Plainfield, NJ Housing Market & Real Estate

Balanced market+8.9% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Plainfield, NJ is $489,000, up 8.9% year-over-year. Homes sell in an average of 59 days with 68 active listings. The market is currently a balanced market.

$489,000median sale price

Is Plainfield a buyer's or seller's market?

Balanced market4.3 months of supply59 avg. days on market

Plainfield, NJ is currently a balanced market, based on 4.3 months of supply and homes selling in about 59 days. How we determine this →

Homes sold

16

Last 12 weeks

Days on market

59

Average pace

Active listings

68

4.3 months supply

Sale-to-list

101.7%

Above asking

Plainfield, NJ market data

Current housing market statistics for Plainfield, NJ
MetricValue
Median sale price$489,000
Median list price$485,000
Year-over-year price change+8.9%
Average days on market59 days
Active inventory68 listings
Months of supply4.3 months
Sale-to-list price ratio101.7%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Plainfield housing market is currently classified as a balanced market with a median sale price of $489,000. Prices have risen 8.9% compared to last year, with homes spending an average of 59 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Plainfield

There are currently 68 homes listed for sale in Plainfield, New Jersey. The median listing price is $485K.

Active listings

68

Homes on market

Median list price

$485K

Avg. days on market

59

Days until sale

New this week

23

Newly listed

Price drops:5.9%of listings
Sale-to-list:101.7%

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Frequently asked questions

What is the average home price in Plainfield?

The median home sale price in Plainfield is $489,000, up 8.9% from last year.

How long do homes stay on market in Plainfield?

Homes typically spend 59 days on market before going under contract.

Is Plainfield a buyer's or seller's market?

With 4.3 months of supply, Plainfield is currently a balanced market.

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