Mount Pleasant housing market
Typical home value
$229K
▲ 7.8% 1 yr
Typical rent
$1,112/mo
▲ 9.7% 1 yr
12-month forecast
+2.0%
#279 of 546 metros
Gross rent yield
5.8%
#291 of 546 · U.S. 6.3%
Days to pending
48 days
▲ +11 days 1 yr
Listings with a price cut
30%
▲ +8.3 pts 1 yr
Key takeaways
- 1The typical home is worth $229,326, up 7.8% in a year and up 20% over five years.
- 2Zillow forecasts home values rising 2.0% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,112/mo (+9.7% YoY), a 5.8% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,260/mo in principal and interest, $148 more than renting.
- 5Homes go under contract in 48 days (+11 days vs last year); 30% of listings have had a price cut.
Market temperature
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 45/100, #212 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Mount Pleasant compares
| Measure | Mount Pleasant | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +7.8% | +1.2% | #9 |
| Home value, 5-yr change | +20.2% | +19.7% | |
| 12-month forecast | +2.0% | +1.1% | #279 |
| Rent, 1-yr change | +9.7% | +2.7% | #11 |
| Gross rent yield | 5.8% | 6.3% | #291 |
| Price-to-rent ratio | 17.2 | 15.8 | |
| Mortgage P&I on typical home | $1,260 | $2,012 | |
| Days to pending | 48 | 56 |
Cities in the Mount Pleasant metro
1 cities with home value and rent data.
| Mount Pleasant | $227K | ▲ 6.9% | $1,123 | ▲ 9.7% | 5.9% |
Run the numbers
Rental property calculator
Cash flow on a typical Mount Pleasant rental ($229K, $1,112/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Mount Pleasant home.
Rent vs buy
Is it cheaper to rent or buy in Mount Pleasant?
Renting out a property in Michigan? See deposit limits, late fee rules and notice periods.
Other Michigan metros
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Ann Arbor, MI
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Saginaw, MI
$175K home$1,055 rent7.2% yield
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Muskegon, MI
$255K home$1,288 rent6.1% yield
▲ 4.3% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.