Is Pleasant Hill, IA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasant Hill is a seller's market

Buyer's
Market

Difference Since November 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

$320,000

$216/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,100(+6.7%)

Key Takeaway

Homes in Pleasant Hill have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in Pleasant Hill was $320,000 in November 2024, up 6.7% from last year, and the median price per square foot was $216.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $256K$232K
-9.4%
3 $289.9K$286K
-1.4%
4 $362.2K$387.5K
+7.0%
5+ $432K$475K
+10.0%

Summary: Pleasant Hill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.4%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 10%.

Median Sold Price Compared To Nearby Cities

Pleasant Hill
+6.7%
Clay Township
+3.0%
Four Mile Township
+2.9%
Delaware Township
+2.3%
Allen Township
-0.2%

Housing Supply in Pleasant Hill, IA

How many homes are available in Pleasant Hill, IA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
74740.0%

Summary: The Pleasant Hill real estate market had 74 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 1514
-6.7%
3 3740
+8.1%
4 1815
-16.7%
5+ 44
0.0%

Summary: The Pleasant Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1115+36.4%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Hill, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Pleasant Hill in November 2024, up by 36.4% month-over-month. Of the 15 sold homes, 53% were sold under asking, 27% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
60 Days48 Days-20.1%

Summary: Homes in Pleasant Hill had an average of 48 days on market in Nov 2024, down by 20.1% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pleasant Hill are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 15 homes were sold in Pleasant Hill; 80% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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