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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (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 27,082, 11,165 total housing units (homes and apartments), and a median house value of $236,594, 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 61.62% of the village's housing units. Other types of housing that are prevalent in Mount Pleasant include large apartment complexes or high rise apartments ( 24.93%), duplexes, homes converted to apartments or other small apartment buildings ( 6.99%), and a few row houses and other attached homes ( 6.33%).

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 76.32% of Mount Pleasant's homes, and 58.87% 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 ( 25.19%). A lesser amount of the housing stock also hails from between 2000 and later ( 23.03%). There's also some housing in Mount Pleasant built before 1939 ( 5.74%).

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 2.42% 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 4.02%, 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 1.93%, which equates to an annual appreciation rate of 7.93%.

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:
$236,594

Mount Pleasant, WI HOME PRICES

> $1,204,000
0.4%
0.4%
$903,001 - $1,204,000
0.1%
0.1%
$602,001 - $903,000
1.3%
1.3%
$482,001 - $602,000
3.3%
3.3%
$361,001 - $482,000
6.8%
6.8%
$241,001 - $361,000
28.2%
28.2%
$121,001 - $241,000
44.2%
44.2%
$60,001 - $121,000
13.0%
13.0%
$0 - $60,000
2.7%
2.7%
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:
11,165

Mount Pleasant Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
47.08% 1.85%
3
3
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,098 / per month

Homeownership Rate

Owners
76.3%
76.3%
Renters
23.7%
23.7%
Vacant
5.5%
5.5%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
23.0%
23.0%
1970 - 1999
46.0%
46.0%
1940 - 1969
25.2%
25.2%
1939 or Older
5.7%
5.7%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
61.6%
61.6%
Townhomes
6.3%
6.3%
Small Apt. Buildings
7.0%
7.0%
Apt. Complexes
24.9%
24.9%
Mobile Homes
0.1%
0.1%
Other
0.1%
0.1%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.3%
1.3%
1 Bedroom
5.2%
5.2%
2 Bedrooms
32.5%
32.5%
3 Bedrooms
41.4%
41.4%
4 Bedrooms
17.5%
17.5%
5 or more bedrooms
2.1%
2.1%
0.0% 100.0%
% OF HOMES