Plainville, CT 06062 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Plainville, CT—06062

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$348,000

5.8% YoY Growth

Household Income

$81,900

24.9% YoY Growth

Days on Market

12.0% Longer YoY

Home Price Forecast

2.4%

Median Rent

$2,000

13.2% YoY Growth

1-Bed Rent

$1,600

N/A

2-Bed Rent

$2,000

N/A

3-Bed Rent

$2,100

4.0% YoY Growth

Home Price Trends — Plainville, CT

As of May '26, the median home price in Plainville, CT is $348,000, with a year-over-year change of 5.8%. This indicates that home prices in Plainville, CT are increasing. According to Zillow, the 1-year price projection is 2.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$348,000	5.8%
Single Family	$363,000	5.8%
Condos	$251,000	7.3%

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Plainville, CT

As of July '25, Rentcast reports the average rent in Plainville, CT is $2,170, with a year-over-year rent change of -13.2%. Per bedroom, the median rent as of July '25 in Plainville, CT is 1-bedrooms: $1,760, 2-bedrooms: $2,180, 3-bedrooms: $2,400, 4-bedrooms: $2,540. The most common rental property sizes in Plainville, CT are 2-bedroom and studio, accounting for 38.6% and 25.4% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$2,000	$2,170
Studio Rent	N/A	N/A
1 Bed Rent	$1,600	$1,760
2 Bed Rent	$2,000	$2,180
3 Bed Rent	$2,100	$2,400
4 Bed Rent	$2,400	$2,540

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% of Rental Stock

Studio

25.4%

1 Bedroom

22.3%

2 Bedrooms

38.6%

3 Bedrooms

12.4%

4 Bedrooms

1.3%

Property Listings — Plainville, CT

As of May '26, Realtor.com reports that the median days on market for a home in Plainville, CT is 30. This is a increase of 12.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$365,000	11.0%
Listing Count	33	-13.0%
Listings as % of Homes	0.4%	-13.0%
Days on Market	30	12.0%

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Demographics — Plainville, CT

As of the latest ACS Survey released in 2023, Plainville, CT has a population of 17,500, which has decreased by -1.2% over the past 5 years. Plainville, CT is a moderately popular place for families, as children make up 16.2% of the population. The area has a moderately educated workforce, with 28.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	17,500	-1.2%
% Under 18	16.2%	-4.1%
% Seniors	19.7%	10.7%
% WFH	9.0%	190.3%
% w/ College Degree	28.5%	1.1%

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As of the latest ACS Survey released in 2023, Plainville, CT is a predominantly white area, with 78.4% of the population identifying as white. The white population has shrunk by 6.1% in the last 5 years. The second most common race or ethnicity in Plainville, CT is hispanic, making up 11.3% of the population. Foreign-born residents account for 11.0% of the population in Plainville, CT, and this percentage has increased by 4.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	78.4%	-6.1%
% Black	2.6%	62.5%
% Hispanic	11.3%	9.7%
% Asian	2.8%	-15.2%
% Foreign Born	11.0%	4.8%

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Mortgage and Risk — Plainville, CT

According to HUD data as of 2023, there were 341 mortgage originations in Plainville, CT, of which 86.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Plainville, CT. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	341
% Conventional Loans	86.0%
% Government Loans	14.0%
% Investor Loans	1.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Plainville, CT

As of 2024, the percent of homes in Plainville, CT under the Section 8 program is 4.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Plainville, CT, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD	104
Total Units Section 8	104
% Rentals under Section 8	4.1%
% Occupied Section 8	94.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	-$490	$1,600	$1,110
2 Bedroom	-$600	$2,000	$1,400
3 Bedroom	-$410	$2,100	$1,690
4 Bedroom	-$400	$2,400	$2,000

Plainville, CT—06062

Key Metrics at a Glance

Home Price Trends — Plainville, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Plainville, CT

% of Rental Stock

Property Listings — Plainville, CT

Demographics — Plainville, CT

Race and Ethnicity

Mortgage and Risk — Plainville, CT

Mortgages

Rentals and Section 8 — Plainville, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Plainville, CT

Home Price to Income Ratio

Plainville, CT — ZIP Code Boundary Map

Nearby ZIP Codes

New Britain, CT

Farmington, CT

Southington, CT

New Britain, CT

Farmington, CT

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$348,000
Median Household Income	$81,900

Plainville, CT—06062

Key Metrics at a Glance

Home Price Trends — Plainville, CT

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Plainville, CT

% of Rental Stock

Property Listings — Plainville, CT

Demographics — Plainville, CT

Race and Ethnicity

Mortgage and Risk — Plainville, CT

Mortgages

Rentals and Section 8 — Plainville, CT

Section 8 Market Size

Section 8 Opportunity

Affordability — Plainville, CT

Home Price to Income Ratio

Plainville, CT — ZIP Code Boundary Map

Nearby ZIP Codes

New Britain, CT

Farmington, CT

Southington, CT

New Britain, CT

Farmington, CT

Frequently Asked Questions

What is the average home price in Plainville, CT 06062?

How have home prices in Plainville, CT 06062 changed over the past year?

What is the home price projection for Plainville, CT 06062?

What are the demographics of Plainville, CT 06062?

How long does it take homes to sell in Plainville, CT 06062?

What is the average rent price in Plainville, CT 06062?