Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 1,748 people, 633 houses or apartments, and a median cost of homes of $351,282, Mount Pleasant real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Mount Pleasant, accounting for 70.97% of the town's housing units. Other types of housing that are prevalent in Mount Pleasant include large apartment complexes or high rise apartments ( 15.88%), duplexes, homes converted to apartments or other small apartment buildings ( 9.48%), and a few row houses and other attached homes ( 3.08%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Mount Pleasant. Owner-occupied housing accounts for 70.21% of Mount Pleasant's homes, and 58.06% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Mount Pleasant built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Mount Pleasant built between 2000 and later ( 26.90%). A lesser amount of the housing stock also hails from between 1940-1969 ( 23.93%). There's also some housing in Mount Pleasant built before 1939 ( 14.34%).
Vacant housing appears to be an issue in Mount Pleasant. Fully 25.00% of the housing stock is classified as vacant. Left unchecked, vacant Mount Pleasant homes and apartments can be a drag on the real estate market, holding Mount Pleasant real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Appreciation rates for homes in Mount Pleasant have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 111.82%, which ranks in the top 30% nationwide. This equates to an annual average Mount Pleasant house appreciation rate of 7.79%.
Over the last year, Mount Pleasant appreciation rates have trailed the rest of the nation. In the last twelve months, Mount Pleasant's appreciation rate has been 3.84%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Mount Pleasant were at 1.72%, which equates to an annual appreciation rate of 7.07%.
Relative to North Carolina, our data show that Mount Pleasant's latest annual appreciation rate is lower than 80% of the other cities and towns in North Carolina.
$351,282
for North carolina
for nation
633
$1,909 / per month