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Cheap Homes in Plainfield, IN

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Living in Plainfield, IN

Plainfield, IN is a vibrant suburb of Indianapolis known for its excellent schools, community parks, and family-friendly environment. Situated conveniently close to the city's amenities, it offers a perfect balance of suburban living with easy access to urban resources. Residents enjoy various recreational activities and a tight-knit community spirit.

Current Market Conditions in Plainfield, IN

The real estate market in Plainfield has been experiencing consistent growth in recent years, driven by its appealing neighborhood atmosphere and affordable housing options. Investors are keen on the area due to an increasing demand for family homes and the town's attractive amenities.

The current trend shows rising property values, reflecting a strong interest in homeownership. This, coupled with low inventory levels, suggests an opportune moment for investors looking to enter a thriving residential market.

Home Value Estimator For Plainfield, IN

There are currently 10,144 real estate properties in Plainfield, IN, with a median automated valuation model (AVM) price of $311,057.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Plainfield, IN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Plainfield, IN, is $332,663.00, with the most expensive house in Plainfield, IN, topping out at $6,387,769.00 and the cheapest home in Plainfield, IN, clocking in at $11,969.00. In other words, there’s something for every potential homebuyer or savvy investor in Plainfield, IN!

Rent Prices In Plainfield, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Plainfield, IN, is on a rollercoaster ride. The average rent price in Plainfield, IN, is $1,412.00. Indeed, when looking to rent in Plainfield, IN, you can expect to pay as little as $610.00 or as much as $3,400.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Plainfield, IN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Plainfield, IN


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