Plainfield IL

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Plainfield, IL Real Estate Data

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 Q3 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

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

Plainfield Housing Market Information

With 44,308 people, 12,521 houses or apartments, and a median cost of homes of $345,351, Plainfield real estate is some of the most expensive in Illinois, although Plainfield home values aren't among America's most expensive.

Plainfield is a village of large, single-family homes. In fact, there is a higher proportion of four, five or more bedroom homes in Plainfield than is found in 98% of the communities in America.

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 87.34% of Plainfield's homes, and 75.86% have either three or four bedrooms, which is average sized relative to America.

Plainfield homes and real estate are some of the newest in America. 68.77% of Plainfield's housing was built since 2000, making the village have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Plainfield real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 26.29%), and between 1940-1969 ( 2.81%). There's also some housing in Plainfield built before 1939 ( 2.12%).

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 2.03% during the period.

Over the last year, Plainfield appreciation rates have trailed the rest of the nation. In the last twelve months, Plainfield's appreciation rate has been 1.61%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Plainfield were at 1.06%, which equates to an annual appreciation rate of 4.31%.

Relative to Illinois, our data show that Plainfield's latest annual appreciation rate is lower than 80% of the other cities and towns in Illinois.

One very important thing to keep in mind is that these are average appreciation rates for the village. Individual neighborhoods within Plainfield differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Plainfield - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Plainfield real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Plainfield, IL HOME PRICES

Value Range
> $1,146,000 0.6
$860,001 - $1,146,000 0.5
$573,001 - $860,000 5.0
$458,001 - $573,000 12.5
$344,001 - $458,000 31.7
$229,001 - $344,000 31.8
$114,001 - $229,000 15.4
$57,001 - $114,000 0.9
$0 - $57,000 1.7

Very High for IL
Very High for Nation

Value Relative to Nation Value Relative to State
16.8992700729927 8.48101265822785

Number Of Homes And Apartments:

Plainfield Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2020 Q2 - 2020 Q3
Last 12 Months:
2019 Q3 - 2020 Q3
Last 2 Years:
2018 Q3 - 2020 Q3
Last 5 Years:
2015 Q3 - 2020 Q3
Last 10 Years:
2010 Q3 - 2020 Q3
Since 2000:
2000 Q1 - 2020 Q3
29.14% 1.24%
* 10 is highest

Rent & Ownership


Average Market Rent:
$2,242 / per month

Homeownership Rate

Owners 87.34
Renters 12.66
Vacant 1.85

Housing Market Details


Age of Homes

AGE OF Plainfield HOMES
2000 or Newer 68.8
1970 - 1999 26.3
1940 - 1969 2.8
1939 or Older 2.1

Types of Homes

TYPE OF Plainfield HOMES
Single-Family 81.1
Townhomes 12.8
Small Apt. Buildings 1.6
Apt. Complexes 4.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Plainfield HOMES
No Bedroom 1.32
1 Bedroom 2.63
2 Bedrooms 9.54
3 Bedrooms 23.56
4 Bedrooms 52.29
5 or more bedrooms 10.65