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 October 2023

Since last year, 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

$112,000

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$78,000(-41.1%)

Key Takeaway

Homes in Pleasant Hill have sold for 41.1% less than they did a year ago.

Summary: The median home sold price in Pleasant Hill was $112,000 in October 2024, down 41.1% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$65.9K
N/A
2 $191.9K$130K
-32.3%
3 $184.9K-
N/A
4 $217K-
N/A
5+ --
N/A

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 32.3%, 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

Sep 2024Oct 2024CHANGE
29290.0%

Summary: The Pleasant Hill real estate market had 29 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 2425
+4.2%
3 44
0.0%
4 00
0.0%
5+ 00
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 decreased by 100%, 2 bedroom homes increased by 4.2%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 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, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Pleasant Hill in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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 2023Oct 2024CHANGE
239 Days167 Days-30.1%

Summary: Homes in Pleasant Hill had an average of 167 days on market in Oct 2024, down by 30.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 October 2024, 1 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 20 Days Ago

Newest Listings in Pleasant Hill, TN

Nearby Markets to Pleasant Hill, TN