Is Pleasant Lake, MI 49272 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Pleasant Lake is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list99.9%Sold price ÷ list price
Median days on market36Listing to accepted offer
Median price per sq ft$183▼ −12.2% vs. last year

The Pleasant Lake housing market right now

In the three months ending August 31, 2026, 50% of homes in Pleasant Lake, MI 49272 sold above their list price, the typical home went under contract in 36 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 27%, homes sold faster (40 days then) and the median sale price fell 25% to $258,888. Overall, Pleasant Lake is more competitive than a year ago, so tougher for buyers.

Within Jackson County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Napoleon 49261 (0% sold over asking) or Horton 49246 (8% sold over asking), while Spring Arbor 49283 (63% sold over asking) is even more competitive.

Nearby markets

Brooklyn 49230Seller’s market $183 /sq ftCement City 49233Seller’s market $196 /sq ftClarklake 49234Balanced $355 /sq ftConcord 49237Seller’s market $139 /sq ft Browse all markets →

Where Pleasant Lake is

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Questions about Pleasant Lake real estate

Is Pleasant Lake a buyer’s or seller’s market?

A balanced market: there were 4.8 months of supply in Pleasant Lake, MI 49272 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Pleasant Lake?

The typical home went under contract in 36 days in the latest three months.

Do homes in Pleasant Lake sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 99.9% of the list price.

What are property taxes in Pleasant Lake?

About 1.26% of a home’s value a year in Jackson County, or roughly $5,040 on a $400,000 home.

What is the median home price in Pleasant Lake?

The median sale price was $258,888 in the three months ending August 31, 2026, about $183 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology