Is Mount Pleasant, WI 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

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, WI

How much do homes in Mount Pleasant, WI cost?

Median Sold Price

$285,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$18,500(+6.9%)

Key Takeaway

Homes in Mount Pleasant have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Mount Pleasant was $285,000 in November 2024, up 6.9% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $133K$150K
+12.8%
2 $180K$194.9K
+8.3%
3 $297.5K$322.5K
+8.4%
4 $390K$437.5K
+12.2%
5+ $416.5K$479K
+15.0%

Summary: Mount Pleasant housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes increased by 15%.

Median Sold Price Compared To Nearby Cities

Elmwood Park
+10.9%
Sturtevant
+7.8%
Mount Pleasant
+6.9%
Racine
+3.1%
Caledonia
+1.8%

Housing Supply in Mount Pleasant, WI

How many homes are available in Mount Pleasant, WI?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
141119-15.6%

Summary: The Mount Pleasant real estate market had 119 homes for sale in November 2024, a 15.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 42
-50.0%
2 3932
-17.9%
3 5947
-20.3%
4 3230
-6.3%
5+ 78
+14.3%

Summary: The Mount Pleasant housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 17.9%, 3 bedroom homes decreased by 20.3%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5043-14.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

18 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. 41.9% of homes here sold above asking price last month.

Summary: A total of 43 homes were sold or pending in Mount Pleasant in November 2024, down by 14.0% month-over-month. Of the 43 sold homes, 35% were sold under asking, 23% were sold at asking, and 42% were sold over asking.

Days on Market for Mount Pleasant, WI

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 Mount Pleasant, WI

Nearby Markets to Mount Pleasant, WI

What housing markets are near Mount Pleasant, WI?