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Mount Pleasant, MI 48858 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Mount Pleasant, MI inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.12
ActiveActive listings: 5252PendingPending sales: 66
Mount Pleasant, MI: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $318k$318kSoldMedian sold price (last 6 months): $216k$216k
What homes actually sell for in Mount Pleasant, MI
Distribution of 332 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $151k to $315k
$55k to $103k: 28 sales$55k$103k to $151k: 42 sales$151k to $199k: 61 sales$151k$199k to $248k: 66 sales66sales$248k to $296k: 26 sales$248k$296k to $344k: 32 sales$344k to $392k: 26 sales$344k$392k to $440k: 19 salesMedian $216k

What the numbers say

As of October 5, 2026, Resideline is tracking 52 active listings and 6 pending sales in ZIP code 48858. That pending-to-active ratio of 0.12 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $317,500, while the median of the 332 closed sales Resideline tracked over the last six months was $216,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 48858 for 80 days.

Frequently asked questions

What is the median home price in 48858?

The median closed sale price in Mount Pleasant, MI 48858 was $216,000 over the last six months, based on 332 closed sales tracked by Resideline. The middle half of those sales ranged from $151,000 to $315,000.

Is 48858 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 52 active listings in 48858, a pending-to-active ratio of 0.12. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 48858 currently looks like a balanced market.

Nearby ZIP code market data

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