Mount Pleasant, NC


Highest Appreciating Mount Pleasant Neighborhoods Since 2000

Mount Pleasant, NC Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Mount Pleasant Housing Market Information

With a population of 1,821, 609 total housing units (homes and apartments), and a median house value of $174,031, Mount Pleasant real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Mount Pleasant, accounting for 79.47% of the town's housing units. Other types of housing that are prevalent in Mount Pleasant include duplexes, homes converted to apartments or other small apartment buildings ( 9.29%), mobile homes or trailers ( 4.85%), and a few row houses and other attached homes ( 3.47%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mount Pleasant. Owner-occupied housing accounts for 70.83% of Mount Pleasant's homes, and 62.00% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Mount Pleasant built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mount Pleasant built between 1940-1969 ( 31.76%). A lesser amount of the housing stock also hails from between 2000 and later ( 17.61%). There's also some housing in Mount Pleasant built before 1939 ( 17.61%).

Vacant housing appears to be an issue in Mount Pleasant. Fully 15.53% of the housing stock is classified as vacant. Left unchecked, vacant Mount Pleasant homes and apartments can be a drag on the real estate market, holding Mount Pleasant real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Mount Pleasant Home Appreciation Rates

Real estate appreciation rates in Mount Pleasant's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.22% during the period.

Over the last year, Mount Pleasant appreciation rates have trailed the rest of the nation. In the last twelve months, Mount Pleasant's appreciation rate has been 1.41%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Pleasant were at 1.88%, which equates to an annual appreciation rate of 7.72%.

Importantly, this makes Mount Pleasant one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to North Carolina, our data show that Mount Pleasant's latest annual appreciation rate is lower than 70% of the other cities and towns in North Carolina.

Average Home Values


Median Home Value:

Mount Pleasant, NC HOME PRICES

Value Range
> $1,083,000 0.0
$812,001 - $1,083,000 1.2
$541,001 - $812,000 3.6
$433,001 - $541,000 1.8
$325,001 - $433,000 7.5
$216,001 - $325,000 23.2
$108,001 - $216,000 47.8
$54,001 - $108,000 13.3
$0 - $54,000 1.6

High for NC
Average for Nation

Value Relative to Nation Value Relative to State
40.2437595218563 32.1234119782214

Number Of Homes And Apartments:

Mount Pleasant Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
22.92% 1.20% 5 2
* 10 is highest

Rent & Ownership


Average Market Rent:
$985 / per month

Homeownership Rate

Owners 70.83
Renters 29.17
Vacant 15.53

Housing Market Details


Age of Homes

AGE OF Mount Pleasant HOMES
2000 or Newer 17.6
1970 - 1999 33.0
1940 - 1969 31.8
1939 or Older 17.6

Types of Homes

TYPE OF Mount Pleasant HOMES
Single-Family 79.5
Townhomes 3.5
Small Apt. Buildings 9.3
Apt. Complexes 2.9
Mobile Homes 4.9
Other 0.0

Home Size

SIZE OF Mount Pleasant HOMES
No Bedroom 3.05
1 Bedroom 4.58
2 Bedrooms 27.46
3 Bedrooms 49.38
4 Bedrooms 12.62
5 or more bedrooms 2.91

Popular Neighborhoods in Mount Pleasant

Zip Codes in Mount Pleasant, NC