Multi-family Foreclosures in Pleasant Ridge, MI

Current Market Conditions in Pleasant Ridge, MI

The real estate market in Pleasant Ridge has remained stable, with a steady demand for homes due to its desirable location and community attributes. As of this year, the area is seeing a slight increase in home sales, driven by families searching for quality educational facilities and a suburban lifestyle.

Buyers are attracted to the strong sense of community, with several events and activities held throughout the year that bring residents together. This sense of belonging and safety makes Pleasant Ridge a sought-after location, contributing to the overall positive market conditions.

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.