Real Estate Market Update for Plainfield, IL

Video: Real Estate Community Tour for Plainfield, IL

See Real estate community tour for Plainfield, IL
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was up 1% compared to one year earlier, and up 2% from the previous month. This continued upward trend reflected a healthy inventory for buyers to choose from. As you can see, the median listing price for the month was just over 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 15%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 210-thousand dollars. The number of units sold increased 5% year-over-year, and increased 47% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Plainfield, IL
Area Information for Plainfield, IL
  • Population: 40,420
  • Median Age: 33.26 yr
  • Median Commute Time: 31.28 mins
  • Educational Climate*: 4
  • Sales Tax: 8.5%
  • Population Density: 1,740/sq mi
  • Population Change Since 2000: 170.24%
  • Closest Airport: Chicago Midway International
  • Closest College: Lewis University
  • Closest Jr. College: Waubonsee Cmnty College-copley Campus
  • Median Household Income: $107,234
  • Annual Residential Turnover: 20.15%
  • Median Years in Residence: 3.47 yr
  • Median Home Sales Price: $235,000
  • Closest Major Sports Team: Chicago Fire
  • Change Avg. Household Income Since 2000: 42%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Plainfield, IL
Median Age: 33.26 Married: 38% Number of Households: 12,375 Households with Children: 6,843
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Plainfield, IL

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Indian Trail Middle School 0.3 mi Public 6-8 4 4
      Plainfield Academy 0.4 mi Public 6-12 0 0
      Montessori Of Plainfield Inc 0.4 mi Private PRESCHOOL-K 0 0
      Plainfield High School- Central Camp 0.9 mi Public 9-12 2-5 3
      St Mary Immaculate School 1.0 mi Catholic PRESCHOOL-8 0 4
      Kindercare Learning Center 1.3 mi Private PRESCHOOL-K 0 0
      Richard Ira Jones Middle School 1.5 mi Public 6-8 4-5 4
      Lincoln Elementary 1.9 mi Public K-5 4-5 4
      Elite Childrens Academy 2.3 mi Private PRESCHOOL-1 0 0
      Walkers Grove Elementary School 2.3 mi Public K-5 4-5 4
      Eagle Pointe Elementary School 2.5 mi Public K-5 4 4
      Lakewood Falls Elem School 2.5 mi Public K-5 2-5 3
      Creekside Elementary School 2.6 mi Public K-5 3-5 5
      Lapetite Academy 3.2 mi Private PRESCHOOL-K 0 0
      Heritage Grove Middle School 3.3 mi Public 6-8 4-5 4
      River View Elementary School 3.4 mi Public K-5 3-5 4
      Timber Ridge Middle School 3.4 mi Public 6-8 3-5 4
      Elizabeth Eichelberger Elem School 3.5 mi Public K-5 4 5
      John F Kennedy Middle School 3.6 mi Public 6-8 3-5 4
      Wesmere Elementary School 3.8 mi Public K-5 3-5 4
      Plainfield North High School 3.9 mi Public 9-12 4-5 4
      Freedom Elem School 4.2 mi Public PRESCHOOL-5 4 4
      Drauden Point Middle School 4.3 mi Public 6-8 4 3
      Ridge Elementary School 4.3 mi Public PRESCHOOL-5 3 3
      Meadow View Elementary School 4.3 mi Public K-5 3 4
      Grande Park Elem School 4.6 mi Public K-5 4 5
      Murphy Junior High School 4.6 mi Public 6- 0 0
      Goal - Granting Opportunities For Alternative Livi 4.6 mi Public 6-12 0 0
      Plainfield South High School 5.2 mi Public 9-12 2 3
      Garden Gate Montessori School 6.1 mi Private PRESCHOOL-K 0 0
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for Plainfield, IL
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.