Foreclosure Homes in Pleasant Ridge, MI

Current Market Conditions in Pleasant Ridge, MI

The real estate market in Pleasant Ridge is competitive, with a healthy demand for homes that retains property values well. Recent trends indicate a steady appreciation in home values, making it an attractive option for real estate investors looking for long-term growth.

Homes are generally priced above average compared to neighboring areas, driven by the desirability of the community features such as its parks, schools, and convenient access to metropolitan amenities. Investors can look forward to a stable rental market supported by the area's appealing lifestyle.

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.