Mortgage payment estimates, closing cost breakdowns, and homebuying data for Mount Pleasant, Michigan.
Pre-filled with Mount Pleasant median home price and Michigan tax/insurance rates. Adjust for your property.
Estimated closing costs based on Michigan rates and fees applied to Mount Pleasant prices.
The median home price in Mount Pleasant is $185,000, 23% below the Michigan state median of $240,000. With a population of 21,218, Mount Pleasant is a smaller market where home prices tend to be more accessible than in many parts of Michigan.
Property taxes in Michigan average 1.54% annually. This higher-than-average tax rate means a $185,000 home in Mount Pleasant would carry roughly $237/month in property taxes alone — plan accordingly. Homeowners insurance in Michigan runs approximately $1,800 per year. This is within the normal range nationally.
Average rent in Mount Pleasant is $920/month. The price-to-rent ratio in Mount Pleasant is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Mount Pleasant offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Michigan's MSHDA DPA program.