Is Mount Pleasant, OH 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 October 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, OH

How much do homes in Mount Pleasant, OH cost?

Median Sold Price

$75,000

$35/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,100(+21.2%)

Key Takeaway

Homes in Mount Pleasant have sold for 21.2% more than they did a year ago.

Summary: The median home sold price in Mount Pleasant was $75,000 in October 2024, up 21.2% from last year, and the median price per square foot was $35.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $27K-
N/A
2 $51K$74.9K
+46.9%
3 $58K$62.5K
+7.8%
4 $61K$74K
+21.3%
5+ $80K$95K
+18.8%

Summary: Mount Pleasant housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.9%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 21.3%, and 5+ bedroom homes increased by 18.8%.

Median Sold Price Compared To Nearby Neighborhoods

Shaker Overlook
+30.5%
Mount Pleasant
+21.2%

Housing Supply in Mount Pleasant, OH

How many homes are available in Mount Pleasant, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
102107+4.9%

Summary: The Mount Pleasant real estate market had 107 homes for sale in October 2024, a 4.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 3035
+16.7%
4 4444
0.0%
5+ 2321
-8.7%

Summary: The Mount Pleasant 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 increased by 40%, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 8.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1930+57.9%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mount Pleasant, you may be able to get a good deal. 43.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in Mount Pleasant in October 2024, up by 57.9% month-over-month. Of the 30 sold homes, 43% were sold under asking, 23% were sold at asking, and 33% were sold over asking.

Days on Market for Mount Pleasant, OH

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

Average Sale Time

Oct 2023Oct 2024CHANGE
33 Days47 Days+41.8%

Summary: Homes in Mount Pleasant had an average of 47 days on market in Oct 2024, up by 41.8% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

6 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 October 2024, 30 homes were sold in Mount Pleasant; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Mount Pleasant, OH

Nearby Markets to Mount Pleasant, OH