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Featured local agent — Plainfield, IL
Sarah Mitchell
Compass Real Estate · Plainfield, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Plainfield, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$492,700median sale price
How is the Plainfield, IL housing market right now?
The median home sale price in Plainfield, IL is $492,700, down 8.8% year-over-year. Homes sell in an average of 57 days with 283 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Plainfield a buyer's or seller's market?
Plainfield, IL is currently a leaning buyer's, based on 4.2 months of supply and homes selling in about 57 days. How we determine this →
Homes sold
68
Last 12 weeks
Days on market
57
Average pace
Active listings
283
4.2 months supply
Sale-to-list
100.0%
Below asking
What does the Plainfield housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $492,700 |
| Median list price | $525,000 |
| Year-over-year price change | -8.8% |
| Average days on market | 57 days |
| Active inventory | 283 listings |
| Months of supply | 4.2 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $212/sq ft |
| Homes sold (latest month) | 68 |
| New listings (latest month) | 103 |
| Listings with a price cut | 19.4% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Plainfield by property type?
How the Plainfield, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $549,995 | $212/sq ft | 46 | 50 days |
| Condo / Co-op | $350,000 | $204/sq ft | 1 | 46 days |
| Townhouse | $364,000 | $208/sq ft | 21 | 84 days |
Source: Redfin · Updated monthly
The Plainfield housing market is currently classified as a leaning buyer's with a median sale price of $492,700. Prices have fallen 8.8% compared to last year, with homes spending an average of 57 days on market, indicating 4.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.1x provides context for how home values compare to local earning capacity.
Homes for sale in Plainfield
There are currently 283 homes listed for sale in Plainfield, Illinois. The median listing price is $525K.
Active listings
283
Homes on market
Median list price
$525K
Avg. days on market
57
Days until sale
New this week
103
Newly listed
Who lives in Plainfield?
Population
45,705
Median income
$142,265/yr
Median age
37.3 years
Owner-occupied
88.7%
College grads
54.9%
Avg commute
34.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Plainfield?
Zillow home value
$434,033
Zillow rent index
$2,898/mo
Price-to-rent ratio
12.5x
Price-to-income
3.1x
Source: Zillow Research
What is it like to live in Plainfield?
Plainfield is a community of approximately 46K residents with a median age of 37.3 years.The median household income is $142,265, which reflects a relatively affluent area with strong earning potential. 54.9% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 34.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Plainfield offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Plainfield?
30 schools tracked · 24,845 students
The largest public schools serving Plainfield, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Plainfield South High School
Grades 9-12 · 2,379 students
Plainfield North High School
Grades 9-12 · 2,365 students
Plainfield High School
Grades 9-12 · 1,898 students
Plainfield East High School
Grades 9-12 · 1,868 students
John F Kennedy Middle Sch
Grades 6-8 · 935 students
Troy Middle School
Grades 7-8 · 878 students
Richard Ira Jones Middle School
Grades 6-8 · 851 students
Timber Ridge Middle School
Grades 6-8 · 848 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Plainfield, IL?
Want a head-to-head view? Compare Plainfield side-by-side with any other U.S. city using our market-comparison tool.
Is Plainfield a good real estate investment market?
For investors evaluating Plainfield, the price-to-rent ratio of 12.5x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 8.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Plainfield's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Plainfield's median home price.
Frequently asked questions
What is the average home price in Plainfield?
The median home sale price in Plainfield is $492,700, down 8.8% from last year.
How long do homes stay on market in Plainfield?
Homes typically spend 57 days on market before going under contract.
What is the median income in Plainfield?
The median household income is $142,265 per year.
Is Plainfield a buyer's or seller's market?
With 4.2 months of supply, Plainfield is currently a leaning buyer's.
What is the Zillow home value estimate for Plainfield?
The Zillow Home Value Index (ZHVI) for Plainfield is $434,033, representing the typical home value in the area.
What is the median condo price in Plainfield?
The median condo/co-op sale price in Plainfield, IL is $350,000, compared to $549,995 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Plainfield?
The median single-family home price in Plainfield, IL is $549,995 (about $212 per square foot).
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