Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 11,187, 3,639 total housing units (homes and apartments), and a median house value of $336,321, Lansing real estate is some of the most expensive in Kansas, although Lansing home values aren't among America's most expensive.
Single-family detached homes are the single most common housing type in Lansing, accounting for 84.49% of the city's housing units. Other types of housing that are prevalent in Lansing include large apartment complexes or high rise apartments ( 9.83%), duplexes, homes converted to apartments or other small apartment buildings ( 2.54%), and a few mobile homes or trailers ( 1.66%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Lansing. Owner-occupied housing accounts for 67.89% of Lansing's homes, and 72.09% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Lansing built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Lansing built between 2000 and later ( 28.20%). A lesser amount of the housing stock also hails from between 1940-1969 ( 13.19%). There's also some housing in Lansing built before 1939 ( 10.31%).
Real estate appreciation rates in Lansing's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.40% during the period.
Over the last year, Lansing appreciation rates have trailed the rest of the nation. In the last twelve months, Lansing's appreciation rate has been 4.63%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Lansing were at 2.29%, which equates to an annual appreciation rate of 9.46%.
Relative to Kansas, our data show that Lansing's latest annual appreciation rate is lower than 80% of the other cities and towns in Kansas.
$336,321
for Kansas
for nation
3,639
$1,863 / per month