Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 50% from one year earlier and down 10% from the previous month This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month... was just under 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 5% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just over 190-thousand dollars. Overall, The number of units sold Decreased 6% year-over-year and Increased 15% month-over-month Despite a slight annual decrease, this upward monthly sales-trend indicates positive momentum. 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.
Map Information for Plainfield, IL
Area Information for Plainfield, IL
Population:36,233
Median Age:32.15 yr
Median Commute Time:31.28 mins
Educational Climate*:4
Recycling Likelihood**:87
Sales Tax:8%
Population Density:1,307/sq mi
Population Change Since 2000:142%
Closest Airport:Chicago Midway International
Closest College:Lewis University
Closest Jr. College:Joliet Junior College
Median Household Income:$106,313
Annual Residential Turnover:20.15%
Median Years in Residence:3.49 yr
Median Home Sales Price:$235,000
Closest Major Sports Team:Kane County Cougars (a)
Change Avg. Household Income Since 2000:41%
* Scale from 1-5 ** Index where 100 is the national average
Demographic Data for Plainfield, IL
Median Age: 32.15Married: 54%Number of Households: 11,034Households with Children: 6,125
Community:
Occupancy Types
3599Vacant
8822Owned
12512Rented
Transportation to Work
43%Drive
47%Public Transportation
8%Walk / Bike / Other
8%Work at Home
National Index Comparisons:
(100 National Average)