A typical Okemos home is worth about $370,000
Up 0.9% in a year, 39% above the Michigan typical home. Homes typically sell in 35 days, close to asking.
What kind of housing town is Okemos?
Read from the numbers below. The page puts what stands out first.
A typical home costs 3.6 years of income
About the same as across Michigan. Try your own numbers below.
That’s $18K short of a typical Okemos home.
A two-bedroom rents for about $1,490 a month here, $1,030 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Okemos’s typical property tax (1.89% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A seller's market
Supply is tight — about 2 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Under ~4 months of supply favors sellers; over ~6 favors buyers.
Redfin Data Center, all residential sales, May 2026.
Up 24.4% in five years
About the same pace as Michigan (24.1%).
Show as a table
| January | Okemos | Michigan |
|---|---|---|
| 2017 | $218,000 | $144,000 |
| 2018 | $234,000 | $155,000 |
| 2019 | $243,000 | $165,000 |
| 2020 | $255,000 | $175,000 |
| 2021 | $279,000 | $194,000 |
| 2022 | $300,000 | $217,000 |
| 2023 | $327,000 | $230,000 |
| 2024 | $342,000 | $241,000 |
| 2025 | $359,000 | $253,000 |
| 2026 | $370,000 | $262,000 |
| August 2026 | $370,000 | $266,000 |
A typical Okemos home worth $212K in September 2016 is worth about $370K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A two-bedroom rents for about $1,490
Renters already here pay a median of $1,298, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
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.
59% of Okemos households own their home
Half of Okemos’s homes were built before 1983.
Michigan: 73% own.
U.S. Census Bureau, American Community Survey 2020-2024.
Okemos vs. its neighbors
Okemos is the priciest of 5 neighboring towns. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Okemos | $370K | +0.9% | $1,490 | — | $102,612 |
| Haslett | $310K | +3.2% | $1,320 | — | $74,031 |
| Lansing | $129K* | +4.7%† | $1,230 | 245 | $54,382 |
| Meridian | $331K* | +4.2%† | $1,430 | 188 | $86,909 |
| East Lansing | $323K | +4% | $1,440 | 5 | $45,687 |
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 Okemos buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. 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.