Pleasant Hill, CA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Pleasant Hill, CA Housing Market Trends

With 34,839 people, 13,817 houses or apartments, and a median cost of homes of $808,507, real estate costs in Pleasant Hill are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Pleasant Hill, accounting for 58.66% of the city's housing units. Other types of housing that are prevalent in Pleasant Hill include large apartment complexes or high rise apartments ( 21.28%), duplexes, homes converted to apartments or other small apartment buildings ( 10.54%), and a few row houses and other attached homes ( 8.89%).

The most prevalent building size and type in Pleasant Hill are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 64.64% owning and 35.36% renting.

There is a lot of housing in Pleasant Hill built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Pleasant Hill built between 1940-1969 ( 43.10%). A lesser amount of the housing stock also hails from between 2000 and later ( 6.96%). There's also some housing in Pleasant Hill built before 1939 ( 1.14%).

Pleasant Hill Home Appreciation Rates

In the last 10 years, Pleasant Hill has experienced some of the highest home appreciation rates of any community in the nation. Pleasant Hill real estate appreciated 67.19% over the last ten years, which is an average annual home appreciation rate of 5.27%, putting Pleasant Hill in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Pleasant Hill definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Pleasant Hill appreciation rates have trailed the rest of the nation. In the last twelve months, Pleasant Hill's appreciation rate has been 0.29%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pleasant Hill were at 0.37%, which equates to an annual appreciation rate of 1.49%.

Notably, Pleasant Hill's appreciation rate in the latest quarter is one of the lowest in America.

Relative to California, our data show that Pleasant Hill's latest annual appreciation rate is lower than 90% of the other cities and towns in California.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Pleasant Hill differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Pleasant Hill - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Pleasant Hill real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$808,507

Pleasant Hill, CA HOME PRICES

> $1,103,000
10.6%
10.6%
$827,001 - $1,103,000
28.6%
28.6%
$551,001 - $827,000
42.9%
42.9%
$441,001 - $551,000
8.1%
8.1%
$331,001 - $441,000
6.1%
6.1%
$221,001 - $331,000
1.9%
1.9%
$110,001 - $221,000
0.8%
0.8%
$55,001 - $110,000
0.6%
0.6%
$0 - $55,000
0.4%
0.4%
0.0% 100.0%
% OF HOMES
Value Relative To State

Very High for Nation

High for CA

Value Relative To Nation

Number Of Homes And Apartments:
13,817

Pleasant Hill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
CA*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
117.31% 3.77%
5
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$3,714 / per month

Homeownership Rate

Owners
64.6%
64.6%
Renters
35.4%
35.4%
Vacant
3.9%
3.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
7.0%
7.0%
1970 - 1999
48.8%
48.8%
1940 - 1969
43.1%
43.1%
1939 or Older
1.1%
1.1%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
58.7%
58.7%
Townhomes
8.9%
8.9%
Small Apt. Buildings
10.5%
10.5%
Apt. Complexes
21.3%
21.3%
Mobile Homes
0.4%
0.4%
Other
0.2%
0.2%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
4.3%
4.3%
1 Bedroom
11.3%
11.3%
2 Bedrooms
22.8%
22.8%
3 Bedrooms
37.4%
37.4%
4 Bedrooms
20.7%
20.7%
5 or more bedrooms
3.6%
3.6%
0.0% 100.0%
% OF HOMES