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.
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
$262
Number of Homes for Sale
2
Last 12 months Home Sales
19
Median List Price
$649,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-88%
