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Mount Pleasant, WI 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 Q3 2022. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2020 (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, WI Housing Market Trends

With a population of 27,646, 11,320 total housing units (homes and apartments), and a median house value of $314,427, Mount Pleasant real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Mount Pleasant, accounting for 61.31% of the village's housing units. Other types of housing that are prevalent in Mount Pleasant include large apartment complexes or high rise apartments ( 23.80%), duplexes, homes converted to apartments or other small apartment buildings ( 7.47%), and a few row houses and other attached homes ( 7.37%).

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 77.94% of Mount Pleasant's homes, and 59.85% 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 2000 and later ( 25.06%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.71%). There's also some housing in Mount Pleasant built before 1939 ( 5.92%).

Mount Pleasant Home Appreciation Rates

Appreciation rates for homes in Mount Pleasant have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 74.83%, which ranks in the top 50% nationwide. This equates to an annual average Mount Pleasant house appreciation rate of 5.75%.

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 11.75%, 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 3.75%, which equates to an annual appreciation rate of 15.89%.

Relative to Wisconsin, our data show that Mount Pleasant's latest annual appreciation rate is lower than 80% of the other cities and towns in Wisconsin.

One very important thing to keep in mind is that these are average appreciation rates for the village. 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:
$314,427

Mount Pleasant, WI HOME PRICES

> $1,438,000
$1,078,001 - $1,438,000
$719,001 - $1,078,000
$575,001 - $719,000
$431,001 - $575,000
$288,001 - $431,000
$144,001 - $288,000
$72,001 - $144,000
$0 - $72,000
0.2%
0.2%
0.1%
0.1%
1.2%
1.2%
3.9%
3.9%
9.5%
9.5%
32.6%
32.6%
36.5%
36.5%
13.8%
13.8%
2.3%
2.3%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

High for WI

Value Relative To Nation

Number Of Homes And Apartments:
11,320

Mount Pleasant Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2022 Q2 - 2022 Q3
Last 12 Months:
2021 Q3 - 2022 Q3
Last 2 Years:
2020 Q3 - 2022 Q3
Last 5 Years:
2017 Q3 - 2022 Q3
Last 10 Years:
2012 Q3 - 2022 Q3
Since 2000:
2000 Q1 - 2022 Q3
87.86% 2.81%
3
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,319 / per month

Homeownership Rate

Owners
Renters
Vacant
77.9%
77.9%
22.1%
22.1%
4.3%
4.3%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
25.1%
25.1%
46.3%
46.3%
22.7%
22.7%
5.9%
5.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
61.3%
61.3%
7.4%
7.4%
7.5%
7.5%
23.8%
23.8%
0.1%
0.1%
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
0.8%
0.8%
4.5%
4.5%
32.8%
32.8%
40.6%
40.6%
19.2%
19.2%
2.0%
2.0%
0.0% 100.0%
% OF HOMES