Altos Market Data for Realtors

Plainfield, IL

Single-Family Homes

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Plainfield, IL

Tue Sep 21 2021
This week the median list price for Plainfield, IL is $399,990 with the market action index hovering around 60. This is less than last month's market action index of 65. Inventory has decreased to 125. Click here to stay informed with the Plainfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Plainfield, IL

Tue Sep 21 2021
This week the median list price for Plainfield, IL is $399,990 with the market action index hovering around 60. This is less than last month's market action index of 65. Inventory has decreased to 125. Click here to stay informed with the Plainfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Plainfield market.
Median List Price $399,990
Median Price of New Listings $299,500
Per Square Foot $165
Average Days on Market 118
Median Days on Market 35
Price Decreased 41%
Price Increased 4%
Relisted 17%
Inventory 125
Median Rent $1,818
Market Action 60
Strong Seller's Market

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$689,900 3,196 0.25 - 0.5 acre 4 3 5 2 7 147
$457,410 2,840 0.25 - 0.5 acre 4 2 17 3 2 42
$354,900 2,378 0.25 - 0.5 acre 4 2 20 7 11 21
$275,000 1,662 8,000 - 10,000 sqft 3 2 26 12 15 24