Real Estate Market Update for 48858 (Mount Pleasant, MI)
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 92% from one year earlier, and down 50% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 110-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 100%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The number of units sold decreased 100% year-over-year, and held steady month-over-month. Even though sales figures were down from a year ago, the recent local market conditions were basically unchanged. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 48858 (Mount Pleasant, MI)
Area Information for 48858 (Mount Pleasant, MI)
  • Population: 50,370
  • Median Age: 24.34 yr
  • Median Commute Time: 15 mins
  • Educational Climate*: 2
  • Sales Tax: 6%
  • Population Density: 291/sq mi
  • Population Change Since 2000: 13.47%
  • Closest Airport: Mbs International
  • Closest College: Central Michigan University
  • Closest Jr. College: Mid-michigan Community College
  • Median Household Income: $34,618
  • Annual Residential Turnover: 13%
  • Median Home Sales Price: $76,000
  • Closest Major Sports Team: Great Lakes Loons (a)
  • Change Avg. Household Income Since 2000: 21.52%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 48858 (Mount Pleasant, MI)
Median Age: 24.34 Married: 24% Number of Households: 17,963 Households with Children: 3,865
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 48858 (Mount Pleasant, MI)

      School Name Distance Type Grades School Rating Parent Rating
      Ganiard School 1.0 mi Public K-4 4 0
      West Intermediate School 1.2 mi Public 7-8 3 0
      Gratiot-isabella Resd Programs 1.3 mi Public K-12 0 0
      Sacred Heart School 1.4 mi Private PRESCHOOL-12 0 0
      Sacred Heart Academy 1.4 mi Catholic 7-12 0 0
      White Pine Montessori Children's Center 1.8 mi Private PRESCHOOL-1 0 0
      Fancher School 1.9 mi Public 5-6 0 0
      Mt Pleasant Sda Elementary School 1.9 mi Private K-8 0 0
      Pullen Elementary School 1.9 mi Public K-3 0 0
      Vowles School 2.1 mi Public K-4 3 0
      Gratiot-isabella Technical Education Center - Mt Pleasant Campus 2.4 mi Public 7-12 0 0
      Mt. Pleasant Senior High School 2.4 mi Public 9-12 3 3
      Mary Mcguire School 2.4 mi Public 4-6 2 0
      Renaissance Public School Academy 2.7 mi Public PRESCHOOL-8 3 0
      Oasis Alternative Ed. School 3.2 mi Public UNGRADE-UNGRADE 1 0
      Mission Creek Community Education 3.2 mi Public UNGRADE-UNGRADE 0 0
      Beal City Elementary School 3.7 mi Public PRESCHOOL-6 2 0
      Saginaw Chippewa Academy 5.0 mi Private PRESCHOOL-6 0 0
      Beal City Alternative Education Program 5.8 mi Public 9-12 0 0
      St Joseph The Worker School 6.8 mi Catholic K-6 0 0
      Beal City High School 6.9 mi Public 7-12 4 4
      Odyssey Middle/high School 7.7 mi Public 7-12 1 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for 48858 (Mount Pleasant, MI)
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.