Is Pleasant Lake, MI a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Pleasant Lake is a seller'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



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Pleasant Lake have sold for 16.1% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 $150K$112K
2 $305.7K$161K
3 $285.9K$251.2K
4 $273.5K$192K
5+ $315K$205K

Median Sold Price Compared To Nearby Cities

Rives Township
Pleasant Lake
Henrietta Township

How many homes are available in Pleasant Lake, MI?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 33
3 40
4 03
5+ 00

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

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 2022May 2023%
20 Days92 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pleasant Lake are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

What housing markets are near Pleasant Lake, MI?

About Pleasant Lake, MI

Number of homes for sale in Pleasant Lake, MI real estate market have reached 6. In May 2023 in Pleasant Lake, MI there were 14.3% less homes for sale than in April 2023. Listings spent 92 days on the market in May 2023, and had a median list price of $239,000 during the same period. Real estate listing prices changed between April 2023 and May 2023: prices of 1 bedroom properties went down by 25.3%, prices of 2 bedrooms properties went down by 47.3%, 3 bedrooms properties became 12.1% more cheaper, prices of 4 bedrooms properties decreased by 29.8%, prices of 5 bedrooms properties decreased by 34.9%. Volume of homes for sale in this real estate market have seen the following changes: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes remained the same, volume of 3 bedrooms homes went down by 100%, volume of 4 bedrooms homes went up by 100%, 5 bedrooms homes inventory did not change. Over 1 listings were sold over their listed price in May 2023 in Pleasant Lake, MI. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price.