Mount Pleasant, WI Real Estate

Mt. Pleasant Real Estate

The Village of Mount Pleasant offers a “small town” lifestyle with a feeling of calm and tranquility. Mount Pleasant is filled with new residential developments and various industrial businesses. Populated by approximately 26,000 residents, Mount Pleasant is located within the “corridor” between Milwaukee and Chicago. Serviced by I-94, the village is highly desirable for people who want to reside in a quiet and safe area, but need to work in the metropolitan cities. Positioned on the Lake Michigan shoreline, Mount Pleasant offers recreational activities for the entire family.

Real Estate
The village’s housing market offers affordable options ranging from single-story to two-story homes and condominiums in unique neighborhoods. Approximately 120 new homes are built a year and the village currently boasts a total of more than 9,500 residences. The average housing cost in Mount Pleasant is $170,640, and the cost of living is currently 13.70% lower than the U.S. average.

Amenities
The Mount Pleasant area provides opportunities for many activities that the whole family can enjoy. With various restaurants, hotels and the shores of Lake Michigan nearby, the area provides many recreational opportunities.

Lake Michigan offers water sports such as boating, fishing, and swimming. There is access to beaches and docks with an abundance of amenities. The Racine Zoological Gardens allow visitors to observe wildlife including: giraffes, rhinos, tigers, and kangaroos.

Mount Pleasant provides transportation assistance ranging from Amtrak to Belle Urban System that offer safe public service.

A short drive east from Mount Pleasant is the city of Racine. Racine offers larger city amenities, annual festivals, repaved bike paths, and shopping in the newly-renovated downtown.

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Market Conditions

Market Conditions for Mount Pleasant - April 2025 | Shorewest Realtors®

April 2025

Market Conditions for Mount Pleasant

Median Sale Price $315,000

DOWN -12.49% vs. Month Ago

Homes for Sale 65 UP 25%

UP 25% vs. Month Ago

Homes Sold 29

UP 20.83% vs. Month Ago

Avg Days on Market 24

UP 4.34% vs. Month Ago

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Median Sale Price

The median sale price for homes in April was $315,000. The median sales price for homes in April fell by ($44,995) compared to last month. This represents a 12.49% decrease from March. Compared to the same month last year, the median price of homes fell by ($15,000) representing a -4.54% year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Homes for Sale

The inventory of homes for sale rose by 13 in April to 65. This represents 25% increase from March when 52 homes were on the market. Compared to the same month last year when there were 29 homes for sale, the inventory of homes for sale has risen by 36 representing a 124.13% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

Homes Sold

The 29 homes sold in April was 5 more than in March. This represents a 20.83% increase in sales from March. Compared to the same month last year, the number of homes sold did not change 0, a 0% year-over-year .

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Avg Days on Market

The average days on market for a home sold in April (24) increased by 1 days compared to March. This represents a 4.34% increase in days on market for homes in the market from the previous month. Compared to the same month last year, the days on market for homes sold decreased by 2, a -7.69% year-over-year change.

Average Days on Market is the time period between the date when a home is listed for sale in an MLS system and the date it is sold.

Sale/List Price Ratio

The Sale/List Price Ratio of 99.34% in April fell by 0.57% compared to March and decreased 1.1% compared to the same period last year.

Sale/List Price Ratio is the sale price of a listing divided by the original list price expressed as a percentage. The Sale/List Price Ratio for the market is determined by adding the Sale/List Price Ratio for each listing sold in the market during the month and dividing by the number of listings sold during the month.

New Homes

The number of homes listed in April (50) rose by 17 compared to March, a 51.51% change. Compared to April 2024, the number of new listings increased by 8, a 19.04% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

Median List Price

The median list price in April was $399,950. The median list price for homes in April rose by $49,960 compared to last month. This represents a 14.27% increase from March. Compared to the same month last year, the median list price of homes increased $107,450 representing a 36.73% year-over-year increase.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.

Businesses