Is Pleasant Hills, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Pleasant Hills has remained a Seller's Market.
Key Takeaway
Pleasant Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pleasant Hills, PA
How much do homes in Pleasant Hills, PA cost?
Median Sold Price
$272,005
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pleasant Hills have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Pleasant Hills was $272,005 in May 2024, up 8.2% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172K | $208K | +20.9% |
| 3 Bedrooms | $247K | $265K | +7.3% |
| 4 Bedrooms | $314.9K | $297.5K | -5.5% |
| 5+ Bedrooms | $465K | $380K | -18.3% |
Summary: Pleasant Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.9%, 3 bedroom homes increased by 7.3%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes decreased by 18.3%.
Median Sold Price Compared To Nearby Cities
| Pleasant Hills | $251.4K | $272K | +8.2% |
| Jefferson Hills | $306.2K | $325.1K | +6.2% |
| Baldwin | $205K | $215K | +4.9% |
| West Mifflin | $167.5K | $165K | -1.5% |
Housing Supply in Pleasant Hills, PA
How many homes are available in Pleasant Hills, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 28 | -6.7% |
Summary: The Pleasant Hills real estate market had 28 homes for sale in May 2024, a 6.7% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 19 | 15 | -21.1% |
| 4 Bedrooms | 9 | 10 | +11.1% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Pleasant Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 21.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 13 | +30.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Hills, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Pleasant Hills in May 2024, up by 30.0% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% were sold over asking.
Days on Market for Pleasant Hills, PA
How long does it take to sell a home in Pleasant Hills, PA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 23 Days | +9.8% |
Summary: Homes in Pleasant Hills had an average of 23 days on market in May 2024, up by 9.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Hills are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 13 homes were sold in Pleasant Hills; 69% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
