The story of this market
The typical home in ZIP 49251 sells for about $245,000, or $206 per square foot.
Prices are down 1.96% from a year ago, which gives buyers more room to negotiate. Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,070 a month.
ZIP 49251 — Leslie
The 49251 housing market is a stable, lower-cost alternative to the central Lansing area, characterized by a mix of existing homes and new residential construction. Market activity is currently moderate, with listing prices reflecting a rural-suburban price point. The area remains a viable option for buyers seeking affordability within commuting distance of the Lansing-East Lansing metro.
This ZIP is a solid fit for family buyers seeking a stable, lower-cost entry point into the Lansing market with a rural feel.
Median prices moved down 2.0% year over year.
Homes spend a median of 62 days on market with 0.0 months of supply — a balanced-paced 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 5.8% · poverty 8.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 49251, 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.
The area is characterized by a mix of rural residential and agricultural land use with limited large-scale commercial development.
Property taxes are assessed at the county level in Ingham County; specific millage rates vary by local jurisdiction and school district.
Residents typically commute toward the Lansing-East Lansing employment core via highway corridors.
The area features rural landscapes and local parks, with proximity to regional amenities in the greater Lansing area.
The rental market is characterized by limited inventory with rents largely influenced by regional fair-market estimates.
The local economy is tied to the broader Lansing-East Lansing metropolitan area, which features a mix of government, education, and manufacturing sectors.
The area is primarily served by regional highway networks connecting to the Lansing metropolitan core.
Development is primarily focused on small-scale residential subdivisions and rural land use.
Ingham County manages property assessments through its equalization department.
Parcels are subject to local school district millages and county-level property tax assessments.
Data sourced from MapOfZipCodes and Census Bureau aggregates.
- High Caliber Karting and Entertainment4.817.5 mi
- Sky Zone Trampoline Park4.519.8 mi
- Launch Family Entertainment Lansing4.617.4 mi
- Breakout Escape Rooms Lansing518.5 mi
- Jaxon's Playhouse LLC4.619.1 mi
- Breslin Center4.718 mi
- Spartan Stadium4.617.9 mi
- MSU Union4.618.3 mi
- Wharton Center for Performing Arts4.717.5 mi
- Celebration! Cinema4.514.5 mi
- City Limits Mason4.48.3 mi
- Valhalla Park4.512.9 mi
- Meridian-Baseline Historic State Park4.54.7 mi
- Haehnle Sanctuary4.712.4 mi
- Kiwanis Park4.512.1 mi
- Impression 5 Science Center4.719 mi
- Michigan History Center4.719.3 mi
- Eli and Edythe Broad Art Museum4.318.1 mi
- R.E. Olds Transportation Museum4.819 mi
- Ella Sharp Museum4.617.9 mi
- Burchfield Park4.712.8 mi
- Valhalla Park4.512.9 mi
- Meridian-Baseline Historic State Park4.54.7 mi
- Kiwanis Park4.512.1 mi
- Laylin Park4.67.4 mi
- Eldorado Golf Course4.59.4 mi
- Hankerd Hills Golf Course4.17 mi
- Ironwood Links4.210.9 mi
- Bonnie View Golf Course4.312.2 mi
- Meijer4.26.5 mi
- Holt Farmers' Market4.612.9 mi
- Dollar General4.17.9 mi
- Dollar General4.112.4 mi
- Holt Plaza4.212.8 mi
- Capital Region International Airport4.322.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Small community parks serving the Leslie area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.