Foreclosures in Pleasant Ridge, MI

Current Market Conditions in Pleasant Ridge, MI

The real estate market in Pleasant Ridge is currently experiencing a healthy increase in demand, fueled by buyers seeking homes in well-established neighborhoods with excellent amenities. Homes typically sell within 30 days of listing, indicating strong interest from potential homeowners.

Recent trends show that home prices in Pleasant Ridge have steadily risen over the past year, as the area continues to prosper due to its quality schools and accessible parks. Buyers are showing a preference for properties that have modern updates, particularly those with energy-efficient features.

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.