Is Pleasant Lake, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2022
Since last year, Pleasant Lake has remained a Seller's Market.
Key Takeaway
Pleasant Lake is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Pleasant Lake, MI cost?
Median Sold Price
$239,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2022
-$45,900(-16.1%)
Key Takeaway
Homes in Pleasant Lake have sold for 16.1% less than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | May 2022 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | $150K | $112K | -25.3% |
| 2 Bedrooms | $305.7K | $161K | -47.3% |
| 3 Bedrooms | $285.9K | $251.2K | -12.1% |
| 4 Bedrooms | $273.5K | $192K | -29.8% |
| 5+ Bedrooms | $315K | $205K | -34.9% |
Median Sold Price Compared To Nearby Cities
| Munith | $200K | $254K | +27.0% |
| Rives Township | $219.9K | $274K | +24.6% |
| Pleasant Lake | $284.9K | $239K | -16.1% |
| Henrietta Township | $259K | $215K | -17.0% |
How many homes are available in Pleasant Lake, MI?
Number of Homes For Sale
| Apr 2023 | May 2023 | % |
|---|---|---|
| 7 | 6 | -14.3% |
Homes For Sale By Bedroom Count
| # BEDS | Apr 2023 | May 2023 | % |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 4 | 0 | -100.0% |
| 4 Bedrooms | 0 | 3 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Number of Homes Sold
| Apr 2023 | May 2023 | % |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Lake, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
How long does it take to sell a home in Pleasant Lake, MI?
How long does it take to sell a home in Pleasant Lake, MI?
Average Sale Time
| May 2022 | May 2023 | % |
|---|---|---|
| 20 Days | 92 Days | +351.2% |
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Lake are selling fast, if you're buying plan to act quickly.
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.