The story of this market
The typical home in ZIP 48864 sells for about $323,000, or $120 per square foot.
Prices are up +5.9% from a year ago, so sellers still have some momentum. Homes take about 53 days to sell. HUD's fair market rent for a two-bedroom is $1,334 a month.
ZIP 48864 — Okemos
The Okemos housing market shows moderate competitiveness with a median sale price of $323,000, reflecting a 5.9% year-over-year increase. Demand remains supported by the area's strong school reputation and proximity to major regional employers, despite a slight increase in days on market.
This area is well-suited for families and professionals who value high-quality schools and proximity to the Lansing-East Lansing employment hub.
Median prices moved up 5.9% year over year.
Homes spend a median of 53 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.2% · poverty 5.9% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 48864, Ingham County MI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Okemos is widely recognized for its high-performing public school system, which is a primary driver for family-oriented housing demand in the area.
The area benefits from its proximity to Michigan State University and the state capital, providing a stable economic base and consistent demand for housing.
Residents typically commute to nearby East Lansing or Lansing for employment, with the area served by major regional highway corridors.
The ZIP features access to local parks, green spaces, and proximity to shopping and dining districts in the Okemos and East Lansing corridor.
The rental market is influenced by the proximity to Michigan State University, maintaining steady demand for housing options.
The economy is anchored by Michigan State University and the state government sector in nearby Lansing, fostering a stable professional workforce.
The area is primarily car-dependent, with access to regional highway networks connecting to the broader Lansing metropolitan area.
Data sourced from US Census Bureau ZCTA 48864 profiles.
- Zap Zone XL - Lansing4.611.5 mi
- High Caliber Karting and Entertainment4.82.1 mi
- Funcity Trampoline and Adventure Park3.711.8 mi
- Sky Zone Trampoline Park4.510.2 mi
- Launch Family Entertainment Lansing4.62 mi
- Breslin Center4.74.8 mi
- Spartan Stadium4.64.5 mi
- MSU Union4.64.6 mi
- Wharton Center for Performing Arts4.73.7 mi
- Celebration! Cinema4.57.7 mi
- Potter Park Zoo4.56.3 mi
- NCG Cinema - Lansing & IMAX!4.37.2 mi
- Celebration! Cinema4.57.7 mi
- Impression 5 Science Center4.77.6 mi
- Hawk Island Park4.66.3 mi
- Impression 5 Science Center4.77.6 mi
- Michigan History Center4.78.3 mi
- Eli and Edythe Broad Art Museum4.34.3 mi
- R.E. Olds Transportation Museum4.87.5 mi
- MSU Museum4.44.4 mi
- Hawk Island Park4.66.3 mi
- Hope Sports Complex4.46 mi
- Lake Lansing Park South4.64 mi
- Burchfield Park4.711.1 mi
- Frances Park4.69.3 mi
- Royal Scot Lansing4.111.9 mi
- Hawk Hollow Golf Course4.67.5 mi
- Forest Akers East Golf Course4.44.4 mi
- Eldorado Golf Course4.58.2 mi
- Wheatfield Valley Golf4.55.8 mi
- Meridian Mall4.22 mi
- Meijer4.36.5 mi
- Meijer47.1 mi
- Meijer4.31.8 mi
- Lansing Mall3.711.7 mi
- Capital Region International Airport4.310.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
A major regional shopping destination serving the Okemos and Lansing area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.