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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Mount Pleasant, PA Real Estate Market

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 Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Mount Pleasant, PA Housing Market Trends

With a population of 4,184, 2,041 total housing units (homes and apartments), and a median house value of $138,565, house prices in Mount Pleasant are some of the most affordable in Pennsylvania as well as the nation.

Single-family detached homes are the single most common housing type in Mount Pleasant, accounting for 70.31% of the borough's housing units. Other types of housing that are prevalent in Mount Pleasant include duplexes, homes converted to apartments or other small apartment buildings ( 16.67%), large apartment complexes or high rise apartments ( 10.60%), and a few row houses and other attached homes ( 2.43%).

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 65.35% of Mount Pleasant's homes, and 50.45% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Mount Pleasant's housing was primarily built during this period, from the '40s through the '60s. A full 42.50% of the borough's housing hails from this era. Other housing ages represented in Mount Pleasant include homes built before 1939 ( 35.67%) and housing constructed between 1970-1999 ( 20.04%). There's also some housing in Mount Pleasant built between 2000 and later ( 1.80%).

Mount Pleasant Home Appreciation Rates

Some of the lowest real estate appreciation rates in America over the last ten years have been in Mount Pleasant, where house values have increased just 48.88%, which is annualized rate of 4.06%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.

NeighborhoodScout's data show that during the latest twelve months, Mount Pleasant's appreciation rate, at 5.71%, has been at or slightly above the national average. In the latest quarter, Mount Pleasant's appreciation rate has been 0.00%, which annualizes to a rate of 0.00%.

Relative to Pennsylvania, our data show that Mount Pleasant's latest annual appreciation rate is higher than 50% of the other cities and towns in Pennsylvania.

One very important thing to keep in mind is that these are average appreciation rates for the borough. Individual neighborhoods within Mount Pleasant differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Mount Pleasant - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Mount Pleasant real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$138,565

Mount Pleasant, PA Home Prices
> $1,057,000
$792,001 - $1,057,000
$528,001 - $792,000
$423,001 - $528,000
$317,001 - $423,000
$212,001 - $317,000
$106,001 - $212,000
$53,001 - $106,000
$0 - $53,000
0.0%
0.0%
0.5%
0.5%
0.0%
0.0%
0.0%
0.0%
1.4%
1.4%
7.0%
7.0%
61.7%
61.7%
26.9%
26.9%
2.4%
2.4%
0% 100.0%
% of Homes
Very Low

for Pennsylvania

Very Low

for nation

Number of Homes And Apartments:

2,041

Mount Pleasant Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,098 / per month

Homeownership Rate

Owners
Renters
65.4%
65.4%
34.6%
34.6%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
8.3%
8.3%
91.7%
91.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.8%
1.8%
20.0%
20.0%
42.5%
42.5%
35.7%
35.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
70.3%
70.3%
2.4%
2.4%
16.7%
16.7%
10.6%
10.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.3%
0.3%
14.8%
14.8%
34.4%
34.4%
42.0%
42.0%
8.4%
8.4%
0.1%
0.1%
0% 100.0%
% of Homes