Lansing, KS
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Lansing Neighborhoods Since 2000




Lansing, KS Real Estate Data

Source & Methodology

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.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Lansing Housing Market Information

With a population of 11,767, 3,188 total housing units (homes and apartments), and a median house value of $213,780, 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 77.12% of the city's housing units. Other types of housing that are prevalent in Lansing include large apartment complexes or high rise apartments ( 10.14%), mobile homes or trailers ( 4.89%), and a few row houses and other attached homes ( 4.24%).

The most prevalent building size and type in Lansing are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.31% owning and 41.69% renting.

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 ( 25.21%). A lesser amount of the housing stock also hails from between 1940-1969 ( 14.77%). There's also some housing in Lansing built before 1939 ( 5.28%).

Lansing Home Appreciation Rates

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 -0.62% 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 2.00%, 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 -0.04%, which equates to an annual appreciation rate of -0.17%.

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.

Average Home Values

 

Median Home Value:
$213,780

Lansing, KS HOME PRICES

Value Range
> $1,057,000 0.1
$792,001 - $1,057,000 0.0
$528,001 - $792,000 0.7
$423,001 - $528,000 1.3
$317,001 - $423,000 7.9
$211,001 - $317,000 24.7
$106,001 - $211,000 42.0
$53,001 - $106,000 9.9
$0 - $53,000 13.5

Very High for KS
High for Nation

Value Relative to Nation Value Relative to State
29.0460564865815 6.38297872340426

Number Of Homes And Apartments:
3,188

Lansing Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
KS*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
20.25% 1.07% 1 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,591 / per month

Homeownership Rate

Homeownership
Owners 58.31
Renters 41.69
Vacant 4.89

Housing Market Details

 

Age of Homes

AGE OF Lansing HOMES
2000 or Newer 25.2
1970 - 1999 54.7
1940 - 1969 14.8
1939 or Older 5.3

Types of Homes

TYPE OF Lansing HOMES
Single-Family 77.1
Townhomes 4.2
Small Apt. Buildings 3.6
Apt. Complexes 10.1
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Lansing HOMES
No Bedroom 0.84
1 Bedroom 3.01
2 Bedrooms 17.84
3 Bedrooms 39.53
4 Bedrooms 33.17
5 or more bedrooms 5.61