Housing in Pleasant Plains

A typical Pleasant Plains home is worth roughly $138,000

Home prices around Pleasant Plains have risen about 83% over the past 5 years.

Typical home value

$138K

▲ 2.4% in a year · MI $266K

Estimate

2-bedroom rent

$990

a month, utilities in · HUD

Median tax bill

$1,252

MI $2,904

What kind of housing town is Pleasant Plains?

Read from the numbers below. The page puts what stands out first.

Your money goes further48% below the Michigan typical home.A second-home town48% of homes are seasonal or vacation homes.

★ What stands out · Affordability

A typical home costs 4.1 years of income

More than across Michigan (3.7 years). Try your own numbers below.

You could afford about

$123,000

Typical Pleasant Plains home $138K

That’s $15K short of a typical Pleasant Plains home.

The typical home, each month

$860

Loan $680Tax $140Insurance $40

A two-bedroom rents for about $990 a month here, $130 more than owning.

Where your budget reaches nearby

Yates$133K Webber$109K Lake$170K Lilley$134K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Pleasant Plains’s typical property tax (1.21% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

75% of Pleasant Plains households own their home

Half of Pleasant Plains’s homes were built before 1967.

Owners and renters

Own 75%Rent 25%

Michigan: 73% own.

1967

typical home built · MI 1972

$1,252

median property tax bill · MI $2,904

1.21%

of a home’s value, a year in tax · MI 1.25%

48%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Home prices up 83% in 5 years

The federal house price index for the ZIP codes around Pleasant Plains rose 83% over the past 5 years, faster than across Michigan (52%). Last year prices rose 2.4%. Carrying the Census median home value forward with that index puts the typical Pleasant Plains home at roughly $138,000 today.

Pleasant Plains areaMichigan

+2.4%

past year

+83%

past 5 years

+140%

past 10 years

Estimated value

Carrying the Census median forward with the index puts a typical home at about $138K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Pleasant Plains, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Renting

A two-bedroom rents for about $990

Renters already here pay a median of $886, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$700

1 bedroom$750

2 bedrooms$990

3 bedrooms$1,360

4 bedrooms$1,650

25%

of households rent · MI 27%

159

renter households

68%

of renters spend 30%+ of income on rent · MI 50%

36%

of the median income, for a two-bedroom

$886

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Lake County, MI): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Pleasant Plains vs. its neighbors

Pleasant Plains is the 2nd priciest of 5 neighboring towns. Tap one to see its housing page.

Lake$170K Pleasant Plains$138K Lilley$134K Yates$133K Webber$109K

Compare more

Town	Typical value	1-yr change	2-bed rent	New homes 2025	Median income
Pleasant Plains	$138K*	+2.4%†	$990	—	$33,269
Yates	$133K*	—	$980	—	$30,000
Webber	$109K*	+2.4%†	$990	—	$46,286
Lake	$170K*	+2.4%†	$1,000	—	$52,008
Lilley	$134K*	+8.8%†	$970	7	$41,806

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Pleasant Plains buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Pleasant Plains still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.