Market Intelligence Report — MI-380

Mount Pleasant, MI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-MI-09
As of the latest 2026 data
Cooling

Median Listing

$281K
+17.6% YoY

Pending Ratio

0.35
-11.2% YoY

Active Inventory

143
+14.9% YoY

Median DOM

62 Days
+8.8% YoY

Primary Intelligence Tool — Sold Score™

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The Mount Pleasant market is currently in a Cooling phase, characterized by a pending ratio of 0.35, which represents an 11.2% year-over-year contraction. Active listings have expanded by 14.9% over the past year, contributing to increased supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Mount Pleasant market right now.

Over the past year, the market has seen a notable increase in supply, with active listings rising 14.9% and new listings increasing by 10.0%. Concurrently, demand indicators show deceleration, as evidenced by an 11.2% year-over-year decline in the pending ratio. Median listing prices have continued to appreciate at 17.6% year-over-year, while median days on market extended by 8.8% during the same period. The share of price reductions has also increased by 6.1% year-over-year.

Historical Analysis

Market Trends

Median Price

$281K+1.5% MoM

Active Inventory

143+14.9% YoY

Days on Market

62+8.8% YoY

Sold Score™

54-11.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

54
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.35, demand absorption is trailing supply, suggesting a market where buyers may encounter less immediate competition for available properties. The expansion in active listings and the lengthening of median days on market indicate a reduced pace of transactions, which typically provides purchasers with more time for due diligence and greater leverage for price discipline.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

143 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
23.5%

of active listings carry a price reduction, +6.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.0% year-over-year.

Absorption
0.35

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Mount Pleasant, MI? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Mount Pleasant, MI. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
35%
Median Days on Market
62 days
Inventory YoY
+15%

In a buyer's market, strategy beats timing. See how your home scores in Mount Pleasant, MI and what moves the number.

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Metro Demographics

Metro Area
Mount Pleasant, MI
CBSA Code
34380
State
MI

ZIPs in Mount Pleasant, MI

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