Pleasantville, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
Lowest

Highest Appreciating Pleasantville Neighborhoods Since 2000




Pleasantville, NJ Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Pleasantville Housing Market Information

With a population of 20,755, 6,699 total housing units (homes and apartments), and a median house value of $155,298, Pleasantville real estate values are some of the lowest in New Jersey, although compared to real estate around the nation, Pleasantville homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Pleasantville, accounting for 55.76% of the city's housing units. Other types of housing that are prevalent in Pleasantville include large apartment complexes or high rise apartments ( 27.10%), duplexes, homes converted to apartments or other small apartment buildings ( 11.71%), and a few row houses and other attached homes ( 4.81%).

People in Pleasantville primarily live in small (one, two or no bedroom) single-family detached homes. Pleasantville has a mixture of owner-occupied and renter-occupied housing.

There is a lot of housing in Pleasantville 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 Pleasantville built between 1940-1969 ( 33.87%). A lesser amount of the housing stock also hails from before 1939 ( 20.76%). There's also some housing in Pleasantville built between 2000 and later ( 10.22%).

Vacant housing appears to be an issue in Pleasantville. Fully 11.44% of the housing stock is classified as vacant. Left unchecked, vacant Pleasantville homes and apartments can be a drag on the real estate market, holding Pleasantville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Pleasantville Home Appreciation Rates

Homes have actually lost value in Pleasantville over the last then years, as home values have seen a decline of 53.66% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Pleasantville home appreciation rates at -5.44%, which equates to an annual appreciation rate of -20.04%.

Over the last year, Pleasantville appreciation rates have trailed the rest of the nation. In the last twelve months, Pleasantville's appreciation rate has been -1.58%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Pleasantville were at -5.44%, which equates to an annual appreciation rate of -20.04%.

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

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

Average Home Values

 

Median Home Value:
$155,298

Pleasantville, NJ HOME PRICES

Value Range
> $924,000 2.1
$693,001 - $924,000 0.0
$462,001 - $693,000 1.4
$370,001 - $462,000 0.8
$277,001 - $370,000 6.8
$185,001 - $277,000 16.9
$92,001 - $185,000 52.8
$46,001 - $92,000 16.7
$0 - $46,000 2.5

Very Low for NJ
Average for Nation

Value Relative to Nation Value Relative to State
47.7792101253955 95.1219512195122

Number Of Homes And Apartments:
6,699

Pleasantville Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
1.44% 0.08% 1 1
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,422 / per month

Homeownership Rate

Homeownership
Owners 52.77
Renters 47.23
Vacant 11.44

Housing Market Details

 

Age of Homes

AGE OF Pleasantville HOMES
2000 or Newer 10.2
1970 - 1999 35.2
1940 - 1969 33.9
1939 or Older 20.8

Types of Homes

TYPE OF Pleasantville HOMES
Single-Family 55.8
Townhomes 4.8
Small Apt. Buildings 11.7
Apt. Complexes 27.1
Mobile Homes 0.6
Other 0.0

Home Size

SIZE OF Pleasantville HOMES
No Bedroom 1.34
1 Bedroom 12.55
2 Bedrooms 39.07
3 Bedrooms 31.91
4 Bedrooms 11.18
5 or more bedrooms 3.95