Mount Pleasant, WI
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Mount Pleasant Neighborhoods Since 2000




Mount Pleasant, WI 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 26,272, 11,106 total housing units (homes and apartments), and a median house value of $183,213, 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 63.98% of the village's housing units. Other types of housing that are prevalent in Mount Pleasant include large apartment complexes or high rise apartments ( 23.29%), duplexes, homes converted to apartments or other small apartment buildings ( 6.40%), and a few row houses and other attached homes ( 5.54%).

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 77.25% of Mount Pleasant's homes, and 59.99% 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 ( 25.77%). A lesser amount of the housing stock also hails from between 2000 and later ( 19.71%). There's also some housing in Mount Pleasant built before 1939 ( 5.75%).

Mount Pleasant Home Appreciation Rates

Homes have actually lost value in Mount Pleasant over the last then years, as home values have seen a decline of 19.76% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Mount Pleasant home appreciation rates at -0.83%, which equates to an annual appreciation rate of -3.29%.

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 0.20%, 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 -0.83%, which equates to an annual appreciation rate of -3.29%.

Notably, Mount Pleasant's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Wisconsin, our data show that Mount Pleasant's latest annual appreciation rate is lower than 90% 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:
$183,213

Mount Pleasant, WI HOME PRICES

Value Range
> $1,044,000 0.5
$783,001 - $1,044,000 0.4
$522,001 - $783,000 0.5
$418,001 - $522,000 1.5
$313,001 - $418,000 5.9
$209,001 - $313,000 27.7
$104,001 - $209,000 47.2
$52,001 - $104,000 14.0
$0 - $52,000 2.4

Average for WI
High for Nation

Value Relative to Nation Value Relative to State
37.0444157974921 40.6570841889117

Number Of Homes And Apartments:
11,106

Mount Pleasant Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
WI*
Compared To
America*
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
10.72% 0.59% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$831 / per month

Homeownership Rate

Homeownership
Owners 77.25
Renters 22.75
Vacant 6.72

Housing Market Details

 

Age of Homes

AGE OF Mount Pleasant HOMES
2000 or Newer 19.7
1970 - 1999 48.8
1940 - 1969 25.8
1939 or Older 5.8

Types of Homes

TYPE OF Mount Pleasant HOMES
Single-Family 64.0
Townhomes 5.5
Small Apt. Buildings 6.4
Apt. Complexes 23.3
Mobile Homes 0.7
Other 0.1

Home Size

SIZE OF Mount Pleasant HOMES
No Bedroom 1.23
1 Bedroom 6.64
2 Bedrooms 29.63
3 Bedrooms 46.28
4 Bedrooms 13.72
5 or more bedrooms 2.50