The housing market in Mount Pleasant continues to see strong price appreciation, with values up 35.1% compared to last year. Home prices have decreased 4.5% in the past month. At the current sales pace, it would take over 9.8 months to sell all available homes in Mount Pleasant, indicating an oversupplied market. Properties are selling within just 88 days on average, much faster than the historical norm of 201 days. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Mount Pleasant market with the affordability index at 307.1. Based on current market indicators, home prices in Mount Pleasant are projected to decrease by approximately 4.5% over the next month.