Pleasant Hill, IA—50327
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Pleasant Hill, IA
As of Oct '25, the median home price in Pleasant Hill, IA is $314,000, with a year-over-year change of 0.6%. This indicates that home prices in Pleasant Hill, IA are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $314,000 | 0.6% |
| Single Family | $322,000 | 0.6% |
| Condos | $256,000 | 1.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $244,000 | 0.0% |
3 Bed | $301,000 | 0.7% |
4 Bed | $380,000 | 0.5% |
| 5 Bed | $458,000 | -0.4% |
% of Housing Stock
Rental Trends — Pleasant Hill, IA
As of July '25, Rentcast reports the average rent in Pleasant Hill, IA is $1,620, with a year-over-year rent change of 12.5%. Per bedroom, the median rent as of July '25 in Pleasant Hill, IA is 1-bedrooms: $1,630, 2-bedrooms: $1,160, 3-bedrooms: $1,820, 4-bedrooms: $2,800. The most common rental property sizes in Pleasant Hill, IA are 2-bedroom and 3-bedroom, accounting for 48.7% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,340 | $1,620 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $860 | $1,630 |
| 2 Bed Rent | $1,200 | $1,160 |
| 3 Bed Rent | $1,900 | $1,820 |
| 4 Bed Rent | $2,300 | $2,800 |
% of Rental Stock
Property Listings — Pleasant Hill, IA
As of Oct '25, Realtor.com reports that the median days on market for a home in Pleasant Hill, IA is 60. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $358,000 | 7.0% |
Listing Count | 76 | 16.0% |
| Listings as % of Homes | 1.4% | 16.0% |
Days on Market | 60 | -3.0% |
Demographics — Pleasant Hill, IA
As of the latest ACS Survey released in 2023, Pleasant Hill, IA has a population of 12,900, which has increased by 13.1% over the past 5 years. Pleasant Hill, IA is a popular place for families, as children make up 26.2% of the population. The area has a moderately educated workforce, with 32.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,900 | 13.1% |
% Under 18 | 26.2% | 7.4% |
% Seniors | 20.7% | 34.4% |
% WFH | 11.8% | 168.2% |
% w/ College Degree | 32.3% | -3.3% |
As of the latest ACS Survey released in 2023, Pleasant Hill, IA is a predominantly white area, with 83.9% of the population identifying as white. The white population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in Pleasant Hill, IA is hispanic, making up 7.2% of the population. Foreign-born residents account for 4.2% of the population in Pleasant Hill, IA, and this percentage has increased by 31.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.9% | -4.3% |
% Black | 4.1% | 95.2% |
% Hispanic | 7.2% | 50.0% |
% Asian | 3.3% | 37.5% |
% Foreign Born | 4.2% | 31.2% |
Mortgage and Risk — Pleasant Hill, IA
According to HUD data as of 2023, there were 262 mortgage originations in Pleasant Hill, IA, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Pleasant Hill, IA. Investor activity is low, as 2.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 262 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Pleasant Hill, IA
As of 2024, the percent of homes in Pleasant Hill, IA under the Section 8 program is 12.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Pleasant Hill, IA, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 142 |
Total Units Section 8 | 142 |
% Rentals under Section 8 | 12.6% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $200 | $860 | $1,060 |
| 2 Bedroom | $70 | $1,200 | $1,270 |
| 3 Bedroom | -$200 | $1,900 | $1,700 |
| 4 Bedroom | -$590 | $2,300 | $1,710 |
Affordability — Pleasant Hill, IA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $314,000 |
| Median Household Income | $90,800 |