Mount Pleasant, NC—28124
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Pleasant, NC
As of Oct '25, the median home price in Mount Pleasant, NC is $365,000, with a year-over-year change of -1.1%. This indicates that home prices in Mount Pleasant, NC are decreasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $365,000 | -1.1% |
| Single Family | $366,000 | -1.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $237,000 | -1.7% |
3 Bed | $365,000 | -1.1% |
4 Bed | $492,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Pleasant, NC
As of July '25, Rentcast reports the average rent in Mount Pleasant, NC is $1,690, with a year-over-year rent change of 3.0%. Per bedroom, the median rent as of July '25 in Mount Pleasant, NC is 1-bedrooms: $1,300, 2-bedrooms: $1,400, 3-bedrooms: $1,820. The most common rental property sizes in Mount Pleasant, NC are 2-bedroom and 3-bedroom, accounting for 43.3% and 31.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,820 | $1,690 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $1,850 | $1,820 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Pleasant, NC
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Pleasant, NC is 37. This is a increase of 89.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 45.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $621,000 | 32.0% |
Listing Count | 22 | 103.0% |
| Listings as % of Homes | 0.7% | 103.0% |
Days on Market | 37 | 89.0% |
Demographics — Mount Pleasant, NC
As of the latest ACS Survey released in 2023, Mount Pleasant, NC has a population of 6,170, which has remained stable by -0.4% over the past 5 years. Mount Pleasant, NC is a moderately popular place for families, as children make up 20.0% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,170 | -0.4% |
% Under 18 | 20.0% | -11.5% |
% Seniors | 22.5% | 23.6% |
% WFH | 9.9% | 115.2% |
% w/ College Degree | 22.6% | 10.2% |
As of the latest ACS Survey released in 2023, Mount Pleasant, NC is a predominantly white area, with 78.5% of the population identifying as white. The white population has shrunk by 17.4% in the last 5 years. The second most common race or ethnicity in Mount Pleasant, NC is black, making up 7.9% of the population. Foreign-born residents account for 7.1% of the population in Mount Pleasant, NC, and this percentage has increased by 688.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.5% | -17.4% |
% Black | 7.9% | 618.2% |
% Hispanic | 3.9% | 387.5% |
% Asian | 7.2% | 554.5% |
% Foreign Born | 7.1% | 688.9% |
Mortgage and Risk — Mount Pleasant, NC
According to HUD data as of 2023, there were 169 mortgage originations in Mount Pleasant, NC, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Mount Pleasant, NC. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 169 |
% Conventional Loans | 86.0% |
% Government Loans | 14.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Mount Pleasant, NC
Mount Pleasant, NC lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 20 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 5.6% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$70 | $1,300 | $1,230 |
| 2 Bedroom | -$30 | $1,400 | $1,370 |
| 3 Bedroom | -$150 | $1,850 | $1,700 |
| 4 Bedroom | N/A | N/A | $2,150 |
Affordability — Mount Pleasant, NC
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $365,000 |
| Median Household Income | $76,600 |