Is Pleasant Hill, TN 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 Last Month

Since last month, Pleasant Hill has remained a Buyer'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, TN

How much do homes in Pleasant Hill, TN cost?

Median Sold Price

$89,000

$74/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$76,000(-46.1%)

Key Takeaway

Homes in Pleasant Hill have sold for 46.1% less than they did a month ago.

Summary: The median home sold price in Pleasant Hill was $89,000 in November 2024, down 46.1% from last month, and the median price per square foot was $74.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $165K$89K
-46.1%
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Pleasant Hill housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.1%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Pleasant Hill, TN

How many homes are available in Pleasant Hill, TN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2928-3.4%

Summary: The Pleasant Hill real estate market had 28 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 2524
-4.0%
3 44
0.0%
4 00
0.0%
5+ 00
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 remained the same, 2 bedroom homes decreased by 4%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pleasant Hill, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in Pleasant Hill in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Pleasant Hill, TN

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

Average Sale Time

Oct 2024Nov 2024CHANGE
167 Days1,727 Days+934.1%

Summary: Homes in Pleasant Hill had an average of 1,727 days on market in Nov 2024, up by 934.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Pleasant Hill are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Pleasant Hill; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 21 Days Ago

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