Mount Pleasant Home Prices & Values

$754,200 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 12.4% 1-year change
  • 3.8% 1-year forecast

Market Temperature: Very HotWhat's This?
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Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this neighborhood relative to other neighborhoods in the same metropolitan area. A particular neighborhood may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Buyers' Market Sellers' Market

The median home value in Mount Pleasant is $754,200. Mount Pleasant home values have gone up 12.4% over the past year and Zillow predicts they will rise 3.8% within the next year. The median list price per square foot in Mount Pleasant is $484, which is higher than the Washington average of $447. The median price of homes currently listed in Mount Pleasant is $514,950 while the median price of homes that sold is $433,750. The median rent price in Mount Pleasant is $1,950, which is lower than the Washington median of $2,250.

Foreclosures will be a factor impacting home values in the next several years. In Mount Pleasant 4.0 homes are foreclosed (per 10,000). This is greater than the Washington value of 0.8 and also lower than the national value of 5.0

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Relative ZHVI
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Mount Pleasant Market Overview

Data through Feb 28, 2014
  • $754,200 ZHVI
  • 3.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow’s prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Feb 28, 2015)
  • $514,950 Median listing price
  • No recent data Median sale price
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Mount Pleasant Market Health

Data through Feb 28, 2014
  • 5.8/10 Healthy What's This?  
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    The Market Health Index illustrates the current health of a region’s housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (19.4% US Avg)
  • No data Delinquent on mortgage (8.0% US Avg)

Homes foreclosed (per 10,000)

4 homes(Dec 31, 2013) Mount Pleasant
0.8 homes Washington
5 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Kalorama $1,085,400 Crestwood $933,500 Cleveland Park $860,600
Woodley Park $738,900 Sixteenth Street Heights $565,200 U Street Corridor $546,200
Adams Morgan $503,200 Columbia Heights $492,700 Dupont Circle $400,700

Listings & Sales

Data through Feb 28, 2014
  • $484 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 28.6% Listings with price cut
12.8%
Sold below listing
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Mount Pleasant Rentals

Data through Feb 28, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$3,084 Mount Pleasant
$2,440 Washington
$1,310 United States
  • No recent data Breakeven horizon
  • $1,950 Rent list price
  • $2.12 Rent list price / sq ft
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