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Bankruptcy Homes in East Lansing, MI

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Lilac-ave-East-lansing-MI-48823
Bankruptcy
$139,230 EMV

Lilac Ave
East Lansing, MI 48823

2 Bed | 1.5 Bath | 959 Sq. Ft.

Willet-way-East-lansing-MI-48823
Bankruptcy

Willet Way
East Lansing, MI 48823

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Foreclosure Homes in East Lansing, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the East Lansing, MI area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in East Lansing, MI and much more. Save thousands at closing with home foreclosure listings in East Lansing, MI — up to 75% off market value!


Top Reasons To Live In East Lansing, MI In 2021

East Lansing is located in Ingham, Michigan, with an estimated municipal population of 48,145 residents. All of the best foreclosed homes for sale in East Lansing are located in the following zip code areas on Foreclosure.com: 48825 48823 48826. The estimated population per square kilometer (.62 miles) in East Lansing is 1,384.


Cost Of Living In East Lansing, MI

So, about how much do homes cost in East Lansing? The most recent median value of resident-owned homes in East Lansing is 192,997. An estimated 35.6 percent of households in East Lansing own their homes, with an average family size of 2.92. The median household income in East Lansing is 39,867, with22.4 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Lansing, the median commute time of resident workers (in minutes) is 16.3. And last, but certainly not least, are you looking for homes to rent in East Lansing? If so, the average rent price paid by renters in East Lansing is 952, according to recent statistics.


Diversity And Demographics In East Lansing, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to East Lansing, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in East Lansing is 21.4, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in East Lansing is 17.3, with an average family size of 2.92.

The percentage of residents who report their race in East Lansing is as follows:

White 75.9%
Black / African American 6.8%
Asian 12.5%
American Indian / Alaskan Native 0.3%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.6%
Other 0.9%

Looking for family-friendly neighborhoods in and/or near East Lansing? Or maybe you are searching for 55+ active adult communities in and/or near East Lansing?

The percentage of residents who report their age in East Lansing is as follows:

Under 10 4.9%
Aged 10-19 28.2%
20s 42.5%
30s 6.9%
40s 3.9%
50s 4%
60s 4.7%
70s 2.8%
80+ 2.3%

Best Schools In East Lansing, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in East Lansing with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in East Lansing.


Pros And Cons Of Living In East Lansing, Michigan

How do you know that living in -- or moving to -- East Lansing is right where you need to be? Perhaps you grew up in East Lansing or already live nearby; therefore, the decision to buy a home in East Lansing is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to East Lansing for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in East Lansing:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like East Lansing.


Reasons To Move To East Lansing, Michigan, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in East Lansing can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in East Lansing, meanwhile, can field multiple offers from more qualified buyers.

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