Why Live in Old Town
Old Town in Lansing is a vibrant neighborhood known for its cultural significance and historic charm. The area features mural-adorned brick commercial buildings and colorful Victorian homes, creating a lively atmosphere. Old Town is a hub for unique festivals such as ScrapFest, Chalk of the Town, Lansing Pride, JazzFest, BluesFest, and the Dam Jam Music Festival, making it a focal point for things to do in Lansing. The neighborhood has undergone significant revitalization over the past 30 years, reducing crime rates and vacancy rates dramatically. The Old Town Commercial Association has played a key role in this transformation, focusing on building rehabilitation and community events. Dining options are diverse, with notable spots like Meat BBQ, Pablo's Old Town, and The Creole Burger Bar. Shopping includes art galleries, thrift stores, and the popular Preuss Pets. While Old Town offers a lively nightlife, it lacks proximity to large grocery stores and big brand shops, with the nearest options being Capital City Market and Frandor Shopping Center. The Lansing River Trail runs through Old Town, featuring the historic Brenke Fish Ladder and Burchard Park, which is set for renovations in 2024. Housing includes historic Victorians and American Foursquare homes, many of which require renovations. The neighborhood is part of the Lansing Public School District, which has open choice enrollment.
Frequently Asked Questions
Is Old Town a good place to live?
Old Town is a good place to live. Old Town is considered fairly walkable and very bikeable with some transit options. Old Town is a suburban neighborhood. Old Town has 11 parks for recreational activities. It is fairly sparse in population with 4.8 people per acre and a median age of 35. The average household income is $55,142 which is below the national average. College graduates make up 38.9% of residents. A majority of residents in Old Town are renters, with 80.6% of residents renting and 19.4% of residents owning their home. A
local real estate agent serving Old Town can help you decide if this neighborhood is the right one for you. Learn more on our
Old Town neighborhood guide.
Is Old Town, MI a safe neighborhood?
Old Town, MI is less safe than the average neighborhood in the United States. It received a crime score of 9 out of 10.
How much do you need to make to afford a house in Old Town?
The median home price in Old Town is $431,990. If you put a 20% down payment of $86,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Old Town. The average household income in Old Town is $55K.
What are the best public schools in Old Town?
The best public schools that serve Old Town are:
What are the best private schools in Old Town?
The best private schools that serve Old Town are:
What are the most popular zip codes in Old Town, Lansing, MI?
What are the most popular neighborhoods near Old Town, Lansing, MI?
Are home prices dropping in Old Town?
Yes, home prices in Old Town are down 83% in the last 12 months.
Home Trends in Old Town, MI
On average, homes in Old Town, Lansing sell after 16 days on the market compared to the national average of 70 days. The median sale price for homes in Old Town, Lansing over the last 12 months is $350,000, down 88% from the median home sale price over the previous 12 months.
Median Sale Price
$350,000
Median Single Family Sale Price
$617,000
Median 2 Bedroom Sale Price
$89,900
Average Price Per Sq Ft
$251
Number of Homes for Sale
2
Last 12 months Home Sales
19
Median List Price
$431,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-88%