific address.
Ingham County, Michigan
Mortgage Broker in Lansing, MI
Local mortgage guidance for Lansing buyers and homeowners, with options shopped across multiple wholesale lenders and one Michigan broker who stays with your file.
- No credit pull to talk
- Licensed broker, NMLS 1647301
Buying a home in Lansing
Lansing is Michigan's capital, home to about 114,300 residents in the Census Bureau's 2024 estimate, mostly in Ingham County with parts in Eaton and Clinton counties. Once the home of Oldsmobile and REO, Lansing's economy now rests on state government, higher education, health care and insurance, including Jackson National Life and Auto-Owners Insurance, with Michigan State University next door in East Lansing. The median household income in Lansing is near $54,400.
By the numbers
Lansing housing and mortgage snapshot
Values move. Treat these as orientation and let us pull current figures for the address you are considering.
$129,000
Typical home value, from the market research on this page
+45%
Typical rise in taxable value the year after a home sells, 2026 Uncapping Study
2.11%
Effective property tax rate, as a share of value
1
Residential ZIP code: 48906
What financing looks like in Lansing
Most homes here finance inside the 2026 conforming limit of $832,750, so conventional, FHA and VA are all in play. Older homes are common, so leave room for updates in the budget; a renovation loan can fold repairs into the mortgage when the house needs work. First-time buyers can also look at MSHDA assistance. The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill. We run the numbers with your actual taxes and insurance before you write an offer.
Nearly every Lansing purchase fits well under the 2026 conforming limit of $832,750, so loan size is rarely the constraint.
The market
The Lansing housing market
The typical home value in Lansing is near $128,700, the median for owner-occupied homes in the Census Bureau's American Community Survey, which counts about 27,800 owner-occupied homes here. The median year built is 1959, so Lansing is mostly older homes in established neighborhoods, many of them bungalows and mid-century ranches. Homeowners pay a median of about $2,720 a year in property taxes, an effective property tax rate of about 2.11% of the median value, so taxes take a large share of the payment here.
Schools and commute
Commute
The State Capitol anchors downtown Lansing, and East Lansing is about 3 miles east.
Michigan property taxes
Lansing property taxes after you buy
The year after a Michigan home sells, its taxable value resets to half of the assessor's market value, so the seller's tax bill is not your tax bill.
In the City of Lansing, our 2026 Uncapping Study found taxable value typically rises about 45% the year after a sale: roughly $2,990 more in first-year tax on a $300,000 home at the local homestead millage. We build your payment on that post-sale number.
In Samantha's words
County alone does not tell you much. We would never say you are in a particular county so here are your taxes. It does not work like that. We need the actual property.
Local resources
Check Lansing records yourself
The official offices behind the tax and school details on this page.
- City of Lansing City Assessor, for parcel records and current taxable value
- Lansing School District, for district boundaries and enrollment
What our clients say
★★★★★
Align Lending helped make purchasing my home in Madison Heights a smooth experience. I appreciated the regular updates and clear explanations along the way.
★★★★★
I highly recommend Align Lending to anyone looking for a mortgage broker in Southeast Michigan. The team was knowledgeable, responsive, and easy to work with.
★★★★★
As a first-time homebuyer in Ferndale, I was unsure of some things. Samantha was awesome. She was extremely helpful and made sure I understood every part of the process.
★★★★★
Samantha was extremely helpful during my home loan process in Novi. Communication was quick, the instructions were clear, and everything stayed on track through closing.
★★★★★
Want to shout out Samantha for the expert guidance, made my first-time homebuyer experience seamless! It exceeded expectations and was a stress free process throughout. Grateful for all your help and loving my new home in Bloomfield Hills!
★★★★★
Samantha Shelton was absolutely amazing! She far exceeded any expectations we had. Samantha was our biggest cheerleader throughout the entire home buying process! It literally felt like my best friend was helping us navigate and cheering us on from start to finish. I would recommend her and the team to anyone; you will be in THE best hands. She is so knowledgeable and kind. This was the best, easiest and least stressful mortgage process ever.
Individual experiences. Results vary.
Lansing mortgage questions
If yours is not here, ask it on the call. There are no dumb questions.
What is the typical home value in Lansing, MI?
The Census Bureau’s American Community Survey puts the median owner-occupied home value near $128,700. Individual homes and neighborhoods range well above and below that.
What ZIP codes cover Lansing?
Lansing is mainly in ZIP codes 48906, 48910, 48911, 48912, 48915 and 48917. A mailing address does not always match the community that sets the taxes, so check the parcel.
How will my property taxes change after I buy?
The year after a Michigan home sells, its taxable value resets to half of the assessor’s market value, so the seller’s tax bill is not your tax bill. In Lansing the median homeowner pays about $2,720 a year, and we estimate the post-sale figure for the home you choose.
Communities near Lansing
Additional Michigan CitiesTalk with a local mortgage expert
Tell Samantha what you are trying to do in Lansing and she will tell you what actually matters for your situation, including whether the timing is right.
- 1
Tell us what you are trying to do
Not what product you want. What you are actually trying to accomplish.
- 2
We look at your situation
A licensed Align loan officer works out what matters most for you specifically.
- 3
You leave with a plan
Your options, the tradeoffs, and your next step. No obligation to go further.
Align Lending LLC, NMLS #2041154. Samantha Shelton, NMLS 1647301. Equal Housing Opportunity. Licensed in Michigan, Ohio, North Carolina, Florida, Louisiana and Texas. Figures on this page are market research for orientation, not a quote. This page is for educational purposes only. It is not a credit decision, a preapproval, a commitment to lend, or an offer of credit.
