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Housing in Edgemont Park

A typical Edgemont Park home is worth roughly $194,000

The median sale price was $212,000 in May 2026.

Typical home value
$194K
▲ 4.5% in a year · MI $232K
Estimate
Median sale price
$212K
May 2026 · Redfin
Homes sold
4
in May · 3 for sale
2-bedroom rent
$1,300
a month, utilities in · HUD
Median tax bill
$2,930
MI $2,904

Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.

What kind of housing town is Edgemont Park?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 3.1 years of income

About the same as across Michigan. Try your own numbers below.

You could afford about
$218,000
Typical Edgemont Park home $194K

That covers a typical Edgemont Park home, with $24K to spare.

The typical home, each month
$1,310
Loan $960Tax $290Insurance $60

A two-bedroom rents for about $1,300 a month here, $10 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Edgemont Park’s typical property tax (1.80% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 48% in 5 years

The federal house price index for the ZIP code around Edgemont Park rose 48% over the past 5 years, slower than across Michigan (52%). Last year prices rose 4.5%. Carrying the Census median home value forward with that index puts the typical Edgemont Park home at roughly $194,000 today.

Edgemont Park areaMichigan
−50%0%+50%+100%200020052010201520202025
+4.5%
past year
+48%
past 5 years
+96%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $194K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Edgemont Park, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $1,300

Renters already here pay a median of $774, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,000
1 bedroom$1,040
2 bedrooms$1,300
3 bedrooms$1,670
4 bedrooms$1,720
32%
of households rent · MI 27%
328
renter households
56%
of renters spend 30%+ of income on rent · MI 50%
25%
of the median income, for a two-bedroom
$774
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lansing-East Lansing, MI MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

68% of Edgemont Park households own their home

Half of Edgemont Park’s homes were built before 1959.

Owners and renters
Own 68%Rent 32%

Michigan: 73% own.

1959
typical home built · MI 1972
$2,930
median property tax bill · MI $2,904
1.80%
of a home’s value, a year in tax · MI 1.25%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Edgemont Park vs. its neighbors

Edgemont Park is the priciest of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Edgemont Park$194K*+4.5%†$1,300—$62,543
Lansing$169K+2.1%$1,2901$48,450
Lansing$129K*+4.7%†$1,230245$54,382

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Edgemont Park buyers, sellers and renters are saying.

Town Square →
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Is Edgemont Park still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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