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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Lake is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 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.

Housing Prices in Pleasant Lake, IN

How much do homes in Pleasant Lake, IN cost?

Median Sold Price

$275,000

$109/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$123,000(+80.9%)

Key Takeaway

Homes in Pleasant Lake have sold for 80.9% more than they did a month ago.

Summary: The median home sold price in Pleasant Lake was $275,000 in October 2024, up 80.9% from last month, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $390K$360K
-7.7%
3 $152K$190K
+25.0%
4 $90K-
N/A
5+ --
N/A

Summary: Pleasant Lake housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 7.7%, 3 bedroom homes increased by 25%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Pleasant Lake
+80.9%
Steuben Township
+13.6%
Pleasant Township
+4.3%
Salem Township
-17.7%
Otsego Township
-40.6%

Housing Supply in Pleasant Lake, IN

How many homes are available in Pleasant Lake, IN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
108-20.0%

Summary: The Pleasant Lake real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 43
-25.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Pleasant Lake housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Lake, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Pleasant Lake in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Pleasant Lake, IN

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Pleasant Lake, IN

Nearby Markets to Pleasant Lake, IN

What housing markets are near Pleasant Lake, IN?