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Foreclosure Homes in Pleasant Ridge, MI

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Pleasant Ridge, MI Foreclosures

How much do homes sell for in Pleasant Ridge, MI?
The average home price is currently $475,259.
In Pleasant Ridge, MI, how many homes are available?
There are currently 1,135 active home listings available in Pleasant Ridge.
What’s the average rental cost in Pleasant Ridge, MI?
The average rental price in Pleasant Ridge is $2,105.
What is the most expensive home in Pleasant Ridge, Michigan?
The most expensive home sold in Pleasant Ridge had a price of $1,622,138.
What is currently the cheapest priced home in Pleasant Ridge, MI?
The cheapest home for sale in Pleasant Ridge is priced at $99,591.

Home Value Estimator For Pleasant Ridge, MI

There are currently 1,135 real estate properties in Pleasant Ridge, MI, with a median automated valuation model (AVM) price of $432,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pleasant Ridge, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pleasant Ridge, MI, is $475,259.00, with the most expensive house in Pleasant Ridge, MI, topping out at $1,622,138.00 and the cheapest home in Pleasant Ridge, MI, clocking in at $99,591.00. In other words, there’s something for every potential homebuyer or savvy investor in Pleasant Ridge, MI!


Rent Prices In Pleasant Ridge, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pleasant Ridge, MI, is on a rollercoaster ride. The average rent price in Pleasant Ridge, MI, is $2,105.00. Indeed, when looking to rent in Pleasant Ridge, MI, you can expect to pay as little as $1,120.00 or as much as $3,140.00, with the average rent median estimated to be $2,020.00. The good news is that finding an affordable and desirable property to rent in Pleasant Ridge, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Pleasant Ridge, MI In 2024

Pleasant Ridge is located in Oakland, Michigan, with an estimated municipal population of 2,425 residents. All of the best foreclosed homes for sale in Pleasant Ridge are located in the following zip code areas on Foreclosure.com: 48069. The estimated population per square kilometer (.62 miles) in Pleasant Ridge is 1,662.


Cost Of Living In Pleasant Ridge, MI

So, about how much do homes cost in Pleasant Ridge? The most recent median value of resident-owned homes in Pleasant Ridge is 345,865. An estimated 95.1 percent of households in Pleasant Ridge own their homes, with an average family size of 2.86. The median household income in Pleasant Ridge is 122,813, with64.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pleasant Ridge, the median commute time of resident workers (in minutes) is 25.4. And last, but certainly not least, are you looking for homes to rent in Pleasant Ridge? If so, the average rent price paid by renters in Pleasant Ridge is 1,445, according to recent statistics.


Diversity And Demographics In Pleasant Ridge, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Pleasant Ridge, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Pleasant Ridge is 46.5, split between 50 percent male versus 50 female. The percentage of residents who report being married in Pleasant Ridge is 61.9, with an average family size of 2.86.

The percentage of residents who report their race in Pleasant Ridge is as follows:

White 90.4%
Black / African American 2.1%
Asian 2.3%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0.2%
Multi-racial 4.2%
Other 0.5%

Looking for family-friendly neighborhoods in and/or near Pleasant Ridge? Or maybe you are searching for 55+ active adult communities in and/or near Pleasant Ridge?

The percentage of residents who report their age in Pleasant Ridge is as follows:

Under 10 12.7%
Aged 10-19 8.5%
20s 5.8%
30s 11.6%
40s 16.5%
50s 17.8%
60s 15.3%
70s 8.7%
80+ 3.2%

Best Schools In Pleasant Ridge, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Pleasant Ridge with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pleasant Ridge.


Pros And Cons Of Living In Pleasant Ridge, Michigan

How do you know that living in -- or moving to -- Pleasant Ridge is right where you need to be? Perhaps you grew up in Pleasant Ridge or already live nearby; therefore, the decision to buy a home in Pleasant Ridge is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pleasant Ridge for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Pleasant Ridge:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pleasant Ridge.


Reasons To Move To Pleasant Ridge, Michigan, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pleasant Ridge can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pleasant Ridge, meanwhile, can field multiple offers from more qualified buyers.

Pleasant Ridge, MI Foreclosures


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