The housing market in 48069 Pleasant Ridge, MI is slightly below the national average. The median value of houses in Pleasant Ridge is $409,100, while the US median house value stands at $338,100. Although house values have appreciated by 8.27% nationally over the past year, the appreciation rate for houses in Pleasant Ridge was slightly lower at 7.58%. Despite this slightly lower appreciation rate, Pleasant Ridge still offers a desirable housing market due to its attractive location and close proximity to major cities and amenities.
The median home cost in Pleasant Ridge (zip 48069) is $409,100. Home appreciation the last 10 years has been 116.4%. Home Appreciation in Pleasant Ridge (zip 48069) is up 10.8%.
Average Age of Homes
- The median age of Pleasant Ridge (zip 48069) real estate is 78 years old
The Rental Market in Pleasant Ridge (zip 48069)
- Renters make up 8.1% of the Pleasant Ridge (zip 48069) population
- 0.0% of houses and apartments in Pleasant Ridge (zip 48069), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.