Plainfield IN

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Plainfield, IN 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 Q1 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

Plainfield Housing Market Information

With a population of 34,386, 11,936 total housing units (homes and apartments), and a median house value of $183,700, Plainfield real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Plainfield, accounting for 68.28% of the town's housing units. Other types of housing that are prevalent in Plainfield include large apartment complexes or high rise apartments ( 17.51%), duplexes, homes converted to apartments or other small apartment buildings ( 6.57%), and a few row houses and other attached homes ( 5.94%).

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 66.94% of Plainfield's homes, and 58.50% 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. 40.64% of Plainfield's housing was built since 2000, making the town 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 ( 35.55%), and between 1940-1969 ( 18.33%). There's also some housing in Plainfield built before 1939 ( 5.48%).

Plainfield Home Appreciation Rates

Appreciation rates for homes in Plainfield have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 31.76%, which ranks in the top 50% nationwide. This equates to an annual average Plainfield house appreciation rate of 2.80%.

NeighborhoodScout's data show that during the latest twelve months, Plainfield's appreciation rate, at 5.72%, has been at or slightly above the national average. In the latest quarter, Plainfield's appreciation rate has been 1.01%, which annualizes to a rate of 4.12%.

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

One very important thing to keep in mind is that these are average appreciation rates for the town. 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, IN HOME PRICES

Value Range
> $1,200,000 0.3
$900,001 - $1,200,000 0.4
$600,001 - $900,000 1.3
$480,001 - $600,000 2.0
$360,001 - $480,000 6.6
$240,001 - $360,000 21.8
$120,001 - $240,000 54.7
$60,001 - $120,000 9.4
$0 - $60,000 3.6

High for IN
Average for Nation

Value Relative to Nation Value Relative to State
46.2832116788321 25.3393665158371

Number Of Homes And Apartments:

Plainfield Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
41.33% 1.72%
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,414 / per month

Homeownership Rate

Owners 66.94
Renters 33.06
Vacant 6.47

Housing Market Details


Age of Homes

AGE OF Plainfield HOMES
2000 or Newer 40.6
1970 - 1999 35.6
1940 - 1969 18.3
1939 or Older 5.5

Types of Homes

TYPE OF Plainfield HOMES
Single-Family 68.3
Townhomes 5.9
Small Apt. Buildings 6.6
Apt. Complexes 17.5
Mobile Homes 1.7
Other 0.0

Home Size

SIZE OF Plainfield HOMES
No Bedroom 3.56
1 Bedroom 5.34
2 Bedrooms 26.49
3 Bedrooms 43.15
4 Bedrooms 15.34
5 or more bedrooms 6.11