Is Mount Pleasant, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mount Pleasant is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mount Pleasant was a Neutral 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, NC

How much do homes in Mount Pleasant, NC cost?

Median Sold Price

$334,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,000(+2.8%)

Key Takeaway

Homes in Mount Pleasant have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Mount Pleasant was $334,000 in November 2024, up 2.8% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $252.7K$299.9K
+18.7%
3 $349.9K$334K
-4.6%
4 $437.5K$397.5K
-9.1%
5+ $445K$480K
+7.9%

Summary: Mount Pleasant housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes decreased by 4.6%, 4 bedroom homes decreased by 9.1%, and 5+ bedroom homes increased by 7.9%.

Housing Supply in Mount Pleasant, NC

How many homes are available in Mount Pleasant, NC?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1614-12.5%

Summary: The Mount Pleasant real estate market had 14 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 74
-42.9%
4 77
0.0%
5+ 00
0.0%

Summary: The Mount Pleasant housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Pleasant, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Mount Pleasant in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Mount Pleasant, NC

How long does it take to sell a home in Mount Pleasant, NC?

Average Sale Time

Nov 2023Nov 2024CHANGE
9 Days5 Days-42.9%

Summary: Homes in Mount Pleasant had an average of 5 days on market in Nov 2024, down by 42.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Mount Pleasant; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 21 Days Ago

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