Is Plainfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Plainfield has remained a Seller's Market.
Housing Prices in Plainfield, CT
How much do homes in Plainfield, CT cost?
Median Sold Price
$299,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Plainfield was $299,000 in March 2024, up 6.4% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65.2K | $109K | +67.2% |
2 Bedrooms | $226.2K | $205K | -9.4% |
3 Bedrooms | $296K | $302.5K | +2.2% |
4 Bedrooms | $317.4K | $315K | -0.8% |
5+ Bedrooms | $270K | $303K | +12.2% |
Summary: Plainfield housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 67.2%, 2 bedroom homes decreased by 9.4%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 12.2%.
Median Sold Price Compared To Nearby Cities
Sterling | $284.5K | $319.9K | +12.4% |
Plainfield | $281K | $299K | +6.4% |
Canterbury | $329.9K | $340K | +3.1% |
Moosup | $335K | $307.5K | -8.2% |
Housing Supply in Plainfield, CT
How many homes are available in Plainfield, CT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 44 | -10.2% |
Summary: The Plainfield real estate market had 44 homes for sale in March 2024, a 10.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 12 | +20.0% |
3 Bedrooms | 24 | 20 | -16.7% |
4 Bedrooms | 6 | 5 | -16.7% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Plainfield housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
11 | 12 | +9.1% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Plainfield in March 2024, up by 9.1% month-over-month. Of the 12 sold homes, 17% were sold under asking, 17% were sold at asking, and 67% were sold over asking.
Days on Market for Plainfield, CT
How long does it take to sell a home in Plainfield, CT?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 12 homes were sold in Plainfield; 0% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.