The housing market in Plainfield, IL is thriving. The median value of a house in the area is $331,800, which is just slightly lower than the US median value of $338,100. Additionally, the one year appreciation rate for houses in Plainfield is 9.58%, higher than the US average of 8.27%. This makes Plainfield an attractive option for those looking to purchase a home and reap the benefits of potential appreciation in the future.
The median home cost in Plainfield is $331,800. Home appreciation the last 10 years has been 59.2%. Home Appreciation in Plainfield is up 14.1%.
Average Age of Homes
- The median age of Plainfield real estate is 14 years old
The Rental Market in Plainfield
- Renters make up 13.5% of the Plainfield population
- 0.7% of houses and apartments in Plainfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.