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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 15,143, 6,009 total housing units (homes and apartments), and a median house value of $341,189, 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%).
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 6.50% during the period.
NeighborhoodScout's data show that during the latest twelve months, Plainfield's appreciation rate, at 7.12%, has been at or slightly above the national average. In the latest quarter, Plainfield's appreciation rate has been 3.22%, which annualizes to a rate of 13.53%.
Importantly, this makes Plainfield one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Connecticut, our data show that Plainfield's latest annual appreciation rate is lower than 70% of the other cities and towns in Connecticut.
$341,189
for Connecticut
for nation
6,009
$2,040 / per month