Housing Market Report for Plainfield, IL

This housing market report uses absorption rates to track supply and demand for Plainfield, IL. With 2.3 months of inventory across all segments, conditions currently favor sellers — demand is outpacing supply, homes tend to sell quickly, and prices are likely holding firm or rising. Use the tables below to explore specific price ranges and property types in detail. [Last updated: October 26, 2026]

Seller's Market
Under 3 months

High demand, low inventory. Homes sell fast, often above asking price. Sellers hold leverage.

Balanced Market
3 – 6 months

Supply and demand are roughly equal. Prices are stable and negotiations are more equitable.

Buyer's Market
Over 6 months

More supply than demand. Buyers can negotiate, request concessions, and take their time.

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Houses

Hottest Segment 🔥
$375k – $400k

Absorption rate of 1.4, with 0.7 months of inventory.

Coolest Segment ❄️
$1.1m – $1.2m

With 24 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$550k – $600k

22 active listings with 58 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 2.4 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 0.2 0 Seller's
225k-250k 4 1 0.7 0 Seller's
250k-275k 4 1 0.7 0 Seller's
275k-300k 4 5 1 0.2 4.8 Balanced
300k-325k 3 10 1 0.6 1.8 Seller's
325k-350k 4 21 1 0.9 1.1 Seller's
350k-375k 9 37 3 0.7 1.5 Seller's
375k-400k 7 57 3 1.4 0.7 Seller's
400k-425k 9 36 4 0.7 1.5 Seller's
425k-450k 15 37 2 0.4 2.4 Seller's
450k-475k 16 28 1 0.3 3.4 Balanced
475k-500k 9 39 6 0.7 1.4 Seller's
500k-550k 24 53 5 0.4 2.7 Seller's
550k-600k 22 58 6 0.4 2.3 Seller's
600k-650k 18 40 6 0.4 2.7 Seller's
650k-700k 11 29 1 0.4 2.3 Seller's
700k-750k 8 10 2 0.2 4.8 Balanced
750k-800k 12 10 4 0.1 7.2 Buyer's
800k-850k 5 9 2 0.3 3.3 Balanced
850k-900k 6 3 0.1 12 Buyer's
900k-950k 3 1 0.1 18 Buyer's
950k-1m 2 2 0.2 6 Balanced
1.1m-1.2m 4 1 0 24
1.3m-1.4m 1 0
1.4m-1.5m 3 0
1.6m-1.7m 1 0
1.7m-1.8m 1 0
1.9m-2m 1 0.2 0 Seller's

Townhouses

Hottest Segment 🔥
$350k – $375k

Absorption rate of 2, with 0.5 months of inventory.

Coolest Segment ❄️
$450k – $475k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$350k – $375k

3 active listings with 36 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 1.9 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
200k-225k 1 0.2 0 Seller's
250k-275k 1 11 2 1.8 0.5 Seller's
275k-300k 5 21 3 0.7 1.4 Seller's
300k-325k 8 17 2 0.4 2.8 Seller's
325k-350k 4 33 2 1.4 0.7 Seller's
350k-375k 3 36 5 2 0.5 Seller's
375k-400k 16 23 2 0.2 4.2 Balanced
400k-425k 10 16 0.3 3.8 Balanced
425k-450k 3 8 0.4 2.3 Seller's
450k-475k 2 2 2 0.2 6 Balanced
475k-500k 2 2 0.2 6 Balanced
500k-550k 1 0
550k-600k 1 0
750k-800k 3 1 0.5 0 Seller's
800k-850k 1 0.2 0 Seller's

Condos

Hottest Segment 🔥
$250k – $275k

Absorption rate of 1.5, with 0.7 months of inventory.

Coolest Segment ❄️
$375k – $400k

With 12 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$300k – $325k

0 active listings with 12 sold in the last 6 months.

Market Overview
All Segments

The overall market favors sellers with just 1.1 months of inventory.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
175k-200k 1 0
200k-225k 1 0.2 0 Seller's
225k-250k 1 0.2 0 Seller's
250k-275k 1 9 1.5 0.7 Seller's
275k-300k 2 5 0.4 2.4 Seller's
300k-325k 12 1 2 0 Seller's
325k-350k 2 9 1 0.8 1.3 Seller's
350k-375k 4 0.7 0 Seller's
375k-400k 2 1 0.1 12 Buyer's
400k-425k 1 1 0.2 6 Balanced
425k-450k 2 0.3 0 Seller's
500k-550k 1 0.2 0 Seller's
550k-600k 1 0.2 0 Seller's
600k-650k 2 0.3 0 Seller's

Land

Hottest Segment 🔥
$75k – $100k

Absorption rate of 0.3, with 3 months of inventory.

Coolest Segment ❄️
$100k – $125k

With 6 months of inventory, buyers have more time and negotiating power in this range.

Most Active
$75k – $100k

1 active listings with 2 sold in the last 6 months.

Market Overview
All Segments

With 16.5 months of inventory overall, buyers currently hold the advantage.

List Price Available # of Homes Available Sold Last
6 Months
Sold in Last 6 Months
Under
Contract
Sold in Last 6 Months
Absorption
Rate
Absorption Rate
Months of
Inventory
Months of Inventory
Market
75k-100k 1 2 1 0.3 3 Balanced
100k-125k 1 1 0.2 6 Balanced
200k-225k 1 0
225k-250k 1 1 0.2 6 Balanced
350k-375k 1 0.2 0 Seller's
400k-425k 1 0.2 0 Seller's
450k-475k 1 0.2 0 Seller's
550k-600k 2 0
600k-650k 2 0
650k-700k 1 1 0.2 6 Balanced
750k-800k 1 0
900k-950k 1 0
1m-1.1m 1 0
1.1m-1.2m 1 0
1.4m-1.5m 1 0
1.8m-1.9m 1 0
2.25m-2.5m 1 0
2.75m-3m 2 0
3.5m-4m 1 0
4.5m-5m 1 0
5m-6m 2 0

Neighboring Cities

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