Pleasant Ridge, MI housing market
The typical Pleasant Ridge home is worth about $490,000, up 4.8% in a year, 84% above the Michigan typical home. Homes typically sell in 7 days, a little above asking.
Home values, sales, trends and how Pleasant Ridge compares with the towns next door — updated as new data is published.
Pleasant Ridge at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Pleasant Ridge | Michigan |
|---|---|---|
| 2017 | $309,000 | $144,000 |
| 2018 | $333,000 | $155,000 |
| 2019 | $339,000 | $165,000 |
| 2020 | $342,000 | $175,000 |
| 2021 | $366,000 | $194,000 |
| 2022 | $397,000 | $217,000 |
| 2023 | $420,000 | $230,000 |
| 2024 | $446,000 | $241,000 |
| 2025 | $465,000 | $253,000 |
| 2026 | $482,000 | $262,000 |
| August 2026 | $490,000 | $266,000 |
Pleasant Ridge and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Pleasant Ridge | $490K | +4.8% | 7 | $171,125 |
| Ferndale | $251K | −1.5% | 16 | $94,640 |
2.9 years of income
The typical Pleasant Ridge home costs about 2.9 years of the town's median household income, less than across Michigan (3.7 years).
How Pleasant Ridge ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.