Why Live in Averill Woods
Averill Woods in Lansing is a tranquil South Lansing neighborhood characterized by its wooded parks and classic residential streets. The area features a variety of architectural styles, including Craftsman bungalows, Cape Cods, Greek Revival two-stories, ranch-style houses, and colonial-style homes. These homes are typically well-maintained and owner-occupied, with sizes ranging from 1,000 to 1,400 square feet. The neighborhood also includes Moores River Estates, a gated condo community with modern updates and views of the Grand River. Averill Woods is home to Averill New Tech Elementary, which offers a project-based learning approach, and Dwight Rich School of the Arts, known for its arts-focused curriculum. Residents enjoy outdoor activities at Averill Park and Ingham Park, which feature amenities like playgrounds, a basketball court, and a disc golf course. Moores River Drive provides scenic views and a paved trail leading to Frances Park, known for its rose gardens and river vistas. For dining, MexiTreats and Taqueria offers authentic Mexican cuisine, while nearby REO Town provides additional options for food and nightlife, including Blue Owl Coffee and Ellison Brewing Company. Although the neighborhood faced challenges due to the relocation of automotive manufacturing plants, local groups are actively working on revitalization efforts.
Frequently Asked Questions
Is Averill Woods a good place to live?
Averill Woods is a good place to live. Averill Woods is considered very car-dependent and somewhat bikeable with minimal transit options. Averill Woods has 7 parks for recreational activities. It is sparse in population with 2.8 people per acre and a median age of 39. The average household income is $54,073 which is below the national average. College graduates make up 21.3% of residents. A majority of residents in Averill Woods are home owners, with 41.6% of residents renting and 58.4% of residents owning their home. A
local real estate agent serving Averill Woods can help you decide if this neighborhood is the right one for you. Learn more on our
Averill Woods neighborhood guide.
Is Averill Woods, MI a safe neighborhood?
Averill Woods, MI is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Averill Woods?
The median home price in Averill Woods is $369,740. If you put a 20% down payment of $73,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in Averill Woods. The average household income in Averill Woods is $54K.
What are the best public schools in Averill Woods?
The best public schools that serve Averill Woods are:
What are the best private schools in Averill Woods?
The best private schools that serve Averill Woods are:
What are the most popular zip codes in Averill Woods, Lansing, MI?
What are the most popular neighborhoods near Averill Woods, Lansing, MI?
Home Trends in Averill Woods, MI
On average, homes in Averill Woods, Lansing sell after 58 days on the market compared to the national average of 70 days. The median sale price for homes in Averill Woods, Lansing over the last 12 months is $292,997, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$292,997
Median Single Family Sale Price
$355,900
Median 2 Bedroom Sale Price
$175,000
Average Price Per Sq Ft
$258
Number of Homes for Sale
4
Last 12 months Home Sales
92
Median List Price
$369,740
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
5%