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.
Home Trends in Colonial Village, MI
On average, homes in Colonial Village, Lansing sell after 62 days on the market compared to the national average of 70 days. The median sale price for homes in Colonial Village, Lansing over the last 12 months is $317,000, down 30% from the median home sale price over the previous 12 months.
Median Sale Price
$317,000
Median Single Family Sale Price
$317,000
Median 2 Bedroom Sale Price
$780,000
Average Price Per Sq Ft
$200
Number of Homes for Sale
5
Last 12 months Home Sales
126
Median List Price
$345,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-30%