Is Pleasant Hill, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Pleasant Hill was a Neutral Market.
Key Takeaway
Pleasant Hill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pleasant Hill, IA
How much do homes in Pleasant Hill, IA cost?
Median Sold Price
$308,500
$219/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Hill have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Pleasant Hill was $308,500 in May 2024, up 2.5% from last year, and the median price per square foot was $219.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $235.7K | +2.5% |
| 3 Bedrooms | $286.6K | $289.9K | +1.2% |
| 4 Bedrooms | $371.9K | $375.5K | +1.0% |
| 5+ Bedrooms | $420K | $475K | +13.1% |
Summary: Pleasant Hill housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 13.1%.
Median Sold Price Compared To Nearby Cities
| Clay Township | $299.9K | $315K | +5.0% |
| Delaware Township | $286K | $300K | +4.9% |
| Allen Township | $320K | $328.9K | +2.8% |
| Pleasant Hill | $301K | $308.5K | +2.5% |
| Four Mile Township | $297.2K | $298.6K | 0.5% |
Housing Supply in Pleasant Hill, IA
How many homes are available in Pleasant Hill, IA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 101 | 89 | -11.9% |
Summary: The Pleasant Hill real estate market had 89 homes for sale in May 2024, a 11.9% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 11 | -15.4% |
| 3 Bedrooms | 52 | 46 | -11.5% |
| 4 Bedrooms | 31 | 28 | -9.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Pleasant Hill housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 15.4%, 3 bedroom homes decreased by 11.5%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Hill, you may be able to get a good deal. 64% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Pleasant Hill in May 2024, up by 8.7% month-over-month. Of the 25 sold homes, 64% were sold under asking, 28% were sold at asking, and 8% were sold over asking.
Days on Market for Pleasant Hill, IA
How long does it take to sell a home in Pleasant Hill, IA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 80 Days | +153.3% |
Summary: Homes in Pleasant Hill had an average of 80 days on market in May 2024, up by 153.3% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Hill are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 25 homes were sold in Pleasant Hill; 52% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.
