Is Pleasantville, NJ a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pleasantville is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Pleasantville was a Neutral Market.

Key Takeaway

Pleasantville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pleasantville, NJ

How much do homes in Pleasantville, NJ cost?

Median Sold Price

$239,000

$189/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$64,000(+36.6%)

Key Takeaway

Homes in Pleasantville have sold for 36.6% more than they did a year ago.

Summary: The median home sold price in Pleasantville was $239,000 in October 2024, up 36.6% from last year, and the median price per square foot was $189.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $87.5K$116K
+32.6%
2 $141K$150K
+6.4%
3 $226.6K$257.5K
+13.6%
4 $246.5K$295K
+19.7%
5+ $207.5K$319.9K
+54.2%

Summary: Pleasantville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 32.6%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 54.2%.

Median Sold Price Compared To Nearby Cities

Pleasantville
+36.6%
Absecon
+30.8%
Ventnor City
+15.2%
Atlantic City
+12.8%

Housing Supply in Pleasantville, NJ

How many homes are available in Pleasantville, NJ?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7478+5.4%

Summary: The Pleasantville real estate market had 78 homes for sale in October 2024, a 5.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 64
-33.3%
2 1419
+35.7%
3 3837
-2.6%
4 1215
+25.0%
5+ 43
-25.0%

Summary: The Pleasantville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 35.7%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2724-11.1%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasantville, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Pleasantville in October 2024, down by 11.1% month-over-month. Of the 12 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Pleasantville, NJ

How long does it take to sell a home in Pleasantville, NJ?

Average Sale Time

Oct 2023Oct 2024CHANGE
11 Days37 Days+237.5%

Summary: Homes in Pleasantville had an average of 37 days on market in Oct 2024, up by 237.5% compared to last year.

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 24 homes were sold in Pleasantville; 71% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 13% 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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