Pleasant Hill, IA
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Pleasant Hill, IA Real Estate Data


Pleasant Hill Housing Market Information

With 9,314 people, 3,482 houses or apartments, and a median cost of homes of $193,421, Pleasant Hill real estate is some of the most expensive in Iowa, although Pleasant Hill home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Pleasant Hill, accounting for 62.28% of the city's housing units. Other types of housing that are prevalent in Pleasant Hill include large apartment complexes or high rise apartments ( 16.68%), row houses and other attached homes ( 16.19%), and a few mobile homes or trailers ( 3.83%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Pleasant Hill. Owner-occupied housing accounts for 75.68% of Pleasant Hill's homes, and 65.29% have either three or four bedrooms, which is average sized relative to America.

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 2000 and later ( 42.67%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.45%). There's also some housing in Pleasant Hill built before 1939 ( 2.02%).

Pleasant Hill Home Appreciation Rates

Appreciation rates for homes in Pleasant Hill have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 4.09%, which ranks in the top 50% nationwide. This equates to an annual average Pleasant Hill house appreciation rate of 0.40%.

NeighborhoodScout's data show that during the latest twelve months, Pleasant Hill's appreciation rate, at 4.96%, has been at or slightly above the national average. In the latest quarter, Pleasant Hill's appreciation rate has been 2.05%, which annualizes to a rate of 8.47%.

Relative to Iowa, our data show that Pleasant Hill's latest annual appreciation rate is higher than 70% of the other cities and towns in Iowa.

Average Home Values

 

Median Home Value:
$193,421

Pleasant Hill, IA HOME PRICES

Value Range
> $1,129,000 0.2
$847,001 - $1,129,000 0.0
$565,001 - $847,000 0.6
$452,001 - $565,000 0.7
$339,001 - $452,000 4.5
$226,001 - $339,000 24.7
$113,001 - $226,000 59.4
$56,001 - $113,000 2.7
$0 - $56,000 7.2

Very High for IA
High for Nation

Value Relative to Nation Value Relative to State
34.8187620776483 12.5925925925926

Number Of Homes And Apartments:
3,482

Rent & Ownership

 

Average Market Rent:
$966 / per month

Homeownership Rate

Homeownership
Owners 75.68
Renters 24.32
Vacant 4.76

Housing Market Details

 

Age of Homes

AGE OF Pleasant Hill HOMES
2000 or Newer 42.7
1970 - 1999 44.9
1940 - 1969 10.4
1939 or Older 2.0

Types of Homes

TYPE OF Pleasant Hill HOMES
Single-Family 62.3
Townhomes 16.2
Small Apt. Buildings 1.0
Apt. Complexes 16.7
Mobile Homes 3.8
Other 0.0

Home Size

SIZE OF Pleasant Hill HOMES
No Bedroom 0.00
1 Bedroom 5.06
2 Bedrooms 26.72
3 Bedrooms 46.36
4 Bedrooms 18.93
5 or more bedrooms 2.93

Pleasant Hill Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
IA*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
31.31% 1.62% 2 3
* 10 is highest

Popular Neighborhoods in Pleasant Hill

Zip Codes in Pleasant Hill, IA