Mount Pleasant, Wisconsin Housing Market Prices
Mount Pleasant Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 13% above the Wisconsin median$192,869
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Median rent 3% above the Wisconsin median$1,116
Housing Market Overview
| Metric | Mount Pleasant | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $192,869 | $170,479 | $248,835 |
| Price Trend (Annual %) | 26.0% | 4.2% | 7.5% |
| Median Gross Rent | $1,116 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Mount Pleasant is about 13% higher than in Wisconsin. Rent is about 3% higher than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Mount Pleasant, up about 26.0% and 4.4% a year respectively. Home prices are changing faster.
Median rent in Mount Pleasant rose about 44.8% between 2015 and 2024, from $771 to $1,116. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 2.3 yearly household incomes in Mount Pleasant.
Buying the median-priced home in Mount Pleasant costs roughly 14.4 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mount Pleasant. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Mount Pleasant | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $192,869 | $170,479 | $248,835 |
| Median Household Income | $84,730 | $77,698 | $80,455 |
| Price-to-Income Ratio | 2.3 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Mount Pleasant rose about 40.5%, while median household income rose about 40.9% between 2009 and 2025 — keeping pace with each other.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Mount Pleasant | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 71.0% | 60.5% | 58.5% |
| Rental Rate | 24.8% | 28.7% | 31.2% |
| Vacancy Rate | 4.1% | 10.8% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
Mount Pleasant has a homeownership rate of 71.0%, higher than the Wisconsin average of 60.5%. Its housing vacancy rate is 4.1%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Mount Pleasant | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.35 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1984 | 1974 | 1978 |
| Median Number of Rooms | 5.8 | 5.6 | 5.5 |
The typical housing unit in Mount Pleasant was built around 1984. On average, 2.3 people live in a home with about 5.8 rooms, staying for about 14.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Mount Pleasant, Wisconsin.
What is the median home price in Mount Pleasant, Wisconsin?
The median home price in Mount Pleasant, Wisconsin is $192,869, higher than the Wisconsin average of $170,479.
What is the average home price in Mount Pleasant, Wisconsin?
The typical home price in Mount Pleasant, Wisconsin, reported as the median sale price, is $192,869. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Mount Pleasant, Wisconsin?
The median gross rent in Mount Pleasant, Wisconsin is $1,116 per month, higher than the Wisconsin average of $1,087.
What was the median gross rent in Mount Pleasant in 2020?
In 2020, the median gross rent in Mount Pleasant, Wisconsin was $873 per month.
What is the price-to-rent ratio in Mount Pleasant, Wisconsin?
The price-to-rent ratio in Mount Pleasant, Wisconsin is about 14.4, meaning it would take roughly 14.4 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Mount Pleasant.
Are home prices or rent rising faster in Mount Pleasant, Wisconsin?
Both home prices and rent are rising in Mount Pleasant, up about 26.0% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Mount Pleasant, Wisconsin?
71.0% of households in Mount Pleasant, Wisconsin own their home, higher than the Wisconsin average of 60.5%.
What is the vacancy rate in Mount Pleasant, Wisconsin?
The housing vacancy rate in Mount Pleasant, Wisconsin is 4.1%, lower than the Wisconsin average of 10.8%.
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