Mount Pleasant, MI metro area Housing Market

Cold Market

Comprehensive housing market data for the Mount Pleasant, MI metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$205K

6.8% YoY

Days on Market

71 days

0.0% YoY

Active Inventory

174

13.7% YoY

Homes Sold

29

32.6% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Mount Pleasant, MI metro area Market Summary

The Mount Pleasant, MI metro area housing market is cooling down. As of January 2026, the median home sale price is $205K, down 6.8% year-over-year. Homes are spending a median of 71 days on the market, 0.0% shorter than a year ago.

There are 174 homes for sale — 13.7% more than last year. With 6.0 months of supply, this is a balanced market. 32 new listings were added during this period, down 27.3% year-over-year.

Homes are selling for 95.4% of their list price on average, suggesting room for negotiation. 20.7% of homes sell above their asking price. 18.4% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 6.0
Days on Market 71
Price Drops 18.4%
Sale-to-List Ratio 95.4%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 51.5%
Days on Market (National: 66) 7.6%
Inventory (National: 1,210,379) 100.0%

vs. Michigan Median

Median Price (Michigan: $255K) 19.4%
Days on Market (Michigan: 52) 36.5%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 52% below the national median, which could indicate stronger cash flow potential.

Mount Pleasant, MI metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$245K

Price per Sq Ft

$130

Sale-to-List Ratio

95.4%

Months of Supply

6.0

Sold Above List

20.7%

Price Drops

18.4%

New Listings

32

27.3% YoY

Pending Sales

43

Off Market in 2 Weeks

25.6%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.