$3,561 Closing Credit*
$299,900
2,400 SqFt
6 Beds
•2 Full Baths
Christine Johnson, Listing Office: RE/MAX ONE
Is Plainfield, CT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Plainfield has remained a Seller's Market.
Key Takeaway
Plainfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Plainfield, CT
How much do homes in Plainfield, CT cost?
Median Sold Price
$305,000
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$26,500(+9.5%)
Key Takeaway
Homes in Plainfield have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Plainfield was $305,000 in August 2024, up 9.5% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $144K | N/A |
| 2 Bedrooms | $214K | $260K | +21.5% |
| 3 Bedrooms | $297K | $335K | +12.8% |
| 4 Bedrooms | $300K | $325K | +8.3% |
| 5+ Bedrooms | $270K | $306K | +13.3% |
Summary: Plainfield housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.5%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 13.3%.
Median Sold Price Compared To Nearby Cities
| Sterling | $295.5K | $365K | +23.5% |
| Canterbury | $297K | $352.5K | +18.7% |
| Plainfield | $278.5K | $305K | +9.5% |
| Moosup | $330K | $305K | -7.6% |
Housing Supply in Plainfield, CT
How many homes are available in Plainfield, CT?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 66 | 56 | -15.2% |
Summary: The Plainfield real estate market had 56 homes for sale in August 2024, a 15.2% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 9 | -35.7% |
| 3 Bedrooms | 39 | 32 | -17.9% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Plainfield housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 17.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 27 | 17 | -37.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Plainfield, you could pay more than the asking price. 94.1% of homes here sold above asking price last month.
Summary: A total of 17 homes were sold or pending in Plainfield in August 2024, down by 37.0% month-over-month. Of the 17 sold homes, 6% were sold under asking, 0% were sold at asking, and 94% 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
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Plainfield are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 17 homes were sold in Plainfield; 6% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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