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PLEASANT LAKE, MI 49272

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The PLEASANT LAKE, MI real estate market (49272) currently shows 3 active listings, with 2 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 62 days on market compared to 46 days last year.

The median listing price has fallen 42.8% year-over-year, from $244,950 to $140,000.

Whether you are buying or selling in PLEASANT LAKE, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,502  ·  Density: 86.8/mi²  ·  Median household income: $79,808

Typical home value: $201,850  ·  Homeownership: 95.2%

Market Overview

Active Listings
3
vs 3 last year
Pending
2
67% pending ratio
Median Price
$140,000
⇩ 42.8% vs $244,950 last year
Average Price
$229,133
⇩ 6.5% vs $244,950 last year
Days on Market
62
⇧ 34.8% vs 46 days last year

Price Per Square Foot

Median $/sqft
$122
⇩ 43.5% vs $216/sqft last year
Median Home Size
1,654 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 62 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $140,000 (-42.8% YoY)
  • Average: $229,133 (-6.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.0 miles — 313 listings ($131,924,589 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49272Pleasant Lake, MI 492720.0 mi3$405,000$135,000$135,000
49251Leslie, MI 492515.9 mi17$5,063,892$260,950$297,876
49285Stockbridge, MI 492858.9 mi16$4,617,408$297,475$288,588
49201Jackson, MI 492019.9 mi106$42,951,836$346,475$405,206
48819Dansville, MI 4881911.2 mi5$1,797,000$291,950$359,400
49240Grass Lake, MI 4924011.7 mi21$7,651,707$372,673$364,367
49269Parma, MI 4926913.9 mi14$7,092,582$299,975$506,613
48137Gregory, MI 4813714.9 mi12$5,389,224$431,725$449,102
48118Chelsea, MI 4811816.9 mi25$10,957,525$379,950$438,301
48827Eaton Rapids, MI 4882717.7 mi27$7,862,643$244,425$291,209
48892Webberville, MI 4889219.0 mi14$3,842,888$202,500$274,492
49246Horton, MI 4924620.3 mi12$6,326,292$446,225$527,191
48169Pinckney, MI 4816921.0 mi41$27,966,592$575,000$682,112

Frequently Asked Questions

How many homes are for sale in PLEASANT LAKE, MI 49272?

As of March 2026, there are 3 active listings in PLEASANT LAKE, MI (zip code 49272), compared to 3 the prior year.

What is the median home price in PLEASANT LAKE, MI 49272?

The median listing price in PLEASANT LAKE, MI 49272 is $140,000 as of March 2026, a 42.8% decrease from $244,950 the prior year.

How long do homes stay on the market in PLEASANT LAKE, MI?

Homes in PLEASANT LAKE, MI 49272 spend an average of 62 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in PLEASANT LAKE, MI 49272?

Based on current inventory and days-on-market data as of March 2026, PLEASANT LAKE, MI 49272 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 62 days on market compared to 46 days last year.

How much can I save on real estate commission in PLEASANT LAKE, MI?

With SELL123.com's maximum 3% commission, sellers in PLEASANT LAKE, MI 49272 save an estimated $2,800 compared to a typical 5% commission on the median listing price of $140,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.