Plainfield, NJ is a great place to live due to its strong housing market. The median value of homes in Plainfield is significantly higher than the national median value of $338,100. Furthermore, over the past year, appreciation has been on the rise with an increase of 10.07%, which is higher than the national house appreciation of 8.27%. This indicates that Plainfield's housing market is healthy and will continue to remain strong in the coming years.
The median home cost in Plainfield is $400,600. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Plainfield is up 13.9%.
Average Age of Homes
- The median age of Plainfield real estate is 65 years old
The Rental Market in Plainfield
- Renters make up 46.2% of the Plainfield population
- 1.2% 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.