Is Pleasant Hill, IA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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, IA
How much do homes in Pleasant Hill, IA cost?
Median Sold Price
$300,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Pleasant Hill has remained the same since last year.
Summary: The median home sold price in Pleasant Hill was $300,000 in April 2024, up 0.4% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $230K | $242.8K | +5.6% |
| 3 Bedrooms | $285.1K | $288.9K | +1.4% |
| 4 Bedrooms | $368K | $367.2K | -0.2% |
| 5+ Bedrooms | $391.7K | $475K | +21.3% |
Summary: Pleasant Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 1.4%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 21.3%.
Median Sold Price Compared To Nearby Cities
| Delaware Township | $275K | $297K | +8.0% |
| Allen Township | $306K | $329.9K | +7.8% |
| Clay Township | $294.3K | $309.7K | +5.2% |
| Pleasant Hill | $298.7K | $300K | 0.4% |
| Four Mile Township | $298.3K | $295K | -1.1% |
Housing Supply in Pleasant Hill, IA
How many homes are available in Pleasant Hill, IA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 98 | 96 | -2.0% |
Summary: The Pleasant Hill real estate market had 96 homes for sale in April 2024, a 2.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 11 | +57.1% |
| 3 Bedrooms | 59 | 55 | -6.8% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Pleasant Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 57.1%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 23 | +43.8% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pleasant Hill, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in Pleasant Hill in April 2024, up by 43.8% month-over-month. Of the 23 sold homes, 39% were sold under asking, 48% were sold at asking, and 13% were sold over asking.
Days on Market for Pleasant Hill, IA
How long does it take to sell a home in Pleasant Hill, IA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 107 Days | 63 Days | -40.8% |
Summary: Homes in Pleasant Hill had an average of 63 days on market in Apr 2024, down by 40.8% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pleasant Hill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 23 homes were sold in Pleasant Hill; 61% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
