The housing market in Plainfield, SD is doing well compared to the US on average. The median house value of $309,100 in Plainfield is significantly lower than the US house median value of $338,100. However, the appreciation rate for houses in Plainfield is much higher than that of the national average at 14.45%, 8.27% higher than the 1 year US house appreciation rate. This shows that there is a growing market for housing in Plainfield which could be attributed to a number of factors such as population growth or economic development initiatives.
The median home cost in Plainfield is $309,100. Home appreciation the last 10 years has been 81.4%. Home Appreciation in Plainfield is up 17.2%.
Average Age of Homes
- The median age of Plainfield real estate is 43 years old
The Rental Market in Plainfield
- Renters make up 0.0% of the Plainfield population
- 0.0% 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.