Why Live in Pleasant Ridge
Pleasant Ridge, Michigan is a small enclave in northwest Detroit known for its historic homes and strong community ties. Covering just .57 miles, it features charming architectural styles such as 1920s colonials, cottages, craftsman homes, and English Tudors. Residents enjoy a variety of things to do, including recreational options like a community garden, dog park, walking trail, and Gainsboro/Victory Park with modern playscapes and an outdoor rock-climbing wall. The community pool and center serve as social hubs, hosting events like the Easter Brunch & Egg Hunt and the Daddy Daughter Dance. Dining options include the Whistle Stop diner and Romolo Pizza Romana, both within walking distance. For groceries, residents visit Western Market in downtown Ferndale or Holiday Market in Royal Oak. Pleasant Ridge is part of the Ferndale public school system, with Ferndale High School offering a B-plus rating. Conveniently located, Pleasant Ridge is just a half-mile from downtown Ferndale and Royal Oak, and 20 minutes from downtown Detroit, with easy access to biking paths and the SMART bus system.
Frequently Asked Questions
What is the average home price in Pleasant Ridge, MI?
Homes for sale in Pleasant Ridge, MI have an average home price of $518,612.
Are home prices dropping in Pleasant Ridge?
Yes, home prices in Pleasant Ridge are down 9% in the last 12 months.
How many homes have sold over the last 12 months in Pleasant Ridge, MI?
45 homes have sold in Pleasant Ridge, MI over the last 12 months.
What are the most popular zip codes in Pleasant Ridge, MI?
How much do you need to make to afford a house in Pleasant Ridge?
The median home price in Pleasant Ridge is $465,000. If you put a 20% down payment of $93,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,410 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $103K a year to afford the median home price in Pleasant Ridge.
How are the schools in Pleasant Ridge, MI?
Home Trends in Pleasant Ridge, MI
On average, homes in Pleasant Ridge, MI sell after 22 days on the market compared to the national average of 50 days. The median sale price for homes in Pleasant Ridge, MI over the last 12 months is $440,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$440,000
Median Single Family Sale Price
$469,750
Median 2 Bedroom Sale Price
$380,000
Average Price Per Sq Ft
$307
Number of Homes for Sale
2
Last 12 months Home Sales
45
Median List Price
$465,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%