Mount Pleasant, WI 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.

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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.

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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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Mount Pleasant properties for sale

Schools
  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Fine Arts Elementary School (Racine) Racine Unified School District public 338 Not Provided Fine Arts Elementary School GreatSchools Rating
Fratt Elementary School (Racine) Racine Unified School District public 548 Not Provided Fratt Elementary School GreatSchools Rating
Giese Elementary School (Racine) Racine Unified School District public 344 Not Provided Giese Elementary School GreatSchools Rating
Gifford Elementary School (Racine) Racine Unified School District public 911 Not Provided Gifford Elementary School GreatSchools Rating
Goodland Elementary School (Racine) Racine Unified School District public 389 Not Provided Goodland Elementary School GreatSchools Rating
Janes Elementary School (Racine) Racine Unified School District public 382 Not Provided Janes Elementary School GreatSchools Rating
Jefferson Lighthouse Elementary School (Racine) Racine Unified School District public 613 Not Provided Jefferson Lighthouse Elementary School GreatSchools Rating
Jerstad-Agerholm Elementary School (Racine) Racine Unified School District public 341 Not Provided Jerstad-Agerholm Elementary School GreatSchools Rating
Johnson Elementary School (Racine) Racine Unified School District public 601 Not Provided Johnson Elementary School GreatSchools Rating
Jones Elementary School (Racine) Racine Unified School District public 475 Not Provided Jones Elementary School GreatSchools Rating
Julian Thomas Elementary School (Racine) Racine Unified School District public 592 Not Provided Julian Thomas Elementary School GreatSchools Rating
Knapp Elementary School (Racine) Racine Unified School District public 419 Not Provided Knapp Elementary School GreatSchools Rating
Mitchell Elementary School (Racine) Racine Unified School District public 454 Not Provided Mitchell Elementary School GreatSchools Rating
North Park Elementary School (Racine) Racine Unified School District public 381 Not Provided North Park Elementary School GreatSchools Rating
O Brown Elementary School (Racine) Racine Unified School District public 466 Not Provided O Brown Elementary School GreatSchools Rating
Racine Baptist School (Mount Pleasant) private 0 Not Provided Racine Baptist School GreatSchools Rating
Racine Civil Leaders Academyemy (Racine) Racine Unified School District charter 0 Not Provided Racine Civil Leaders Academyemy GreatSchools Rating
Red Apple Elementary School (Racine) Racine Unified School District public 439 Not Provided Red Apple Elementary School GreatSchools Rating
Roosevelt Elementary School (Racine) Racine Unified School District public 359 Not Provided Roosevelt Elementary School GreatSchools Rating
Schulte Elementary School (Sturtevant) Racine Unified School District public 440 Not Provided Schulte Elementary School GreatSchools Rating
Wadewitz Elementary School (Racine) Racine Unified School District public 586 Not Provided Wadewitz Elementary School GreatSchools Rating
West Ridge Elementary School (Racine) Racine Unified School District public 575 Not Provided West Ridge Elementary School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Gilmore Middle School (Racine) Racine Unified School District public 745 Not Provided Gilmore Middle School GreatSchools Rating
Jerstad-Agerholm Middle School (Racine) Racine Unified School District public 661 Not Provided Jerstad-Agerholm Middle School GreatSchools Rating
Mckinley Middle School (Racine) Racine Unified School District public 779 Not Provided Mckinley Middle School GreatSchools Rating
Mitchell Middle School (Racine) Racine Unified School District public 710 Not Provided Mitchell Middle School GreatSchools Rating
Starbuck Middle School (Racine) Racine Unified School District public 765 Not Provided Starbuck Middle School GreatSchools Rating
Walden Iii Middle School (Racine) Racine Unified School District public 238 Not Provided Walden Iii Middle School GreatSchools Rating
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  District Type Enrollment # Student Teacher Ratio GreatSchool Rank
Case High School (Racine) Racine Unified School District public 1818 Not Provided Case High School GreatSchools Rating
Horlick High School (Racine) Racine Unified School District public 2058 Not Provided Horlick High School GreatSchools Rating
Park High School (Racine) Racine Unified School District public 1637 Not Provided Park High School GreatSchools Rating
The Real School (Racine) Racine Unified School District charter 319 Not Provided The Real School GreatSchools Rating
Walden Iii High School (Racine) Racine Unified School District public 308 Not Provided Walden Iii High School GreatSchools Rating
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Market Conditions

Market Conditions for Mount Pleasant

August 2017

Median Sale Price
$196,250

 UP 23.50%
vs. Month Ago
Homes for Sale
135

 UP 2.27%
vs. Month Ago
Homes Sold
52

 UP 15.55%
vs. Month Ago
Avg Days on Market
45

 UP 18.42%
vs. Month Ago

Median Sale Price

The median sale price for homes in August was $196,250. The median sales price for homes in August rose by $37,350 compared to last month. This represents a 23.5% increase from July. Compared to the same month last year, the median price of homes rose by $23,750 representing a 13.76% 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 3 in August to 135. This represents 2.27% increase from July when 132 homes were on the market. Compared to the same month last year when there were 158 homes for sale, the inventory of homes for sale has fallen by 23 representing a -14.55% 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 inventory of homes for sale rose by 3 in August to 135. This represents 2.27% increase from July when 132 homes were on the market. Compared to the same month last year when there were 158 homes for sale, the inventory of homes for sale has fallen by 23 representing a -14.55% 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.

Avg Days on Market

The average days on market for a home sold in August (45) increased by 7 days compared to July. This represents a 18.42% 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 32, a -41.55% 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 96.34% in August fell by 0.16% compared to July and increased 0.7% 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 August (50) remained level Compared to August 2016, the number of new listings decreased by 16, a -24.24% 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 Homes

The median list price in August was $247,400. The median list price for homes in August rose by $34,400 compared to last month. This represents a 16.15% increase from July. Compared to the same month last year, the median list price of homes increased $67,450 representing a 37.48% 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.




Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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