Mount Pleasant, IA housing market
The typical Mount Pleasant home is worth about $199,000, up 6.1% in a year, 17% below the Iowa typical home.
Home values, sales, trends and how Mount Pleasant compares with the towns next door — updated as new data is published.
Mount Pleasant at a glance
Typical home value, 2016–2026
Show as a table
| January | Mount Pleasant | Iowa |
|---|---|---|
| 2017 | $125,000 | $147,000 |
| 2018 | $129,000 | $152,000 |
| 2019 | $135,000 | $159,000 |
| 2020 | $146,000 | $167,000 |
| 2021 | $157,000 | $179,000 |
| 2022 | $169,000 | $195,000 |
| 2023 | $179,000 | $211,000 |
| 2024 | $181,000 | $218,000 |
| 2025 | $189,000 | $228,000 |
| 2026 | $190,000 | $236,000 |
| August 2026 | $199,000 | $240,000 |
10 new homes permitted in 2025
Builders were permitted 10 new homes in Mount Pleasant in 2025, all single-family houses, worth about $3.1 million to build. That's 1.1 per 1,000 residents, slower than across Iowa (4.7). Over the past 10 years, Mount Pleasant has permitted 189 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mount Pleasant gained 606 residents while 143 new homes were permitted: about 4.2 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Iowa: 1.3 new residents per new home.
How Mount Pleasant ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 4 | 2 | 2 | $1.5 million |
| 2025 | 10 | 10 | 0 | $3.1 million |
| 2024 | 10 | 2 | 8 | $515,000 |
| 2023 | 23 | 23 | 0 | $4.6 million |
| 2022 | 25 | 25 | 0 | $1.1 million |
| 2021 | 15 | 7 | 8 | $2.4 million |
| 2020 | 8 | 8 | 0 | $1.8 million |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 16 | 14 | 2 | $2.3 million |
| 2017 | 60 | 17 | 43 | $7 million |
| 2016 | 22 | 14 | 8 | $3.6 million |
| 2015 | 8 | 6 | 2 | $1.3 million |
| 2014 | 5 | 5 | 0 | $723,000 |
| 2013 | 13 | 13 | 0 | $2.2 million |
| 2012 | 7 | 7 | 0 | $1.3 million |
| 2011 | 4 | 4 | 0 | $753,000 |
| 2010 | 8 | 8 | 0 | $1.3 million |
| 2009 | 15 | 7 | 8 | $1.4 million |
| 2008 | 13 | 9 | 4 | $1.8 million |
| 2007 | 20 | 12 | 8 | $2.2 million |
| 2006 | 11 | 11 | 0 | $1.9 million |
| 2005 | 19 | 5 | 14 | $1.2 million |
| 2004 | 11 | 5 | 6 | $1 million |
| 2003 | 49 | 15 | 34 | $2.9 million |
| 2002 | 8 | 4 | 4 | $867,000 |
| 2001 | 18 | 10 | 8 | $3.6 million |
| 2000 | 15 | 15 | 0 | $2 million |
How Mount Pleasant ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.3 years of income
The typical Mount Pleasant home costs about 3.3 years of the town's median household income, about the same as across Iowa (3.2).
How Mount Pleasant ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $960
HUD's Fair Market Rent for a two-bedroom in Mount Pleasant is $960 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mount Pleasant pay a median of $826, so moving in tends to cost more than staying put. A two-bedroom takes about 19% of the town's median household income.
Studio $710 · 4 bedrooms $1,390
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (52641; Washington County, IA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.