The median value of housing in 07062 Plainfield, NJ is $376,500, which is higher than the national median value of $338,100. In the past year there has been an 8.27% appreciation in house prices nationwide and a 10.07% appreciation in house prices in 07062 Plainfield, NJ; suggesting that this area is experiencing a greater amount of growth in comparison to the rest of the country. Thus, Plainfield represents an attractive option for potential home buyers looking for a stable market with potentially higher returns than other areas across the US.
The median home cost in Plainfield (zip 07062) is $376,500. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Plainfield (zip 07062) is up 13.9%.
Average Age of Homes
- The median age of Plainfield (zip 07062) real estate is 64 years old
The Rental Market in Plainfield (zip 07062)
- Renters make up 30.8% of the Plainfield (zip 07062) population
- 0.0% of houses and apartments in Plainfield (zip 07062), 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.