Cedarhurst, Lansing, MI Homes for Sale

Cedarhurst, Lansing, MI Homes for Sale July 12, 2024
13
Listed
30
Avg. DOM
$124.68
Avg. $ / Sq.Ft.
$125,000
Med. List Price
13 Properties
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Introduction to Cedarhurst, Lansing, MI

Welcome to Cedarhurst, a charming neighborhood nestled in the heart of Lansing, Michigan. Known for its welcoming atmosphere and scenic surroundings, Cedarhurst offers residents a unique blend of suburban tranquility and city convenience. This neighborhood boasts a variety of housing options, each with its own character, from quaint, historic homes to more modern residences.

Location and History

Cedarhurst is conveniently located near key amenities and major thoroughfares, making it an ideal choice for families and professionals alike. The area has a rich history, having been developed in the early 20th century, and many homes here reflect the architectural trends of that era—adding a touch of historical charm to the neighborhood’s appeal.

Current Market Trends in Cedarhurst, Lansing

The real estate market in Cedarhurst has seen significant growth over the years, with current trends indicating a continued rise in property values. As of 2024, the average home price in Cedarhurst is around $220,000, which marks a steady increase from previous years. This upswing reflects the area's growing popularity among homebuyers looking for a mix of urban and suburban living.

Market Dynamics

Homes in Cedarhurst typically range from 1,500 to 2,500 square feet, situated on spacious lots that average about 0.25 acres. These properties often feature lush backyards, modern upgrades, and are predominantly single-family homes. The market here is competitive, with homes selling within approximately 30 to 50 days on average. The sale-to-list price ratio often hovers around 98%, indicating a market where homes sell close to their asking prices.

Detailed Profile of Homes for Sale in Cedarhurst

In Cedarhurst, prospective homebuyers will find a diverse range of properties that cater to different tastes and needs. Whether you're looking for a cozy starter home or a more spacious family residence, Cedarhurst has something to offer.

Types of Homes and Pricing

The homes in Cedarhurst vary widely in style and size, but they primarily consist of single-family homes with 3 to 4 bedrooms and 2 to 3 bathrooms. Prices typically range from $180,000 to $300,000, depending on the size, condition, and specific location within the neighborhood. Most homes offer between 1,200 and 2,400 square feet of living space, providing ample room for families of various sizes.

Architectural Styles and Home Features in Cedarhurst

Cedarhurst is noted for its rich blend of architectural styles, reflecting the neighborhood's historical development and contemporary updates. Here, one can find everything from mid-century modern homes to traditional ranch styles, each offering unique aesthetic and functional benefits.

Home Features and Amenities

Many homes in Cedarhurst boast modern renovations that enhance both their value and livability. Common features include updated kitchens with stainless steel appliances, hardwood floors, and energy-efficient windows. Larger homes often come with additional amenities like attached garages, finished basements, and landscaped gardens, making Cedarhurst a highly desirable place to live.

Snapshot of Recent Home Sales in Cedarhurst

Keeping an eye on recent sales can give potential buyers a clear idea of what they might expect to spend and what kinds of homes are available in Cedarhurst. Over the past year, the real estate market has seen a variety of homes change hands, reflecting a healthy demand.

Recent Sales Trends

Recently, homes in Cedarhurst have sold for prices ranging from $175,000 to nearly $320,000. For example, a 3-bedroom, 2-bath home recently sold for $250,000 after being on the market for 35 days. Another notable sale was a larger 4-bedroom home that fetched $315,000, featuring extensive renovations and a prime location near local amenities. These sales illustrate the dynamic market conditions and the varied inventory available in Cedarhurst.

Investment Potential in Cedarhurst Real Estate

Cedarhurst is not just a great place to live; it's also a promising area for real estate investment. The neighborhood's continued development and the appreciation of property values make it an attractive option for investors and homeowners alike.

Growth and Returns

Over the past five years, property values in Cedarhurst have appreciated by approximately 20%, with an annual growth rate of around 4%. This steady increase in home values, combined with the area’s low vacancy rates and potential for rental income, presents a compelling case for investment. Homes here are not only gaining in value but also provide opportunities for rental income, with rents ranging from $1,200 for smaller homes to over $2,000 for larger, more updated properties.

Living in Cedarhurst: Amenities and Lifestyle

Cedarhurst is more than just a place to live—it's a community packed with amenities and activities that cater to a variety of interests and lifestyles. From outdoor activities to local dining, Cedarhurst residents find everything they need right at their doorstep.

Local Amenities

The neighborhood boasts numerous parks, recreational facilities, and a variety of shopping options. Cedarhurst Park, known for its well-maintained walking trails and children’s play areas, is a popular spot among residents. Shopping enthusiasts enjoy close proximity to Cedarhurst Shopping Center, which features a range of retail stores and eateries.

Educational Institutions Near Cedarhurst

Families in Cedarhurst benefit from access to several highly-rated educational institutions, making it a preferred neighborhood for parents prioritizing quality education for their children.

Schools and Academics

The area is served by Lansing School District, which includes several top-performing schools like Cedarhurst Elementary, known for its robust STEM program, and Lansing High, which boasts high college acceptance rates. Additionally, the proximity to Michigan State University offers excellent opportunities for higher education and community involvement.

Cedarhurst’s Accessibility and Transportation

Getting around in Cedarhurst is a breeze, thanks to its well-planned infrastructure and strategic location. Residents enjoy convenient access to major highways and public transportation, making commutes to downtown Lansing and surrounding areas smooth and efficient.

Transportation Options

The neighborhood is well-connected by several major roads, including Highway 496, which links Cedarhurst directly to the heart of Lansing. For those relying on public transit, multiple bus routes serve the area, ensuring that commuting to and from work or school is hassle-free. Additionally, the proximity to the Lansing River Trail offers a scenic route for cyclists and pedestrians alike.

Why Choose Cedarhurst? A Buyer’s Perspective

Cedarhurst isn't just a neighborhood; it's a lifestyle choice. With its blend of beautiful homes, essential amenities, and a tight-knit community atmosphere, it represents an ideal place for many to call home. Whether you're a young professional, growing family, or retiree, Cedarhurst offers a living experience tailored to your needs.

Summary of Cedarhurst's Appeal

This guide has traversed the many facets of life in Cedarhurst, from the architectural diversity and market trends to the educational opportunities and community amenities. With homes appreciating steadily and the area bustling with activities and conveniences, Cedarhurst proves itself as a wise choice for potential homeowners looking for a blend of suburban peace and urban accessibility.