Why Live in Foster
Between Michigan State University and Downtown Lansing, Foster is a forest of greenery, with single-family homes surrounded by trendy bars, restaurants and nightlife. With all the benefits of a college town, this well-established enclave has 20th-century bungalows, only a short drive from the city's most iconic sporting events and attractions. About 3 miles east of downtown, locals appreciate Foster's convenient location. "I love living here on the east side. I live down the street, and I grew up here," says Mikhail Myles, Lansing native and real estate agent at Five Star Real Estate. "Foster has a great location. You're next to a few different schools, parks and plenty of restaurants. It's got a little bit of everything." Foster's tree-lined streets are dense with foliage. Many properties have carports, shady home gardens and fenced-in backyards. Foster's diverse housing stock features a variety of architecture, from Dutch colonials to American foursquares. However, the most common housing styles include Craftsman bungalows, cottages and single-level ranch-style homes. Single-family home prices range from $50,000 to $300,000. This community is next to several thoroughfares,
Home Trends in Foster, MI
On average, homes in Foster, Lansing sell after 51 days on the market compared to the national average of 70 days. The median sale price for homes in Foster, Lansing over the last 12 months is $197,500, down 63% from the median home sale price over the previous 12 months.
Median Sale Price
$197,500
Median Single Family Sale Price
$490,000
Median Townhouse Sale Price
$399,000
Average Price Per Sq Ft
$268
Number of Homes for Sale
4
Last 12 months Home Sales
54
Median List Price
$345,407
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
-63%