Mount Pleasant, WI—53406
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mount Pleasant, WI
As of Oct '25, the median home price in Mount Pleasant, WI is $312,000, with a year-over-year change of 4.3%. This indicates that home prices in Mount Pleasant, WI are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $312,000 | 4.3% |
| Single Family | $359,000 | 4.1% |
| Condos | $219,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $216,000 | 4.9% |
3 Bed | $345,000 | 4.2% |
4 Bed | $434,000 | 5.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mount Pleasant, WI
As of July '25, Rentcast reports the average rent in Mount Pleasant, WI is $1,530, with a year-over-year rent change of -1.3%. Per bedroom, the median rent as of July '25 in Mount Pleasant, WI is studios: $1,300, 1-bedrooms: $999, 2-bedrooms: $1,570, 3-bedrooms: $1,640. The most common rental property sizes in Mount Pleasant, WI are 2-bedroom and 3-bedroom, accounting for 45.4% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,530 |
| Studio Rent | $1,300 | $1,300 |
| 1 Bed Rent | $999 | $999 |
| 2 Bed Rent | $1,600 | $1,570 |
| 3 Bed Rent | $1,400 | $1,640 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Mount Pleasant, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Mount Pleasant, WI is 32. This is a increase of 12.0% 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 39.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $362,000 | 9.0% |
Listing Count | 82 | -5.0% |
| Listings as % of Homes | 0.4% | -5.0% |
Days on Market | 32 | 12.0% |
Demographics — Mount Pleasant, WI
As of the latest ACS Survey released in 2023, Mount Pleasant, WI has a population of 25,600, which has decreased by -1.8% over the past 5 years. Mount Pleasant, WI is a moderately popular place for families, as children make up 19.9% of the population. The area has a moderately educated workforce, with 31.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,600 | -1.8% |
% Under 18 | 19.9% | -2.9% |
% Seniors | 23.9% | 6.2% |
% WFH | 8.1% | 153.1% |
% w/ College Degree | 31.6% | 4.6% |
As of the latest ACS Survey released in 2023, Mount Pleasant, WI is a predominantly white area, with 73.0% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Mount Pleasant, WI is hispanic, making up 11.5% of the population. Foreign-born residents account for 7.4% of the population in Mount Pleasant, WI, and this percentage has increased by 21.3% 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 | 73.0% | -3.2% |
% Black | 10.0% | 8.7% |
% Hispanic | 11.5% | 29.2% |
% Asian | 2.1% | -48.8% |
% Foreign Born | 7.4% | 21.3% |
Mortgage and Risk — Mount Pleasant, WI
According to HUD data as of 2023, there were 730 mortgage originations in Mount Pleasant, WI, of which 90.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Mount Pleasant, WI. Investor activity is low, as 1.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 730 |
% Conventional Loans | 90.0% |
% Government Loans | 10.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Mount Pleasant, WI
Mount Pleasant, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 704 |
Total Units Section 8 | 694 |
% Rentals under Section 8 | 22.8% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$129 | $999 | $870 |
| 2 Bedroom | -$490 | $1,600 | $1,110 |
| 3 Bedroom | $40 | $1,400 | $1,440 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Mount Pleasant, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $312,000 |
| Median Household Income | $78,400 |