Housing in Pleasant Ridge, MI

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$250,000

Median List Price

$562,500

Price Per Sq Ft

$137

Days on Market

23

Active Inventory

5

Months of Supply

5.0

Balanced market

Zillow Home Value

$458,816

ZHVI — January 2026

Price Trends

Source: Redfin
Sale Price 57.5%List Price 11.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

0.0%

Sale-to-List Ratio

71.4%

Buyer's market

Sold Above Asking
0.0%
Listings with Price Drops
40.0%

Market Activity

Source: Redfin

Homes Sold

1

New Listings

2

Homes Sold 50.0%New Listings 66.7%Pending 25.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$137

Median List $/SF

$302

Sale $/SF 39.6%List $/SF 2.0%Mar 24Jan 26

Pleasant Ridge vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Pleasant Ridge is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$435,500

Median Rent

$1,795

Total Housing Units

1,201

Vacancy Rate

2.3%

Owner Occupied

95.4%

Renter Occupied

4.6%

Median Property Tax

$6,528

per year

Monthly Cost (w/ Mortgage)

$1,942

Housing Types

Single Family
97.4%
Multi-Family
2.6%
Mobile Home
0.0%

The current median sale price in Pleasant Ridge, MI is $250,000 according to Redfin data. Homes spend a median of 23 days on the market. 0.0% of homes sold above asking price. The market has 5.0 months of supply. The median price per square foot is $137. The median rent is $1,795 per month (Census ACS). About 95.4% of housing units are owner-occupied. The median year homes were built is 1938. There are 1,201 total housing units.