Why Live in Colonial Village
Colonial Village in Lansing, MI, is a well-established neighborhood on the southside, known for its strong sense of community and quiet, residential streets. The area features modest ranch-style homes, bungalows, split-levels, and two-story builds, many shaded by mature trees. Despite the departure of some local businesses, the neighborhood remains popular among Lansing-area homebuyers, particularly first-time buyers, due to its affordable living and convenient location. The Southside Community Coalition offers youth programs and a community hoop house, fostering a resilient community spirit. Grocery shopping is available at Great Giant Supermarket and nearby Kroger, while retail options in REO Town include The Record Lounge and Thriftique. Dining options feature Fresh Fish & Fry, A Burger N Wings, and Mancino’s Pizza & Grinders, along with several fast-food chains. Recreational spaces include Holly Park, Elmhurst Park, and the Lansing Country Club, which offers golf, tennis, and a pool. The community-owned Beacon Soccer Field provides a space for local youth to play sports. Public transportation is accessible via the Capital Area Transit Authority, and the neighborhood is well-connected to downtown Lansing and surrounding areas through major roads and interstates. For travel, the Capital Region International Airport is 7 miles north, and medical facilities like Sparrow Hospital and McLaren Greater Lansing Hospital are within 5 miles.
Frequently Asked Questions
Is Colonial Village a good place to live?
Colonial Village is a good place to live. Colonial Village is considered car-dependent and somewhat bikeable with some transit options. Colonial Village is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Colonial Village has 8 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 41. The average household income is $62,682 which is below the national average. College graduates make up 34% of residents. A majority of residents in Colonial Village are home owners, with 22.5% of residents renting and 77.5% of residents owning their home. A
local real estate agent serving Colonial Village can help you decide if this neighborhood is the right one for you. Learn more on our
Colonial Village neighborhood guide.
Is Colonial Village, MI a safe neighborhood?
Colonial Village, MI is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Colonial Village?
The median home price in Colonial Village is $171,000. If you put a 20% down payment of $34,200 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $38K a year to afford the median home price in Colonial Village. The average household income in Colonial Village is $63K.
What are the best public schools in Colonial Village?
The best public schools that serve Colonial Village are:
What are the best private schools in Colonial Village?
The best private schools that serve Colonial Village are:
What are the most popular zip codes in Colonial Village, Lansing, MI?
What are the most popular neighborhoods near Colonial Village, Lansing, MI?
Home Trends in Colonial Village, MI
On average, homes in Colonial Village, Lansing sell after 20 days on the market compared to the national average of 50 days. The median sale price for homes in Colonial Village, Lansing over the last 12 months is $171,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$171,000
Median Single Family Sale Price
$170,000
Average Price Per Sq Ft
$146
Number of Homes for Sale
7
Last 12 months Home Sales
120
Median List Price
$171,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%