Plainfield, NJ Foreclosures
How much do homes sell for in Plainfield, NJ?
The average home price is currently $503,318.
In Plainfield, NJ, how many homes are available?
There are currently 204 active home listings available in Plainfield.
What’s the average rental cost in Plainfield, NJ?
The average rental price in Plainfield is $1,914.
What is the most expensive home in Plainfield?
The most expensive home sold in Plainfield had a price of $25,025,145.
What is currently the cheapest priced home in Plainfield, NJ?
The cheapest home for sale in Plainfield is priced at $15,885.
Living in Plainfield, NJ
Plainfield, NJ is a bustling city characterized by a unique blend of suburban living and urban convenience. Known for its diverse community and rich cultural history, the city offers an array of recreational parks and a lively downtown area. Its proximity to public transport makes it an attractive place for commuters and families seeking a vibrant community.
Current Market Conditions in Plainfield, NJ
The Plainfield real estate market has shown signs of growth over the past year, with an increase in home values driven by demand for single-family homes in the region. The city's historical architecture, combined with its suburban nature and close-knit community feel, continues to attract buyers. The market remains competitive, with homes selling quicker than the previous year, reflecting an upward trend in property values.
As more families and first-time homebuyers look to settle in Plainfield, the demand for affordable housing options remains high. New developments and renovated homes in the area are appealing choices, leading to an increase in buyer competition. The current inventory shows a healthy turnover, making it essential for potential buyers to act swiftly.
Home Value Estimator For Plainfield, NJ
There are currently 11,254 real estate properties
in Plainfield, NJ,
with a median automated valuation model (AVM) price
of $466,450.00. 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, NJ, 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, NJ,
is $503,318.00, with the most expensive house
in Plainfield, NJ, topping out
at $25,025,145.00 and the cheapest home
in Plainfield, NJ,
clocking in at $15,885.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Plainfield, NJ!
Rent Prices
In Plainfield, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Plainfield, NJ, is on
a rollercoaster ride. The
average rent price in Plainfield, NJ,
is $1,914.00. Indeed, when looking to rent in
Plainfield, NJ, you can expect to pay as little
as $1,120.00 or as much
as $3,100.00,
with the average rent median estimated to
be $1,890.00. The good news is that finding
an affordable and desirable property to rent in Plainfield, NJ
-- 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.
Learn more on Foreclosure homes
