Local housing markets move in small waves, not sudden tides. Pleasant Hill, CA sits squarely in Contra Costa County and acts as a bridge between inner Bay Area job centers and suburban living patterns. This Market Report about homes in Pleasant Hill compiles the latest pricing, listings, sales, days-on-market, and trend signals YTD so local buyers, sellers, and advisors can see where the area stands right now.
What is the Current State of the Pleasant Hill Real Estate Market?
Through September 2025 the picture is mixed. Citywide median sale price data show Pleasant Hill at about $920,000 in September 2025, down roughly 2.6 percent from the prior year, and sales velocity has slowed compared with the same month last year.
At the same time, inventory and price segmentation matter. Some detached single-family segments report higher medians in pockets of the city, while compact, downtown, and near-BART listings trade at different price bands. The local association data for detached homes in September show a smaller inventory and pockets of higher median sale prices for specific product types, which underscores that performance varies by housing type.
Average List Price
Median list-price snapshots differ by index. Zillow reports a median list price near $966,481 as of September 30, 2025 for Pleasant Hill, reflecting the ask-side of the market and current listing mix.
List prices remain sensitive to product mix. Downtown and condo/townhome listings often post lower list medians than detached single-family homes in outlying pockets, which pushes the citywide average up or down as different property types dominate the active inventory.
Average Sales Price
Reported sales prices depend on timeframe and source. Redfin’s city-level figure puts the median sale price at $920,000 for September 2025, down 2.6 percent year-over-year. Realtor and other sold-data snapshots show similar mid-six-figure medians for the most recent months, with variation depending on which properties closed in a given period.
Segment-level medians can diverge. For example, detached single-family medians reported by the local association in September were substantially higher than the citywide median for that month, showing how product mix drives the headline sales number.
Number of Homes Listed
Listing totals change with the seasons and with sellers’ timing strategies. Zillow tallied around 91 properties for sale in late September 2025, while a local MLS report showed only 39 detached homes on the market at month-end. That level of supply works out to roughly one to two months of inventory in the tighter segments.
Because Pleasant Hill is a relatively compact market, small changes in absolute listing counts can swing supply metrics materially. Watch weekly inventory trends for early signals of market tightening or loosening.
Number of Homes Sold
Monthly closed-volume also varies by data source and product group. Redfin reported 22 homes sold in September 2025 in the city dataset it tracks, down from 29 the prior September; other portals and local MLS summaries report somewhat different counts depending on inclusion rules and timing of public-record updates.
YTD sold-unit tallies at the local association level provide a clearer seasonal view because they break out detached versus attached sales. Those YTD tables show how many units have traded in comparable slices of the market and are useful for comparing current-year velocity to prior years.
Average Days on Market
Market speed has cooled. Redfin shows median days-on-market of about 43 days in September 2025, compared with much shorter median DOM a year earlier; statewide and regional reports also indicate a longer time to contract in 2025 versus 2024.
Longer DOM can reflect higher buyer scrutiny, interest-rate sensitivity, and a wider range of seller pricing strategies. For sellers, an accurate DOM read for your micro-neighborhood is often the best signal for how to price and stage a home.
Price Drops
Price-reduction activity is visible but not uniformly extreme. Zillow’s current listings filter shows price-reduced listings in Pleasant Hill numbering in the low double-digits as of early October 2025, and local MLS reports note pockets where sellers have trimmed price expectations to attract buyers.
At the county and regional level, some publications report increased use of price adjustments as sellers adapt to a slower market; the degree of reductions is typically larger where inventory has outpaced recent demand.
How Have Home Values Changed in Pleasant Hill?
Here’s a short look at how property prices have changed over the past few years.
One-Year Change
One-year comparisons show modest declines in many city-wide indices. Redfin reports a 2.6 percent year-over-year decrease in median sale price for September 2025, while Zillow’s value index shows a roughly 2.1 percent one-year decline to its September 2025 reading. These closely dated measures capture short-term cooling in response to rate and demand dynamics.
Three-Year Change
Three-year performance mixes pre-pandemic, pandemic, and post-pandemic dynamics. Over this horizon many Bay Area suburbs including Pleasant Hill recorded net gains, although the pace slowed from the sharp gains observed in earlier years. Local indices and MLS composites indicate gains over multi-year windows, even as single-year comparisons show softening in 2024–2025. Use the local association YTD tables for precise three-year unit and price comparisons.
Five-Year Change
Five-year comparisons generally reflect solid cumulative appreciation from low points in the early 2020s to mid-2020s levels. Exact percentage changes differ by neighborhood and dwelling type; downtown condos and small-lot homes show different five-year trajectories than larger detached properties. Public and MLS-derived indices both point to positive five-year growth for many Pleasant Hill segments.
Ten-Year Change
Over a ten-year span, most coastal and close-to-coast Bay Area markets have seen solid price growth. Pleasant Hill’s decade-long picture includes both high points and pullbacks, but values are still up meaningfully when you compare 2015 to 2025, in line with what’s been happening across Contra Costa and the greater Bay Area. For exact percentage changes by home type, check the local MLS annual reports and long-term market indexes.
How Are Mortgage Rates?
Mortgage rates matter for buyer purchasing power. Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate average at about 6.30 percent for the week ending October 9, 2025; a handful of consumer-rate trackers reported similar mid-6 percent averages into mid-October 2025.
Outlooks vary. Market commentary in October 2025 suggested modest easing in rates compared with mid-2025 peaks, but economists caution that short-term moves depend on Fed policy, inflation readings, and Treasury yields. Lower rates would typically improve buyer affordability and could increase activity, while rate increases can cool demand and pressure sale prices. News reporting and Federal Reserve cues are the best near-term guides for 3-, 6-, and 12-month rate expectations.
Is it a Buyer or Seller’s Market in Pleasant Hill?
The answer is: it depends on the slice. On a narrow product-level basis, detached single-family housing with constrained supply can still look tight; local association data showing limited months of inventory for certain detached segments supports that reading.
Citywide and across all product types, however, inventory has risen compared with the heated pandemic years, days on market are longer, and price movement has softened in 2025; those factors point toward a more balanced market and, in places, some buyer leverage. The market is therefore patchwork: sellers of well-positioned, updated homes in favored micro-neighborhoods still see strong interest; the broader market shows evidence of buyers gaining negotiating power where inventory is higher or pricing is optimistic.
FAQs about Pleasant Hill, CA Market Trends
How should I use these numbers if I am pricing a house?
Look at recent sales of similar homes from the last month or two, and keep an eye on days-on-market in that immediate area. Citywide median prices help for background, but the most dependable insight comes from nearby comps and what you see in the MLS for your own block.
Will lower mortgage rates immediately boost demand?
Lower rates usually improve buyer purchasing power and can increase activity after a short lag, but the effect depends on inventory and seller behavior. If sellers hold firm on ask prices even as rates fall, velocity may increase without a large price rebound.
Are houses in some neighborhoods holding value better than others?
Yes. Higher-demand micro-markets, such as certain Grayson pockets and parts of the city with larger lots, have different supply dynamics than downtown or near-BART condo clusters. Look at neighborhood-level sold data to see which areas are holding or improving value.
How often should I look at new property data if I am buying or selling?
Weekly checks on active inventory, new listings, price adjustments, and recent closings will give you the clearest read. YTD and monthly reports are useful for broader context, but week-to-week shifts signal tactical changes.