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 buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pleasant Hill was a Seller's Market.

Key Takeaway

Pleasant Hill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Pleasant Hill, IA

How much do homes in Pleasant Hill, IA cost?

Median Sold Price

$325,000

$218/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$30,000(+10.2%)

Key Takeaway

Homes in Pleasant Hill have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Pleasant Hill was $325,000 in October 2024, up 10.2% from last year, and the median price per square foot was $218.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $250K$227K
-9.2%
3 $279.9K$291.5K
+4.1%
4 $369.9K$382.5K
+3.4%
5+ $414.7K$479.9K
+15.7%

Summary: Pleasant Hill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 9.2%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 15.7%.

Median Sold Price Compared To Nearby Cities

Pleasant Hill
+10.2%
Four Mile Township
+5.5%
Delaware Township
+4.2%
Clay Township
+3.8%

Housing Supply in Pleasant Hill, IA

How many homes are available in Pleasant Hill, IA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6371+12.7%

Summary: The Pleasant Hill real estate market had 71 homes for sale in October 2024, a 12.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1014
+40.0%
3 3236
+12.5%
4 1817
-5.6%
5+ 34
+33.3%

Summary: The Pleasant Hill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
149-35.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was 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. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Pleasant Hill in October 2024, down by 35.7% month-over-month. Of the 9 sold homes, 44% were sold under asking, 44% were sold at asking, and 11% 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

Oct 2023Oct 2024CHANGE
21 Days61 Days+180.1%

Summary: Homes in Pleasant Hill had an average of 61 days on market in Oct 2024, up by 180.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were 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 October 2024, 9 homes were sold in Pleasant Hill; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 16 Days Ago

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