Pleasant Ridge Real Estate
6 active listings · 34 sold in the past 12mo
$471,000
Median List Price
34
Sold (past 12mo)
35
Avg Days on Market
+8.6%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(6)
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For Sale
1/61
$1,875,000
11 Poplar Park Boulevard, Pleasant Ridge, MI
6 bd4 ba4,945 sqft0.92 ac
Single Family
For Sale
1/24
$950,000
24 Ridge Road, Pleasant Ridge, MI
4 bd2 ba3,325 sqft0.77 ac
Single Family
For Sale
1/35
$492,000
108 Maplefield Road, Pleasant Ridge, MI
3 bd2 ba2,016 sqft0.12 ac
Single Family
Coming Soon
1/57
$450,000
14 Fairwood Boulevard, Pleasant Ridge, MI
3 bd2 ba2,250 sqft0.16 ac
Single Family
For Sale
1/33
$425,000
42 Wellesley Drive, Pleasant Ridge, MI
4 bd2 ba1,943 sqft0.13 ac
Single Family
Under Contract
1/44
$419,000
59 Wellesley Drive, Pleasant Ridge, MI
3 bd2 ba1,990 sqft0.11 ac
Single Family
Recently Sold(34)
Frequently Asked Questions about Pleasant Ridge
How many homes are for sale in Pleasant Ridge?
There are currently 6 active listings in Pleasant Ridge. The median asking price is $471,000.
What are home prices like in Pleasant Ridge?
Homes in Pleasant Ridge sell for a median of $471,000, drawn from 34 transactions over the past year.
What is the average days on market in Pleasant Ridge?
The average days on market in Pleasant Ridge is 35, based on 34 recent transactions.
Which school districts cover Pleasant Ridge?
Pleasant Ridge is served by one or more public school districts. In Michigan, school district boundaries do not always align with city limits, so different parts of Pleasant Ridge may be zoned for different districts. Check individual listings for the specific school district assignment.
How competitive is the Pleasant Ridge real estate market?
With 2.1 months of inventory, Pleasant Ridge is currently a seller's market. This is based on 6 active listings and 34 sales in the past 12 months.
How are property taxes calculated in Pleasant Ridge?
Michigan property taxes in Pleasant Ridge are calculated using the State Equalized Value (SEV) times the local millage rate. Rates vary by school district and municipality. Primary residences qualify for a homestead exemption that reduces the tax rate.
What is the Household Formation Gap in Pleasant Ridge?
Based on Census Bureau ACS 5-Year Estimates, the Household Formation Gap in Pleasant Ridge is +8.6%. Shrinking household sizes (from 2.3 to 2.22 persons per household) have increased the number of households needing housing by 93 since 2009 — independent of the 4.8% population growth. This is a secondary demographic indicator, not a primary market measure.