Market Overview
Home Prices in Mount Pleasant, IA
The median home value in Mount Pleasant, IA is $199,816 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.4% compared to a year ago and up 0.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Mount Pleasant are priced51% below average.
Over the past five years, Mount Pleasant home values have risen by approximately20.2%, reflecting strong long-term appreciation in this market.
Price History
Mount Pleasant Home Price Trend
2020
$151,455
$151K
—
2021
$166,299
$166K
+9.8%
2022
$180,883
$181K
+8.8%
2023
$182,412
$182K
+0.8%
2024
$188,414
$188K
+3.3%
2025
$189,666
$190K
+0.7%
2026
$199,816
$200K
+5.4%
City Comparison
Mount Pleasant vs. National Median
🏠 Mount Pleasant
$199,816
National Median
$410,000
At $199,816, homes in Mount Pleasant cost 51% below the national median of $410,000. This makes Mount Pleasant a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Mount Pleasant?
20% Down Payment
$39,963
on $199,816
Monthly P&I
$1,042/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,323/mo
incl. taxes & insurance
Income Needed
$52,920
gross annual (30% rule)
10% Down Option
$19,982
+ PMI applies
Loan Amount (20% dn)
$159,853
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Mount Pleasant, IA?
The median home value in Mount Pleasant is $199,816 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.4% year-over-year.
How much have home prices changed in Mount Pleasant?
Over the past year, home values in Mount Pleasant have increased by 5.4%. Over five years, prices have risen approximately 20.2%.
How much do I need to earn to buy a home in Mount Pleasant?
To comfortably afford the median home price of $199,816 with a 20% down payment ($39,963) at today's rates (6.8%), you'd need a gross annual income of approximately $52,920. This assumes keeping total housing costs at or below 30% of gross income.
How does Mount Pleasant compare to the national average home price?
The national median home value is approximately $410,000. At $199,816, homes in Mount Pleasant are 51% below the national average.