Is Pleasant Hill, OR 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 October 2023

Since last year, Pleasant Hill has remained a Seller's 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, OR

How much do homes in Pleasant Hill, OR cost?

Median Sold Price

$667,500

$335/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$52,500(-7.3%)

Key Takeaway

Homes in Pleasant Hill have sold for 7.3% less than they did a year ago.

Summary: The median home sold price in Pleasant Hill was $667,500 in October 2024, down 7.3% from last year, and the median price per square foot was $335.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $507.5K$360K
-29.1%
3 $612.5K$518.1K
-15.4%
4 $875K$852.5K
-2.6%
5+ $776K$1.1M
+51.4%

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 29.1%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 51.4%.

Median Sold Price Compared To Nearby Cities

Springfield
+2.4%
Eugene-Springfield
0%
Pleasant Hill
-7.3%

Housing Supply in Pleasant Hill, OR

How many homes are available in Pleasant Hill, OR?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1815-16.7%

Summary: The Pleasant Hill real estate market had 15 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 86
-25.0%
4 77
0.0%
5+ 22
0.0%

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 decreased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Hill, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Pleasant Hill in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Pleasant Hill, OR

How long does it take to sell a home in Pleasant Hill, OR?

Average Sale Time

Oct 2023Oct 2024CHANGE
13 Days38 Days+192.3%

Summary: Homes in Pleasant Hill had an average of 38 days on market in Oct 2024, up by 192.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was 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 October 2024, 4 homes were sold in Pleasant Hill; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 20 Days Ago

Newest Listings in Pleasant Hill, OR

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