menu
Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Plainfield, CT Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Plainfield, CT Housing Market Trends

With a population of 15,143, 6,009 total housing units (homes and apartments), and a median house value of $329,622, Plainfield real estate values are some of the lowest in Connecticut, although compared to real estate around the nation, Plainfield homes are still considered rather expensive.

Single-family detached homes are the single most common housing type in Plainfield, accounting for 65.16% of the town's housing units. Other types of housing that are prevalent in Plainfield include duplexes, homes converted to apartments or other small apartment buildings ( 19.42%), large apartment complexes or high rise apartments ( 10.10%), and a few row houses and other attached homes ( 4.62%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Plainfield. Owner-occupied housing accounts for 69.93% of Plainfield's homes, and 60.96% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Plainfield built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Plainfield built before 1939 ( 31.35%). A lesser amount of the housing stock also hails from between 1940-1969 ( 21.24%). There's also some housing in Plainfield built between 2000 and later ( 9.74%).

Plainfield Home Appreciation Rates

Real estate appreciation rates in Plainfield's have tracked to near the national average over the last then years, with the annual appreciation rate averaging 6.01% during the period.

Appreciation rates are so strong in Plainfield that despite a nationwide downturn in the housing market, Plainfield real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Plainfield appreciation rates continue to be some of the highest in America, at 7.82%, which is higher than appreciation rates in 84.19% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Plainfield. Plainfield appreciation rates in the latest quarter were at 0.60%, which equates to an annual appreciation rate of 2.41%.

Relative to Connecticut, our data show that Plainfield's latest annual appreciation rate is higher than 50% of the other cities and towns in Connecticut.

Average Home Values

Median Home Value

$329,622

Plainfield, CT Home Prices
> $1,342,000
$1,007,001 - $1,342,000
$671,001 - $1,007,000
$537,001 - $671,000
$403,001 - $537,000
$269,001 - $403,000
$134,001 - $269,000
$67,001 - $134,000
$0 - $67,000
0.3%
0.3%
0.6%
0.6%
3.0%
3.0%
2.6%
2.6%
15.9%
15.9%
48.6%
48.6%
26.3%
26.3%
1.5%
1.5%
1.3%
1.3%
0% 100.0%
% of Homes
Very Low

for Connecticut

High

for nation

Number of Homes And Apartments:

6,009

Plainfield Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,938 / per month

Homeownership Rate

Owners
Renters
69.9%
69.9%
30.1%
30.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.3%
3.3%
96.7%
96.7%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
9.7%
9.7%
37.7%
37.7%
21.2%
21.2%
31.3%
31.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
65.2%
65.2%
4.6%
4.6%
19.4%
19.4%
10.1%
10.1%
0.7%
0.7%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.1%
0.1%
9.8%
9.8%
26.2%
26.2%
49.5%
49.5%
11.4%
11.4%
2.9%
2.9%
0% 100.0%
% of Homes