The story of this market
The typical home in Plainfield, Illinois sells for about $500,000, or $210 per square foot.
Prices are down 2% from a year ago, which gives buyers more room to negotiate. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $2,584 a month.
Monthly price momentum
Home values since 2015
+5.4%
IL · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Plainfield, Illinois
The Plainfield housing market is currently experiencing a period of normalization, with median prices hovering around $500,000. While sales volume remains healthy, the market has seen a slight year-over-year price adjustment, reflecting a shift toward more balanced conditions. High demand for family-oriented housing and the city's strong school reputation continue to support long-term market stability.
No ARED county foreclosure postings attributed to Plainfield yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 3 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 2.3% year over year.
Homes spend a median of 46 days on market with 3.1 months of supply — a fast-moving market.
26% of listings have cut prices · homes sell at 98.73% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 2.5% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
Manages an extensive network of parks, athletic fields, and walking trails that serve as the backbone of the city's recreational life.
Provides scenic waterfront access and recreational opportunities, enhancing the aesthetic and lifestyle appeal of the surrounding neighborhoods.
A historic district featuring a variety of local restaurants, boutiques, and community gathering spaces that drive local foot traffic.
Plainfield is an ideal destination for family buyers seeking high-quality schools and a suburban lifestyle, as well as commuters looking for a balance between space and accessibility. The market also attracts investors drawn to the area's consistent rental demand and steady appreciation potential.
The community is served by highly regarded public school districts, particularly Plainfield Community Consolidated School District 202, which is a primary driver of local housing demand. Schools in the area are frequently recognized for strong academic performance and extensive extracurricular programming.
The city is served by major highway corridors that facilitate commuting to the broader Chicago metro area. While primarily car-dependent, the area benefits from proximity to regional transit hubs and arterial roads that connect to major employment centers.
Plainfield offers a robust amenity base centered on the Plainfield Park District, which manages numerous parks, trails, and recreational facilities. The historic downtown area serves as a focal point for local dining and community events, while the DuPage River provides scenic outdoor opportunities.
The rental market in Plainfield is characterized by high demand and rising prices, with a median rent of approximately $2,584 per month. Vacancy pressure remains low due to the city's appeal to families and professionals who prefer suburban living with access to the Chicago metro area.
Plainfield's economy is primarily service-oriented, benefiting from its role as a residential hub for the Chicago metropolitan area. Major employment sectors include education, healthcare, and retail, with significant growth tied to the expansion of the Route 59 commercial corridor.
Plainfield continues to experience steady economic momentum driven by its position as a preferred residential corridor for commuters and families. Infrastructure investments, such as the Route 59 corridor improvements, support ongoing commercial and residential expansion, attracting a mix of retail and service-sector employers.
Development activity is focused on the continued expansion of the Route 59 corridor and the ongoing revitalization of the historic downtown district. These projects aim to balance residential growth with necessary commercial and infrastructure upgrades.
Parcels in Plainfield are subject to various special taxing districts, including school districts, park districts, and library districts, which are reflected in the overall property tax burden.
Plainfield consistently ranks as one of the safer communities in the Chicago suburbs, with reported crime rates significantly lower than regional averages. Local law enforcement maintains a proactive community-policing model that contributes to a stable and secure environment for residents.
The area faces standard Midwestern climate risks, primarily related to severe thunderstorms and occasional high-wind events. Flood risk is generally localized to areas near the DuPage River, and property insurance markets remain stable but sensitive to national trends in catastrophe coverage.
Property insurance in the area is influenced by regional weather patterns, with premiums remaining stable but subject to adjustments based on national risk assessments for wind and storm damage.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Illinois) — Property Tax Assessment (Fair Cash Value): Property is assessed at 33 1/3% of its fair cash value. The tax bill is calculated by multiplying the equalized assessed value (EAV) by the aggregate tax rate of the local taxing districts.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census ACS 2023 tables for Plainfield village, Illinois.
The federal school roster could not be retrieved on the last refresh — no list is shown rather than an unverified one. Source: NCES EDGE public school locations 2023-24.