$6,233 Closing Credit*
$524,900
3,730 SqFt
4 Beds
•3 Full Baths, 1 Partial
Carol Farnan, Listing Office: FIRST CHOICE REALTY
Is Mount Pleasant, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Mount Pleasant has remained a Seller's Market.
Key Takeaway
Mount Pleasant is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mount Pleasant, MI
How much do homes in Mount Pleasant, MI cost?
Median Sold Price
$193,625
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$7,425(+4.0%)
Key Takeaway
Homes in Mount Pleasant have sold for 4% more than they did a year ago.
Summary: The median home sold price in Mount Pleasant was $193,625 in August 2024, up 4% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $157.5K | $114K | -27.6% |
| 2 Bedrooms | $132.5K | $136.5K | +3.0% |
| 3 Bedrooms | $179K | $185K | +3.4% |
| 4 Bedrooms | $281K | $238K | -15.3% |
| 5+ Bedrooms | $314.5K | $350K | +11.3% |
Summary: Mount Pleasant housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.6%, 2 bedroom homes increased by 3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 15.3%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
| Mount Pleasant | $186.2K | $193.6K | +4.0% |
| Union Charter Township | $240K | $220K | -8.3% |
Housing Supply in Mount Pleasant, MI
How many homes are available in Mount Pleasant, MI?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 162 | 163 | +0.6% |
Summary: The Mount Pleasant real estate market had 163 homes for sale in August 2024, a 0.6% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 20 | 29 | +45.0% |
| 3 Bedrooms | 86 | 81 | -5.8% |
| 4 Bedrooms | 46 | 43 | -6.5% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Mount Pleasant housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 45%, 3 bedroom homes decreased by 5.8%, 4 bedroom homes decreased by 6.5%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 41 | 43 | +4.9% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mount Pleasant, you may be able to get a good deal. 51.2% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in Mount Pleasant in August 2024, up by 4.9% month-over-month. Of the 43 sold homes, 51% were sold under asking, 26% were sold at asking, and 23% were sold over asking.
Days on Market for Mount Pleasant, MI
How long does it take to sell a home in Mount Pleasant, MI?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 84 Days | 56 Days | -32.9% |
Summary: Homes in Mount Pleasant had an average of 56 days on market in Aug 2024, down by 32.9% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Mount Pleasant has remained consistent over time.
Summary: During August 2024, 43 homes were sold in Mount Pleasant; 30% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.