The story of this market
The typical home in ZIP 48069 sells for about $950,000, or $250 per square foot.
Prices are up +4.5% from a year ago, so sellers still have some momentum. Homes take about 54 days to sell. HUD's fair market rent for a two-bedroom is $1,720 a month.
ZIP 48069 — Pleasant Ridge
The Pleasant Ridge housing market is currently balanced, with prices showing steady year-over-year growth of 4.5%. Inventory remains extremely tight, which continues to support pricing despite broader economic headwinds. Buyers should focus on property condition as the market remains competitive for well-maintained homes.
This ZIP is ideal for family buyers and professionals seeking a stable, established community with excellent access to Detroit-area employment centers.
Median prices moved up 4.5% year over year.
Homes spend a median of 54 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.7% · poverty 2.5% — a stable, low-distress profile.
ZCTA 48069, Oakland County MI
The area is served by Ferndale Public Schools, which generally maintains a stable reputation within the local Oakland County educational landscape.
Pleasant Ridge is a mature, largely built-out residential community with limited new development, relying on the broader Oakland County economic base for employment.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Michigan) — Disabled Veterans Homestead Exemption: Provides an exemption from property taxes levied for school operating purposes and potentially other local taxes depending on eligibility. State (Michigan) — General Property Tax Act: Property is assessed at 50% of true cash value (State Equalized Value). Taxable value is capped at the lesser of the state equalized value or the previous year's taxable value adjusted by the consumer price index (up to 5%), unless a transfer of ownership occurs.
The ZIP offers a highly accessible commute to downtown Detroit and major Oakland County employment hubs via I-696 and Woodward Avenue.
The area features local community parks and is in close proximity to the shopping and dining districts along the Woodward corridor.
The rental market is characterized by limited inventory and high demand, with rents estimated at approximately $1,908 per month.
The local economy is integrated into the broader Detroit metropolitan area, with residents commuting to major employers in Oakland County and the city of Detroit.
The area is well-served by major highway corridors including I-696 and the Woodward Avenue transit artery.
Development is primarily focused on residential infill and renovation due to the built-out nature of the city.
Parcels are subject to Oakland County and Ferndale Public School district levies.
Data retrieved from data.census.gov ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- C.J. Barrymore's4.416.7 mi
- Dave & Buster's Livonia414.4 mi
- Dave & Buster's Utica4.113 mi
- Round1 Bowling & Arcade - Auburn Hills4.117.7 mi
- Adventure Bay Family Water Park Presented by WFCU Credit Union4.411.8 mi
- Little Caesars Arena4.610.1 mi
- Comerica Park4.710.4 mi
- Ford Field4.610.4 mi
- Huntington Place4.511.1 mi
- Topgolf4.217.4 mi
- Ambassador Bridge411.7 mi
- Comerica Park4.710.4 mi
- Henry Ford Museum of American Innovation4.812.4 mi
- Detroit Zoo4.50.4 mi
- Detroit Institute of Arts4.88.8 mi
- Henry Ford Museum of American Innovation4.812.4 mi
- Detroit Institute of Arts4.88.8 mi
- Greenfield Village4.812.3 mi
- Michigan Central4.810.4 mi
- Motown Museum4.78 mi
- Campus Martius Park4.710.9 mi
- Detroit Riverwalk4.811.3 mi
- Dodge Park4.710.9 mi
- Cranbrook House & Gardens4.88.4 mi
- Innovation Hills4.712.5 mi
- Western Golf & Country Club4.69.5 mi
- Rackham Golf Course3.81 mi
- Sanctuary Lake Golf Course3.910.8 mi
- Maple Lane Golf Club and Driving Range48.4 mi
- Evolution Sportsplex4.412.3 mi
- Somerset Collection4.66.4 mi
- Oakland Mall4.14.9 mi
- Fairlane Town Center4.111.4 mi
- Meijer42.3 mi
- Detroit Metropolitan Wayne County Airport4.320.7 mi
- Windsor International Airport4.217 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A local community park serving the residents of Pleasant Ridge.
Key-figure check: median price diverges 47.4% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $500,000 (-47.4% vs the prior refresh cycle) could not be independently corroborated and was reverted to the prior cycle value pending review; the case is under review in the Command Center.