Plainfield, WI—54966
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Plainfield, WI
Plainfield, WI lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $224,000 | 7.2% |
| Single Family | $224,000 | 7.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Plainfield, WI
As of July '25, Rentcast reports the average rent in Plainfield, WI is $720, with a year-over-year rent change of 12.9%. Per bedroom, the median rent as of July '25 in Plainfield, WI is 1-bedrooms: $720. The most common rental property sizes in Plainfield, WI are 2-bedroom and 3-bedroom, accounting for 29.9% and 26.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $714 | $720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $714 | $720 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Plainfield, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Plainfield, WI is 82. This is a increase of 44.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $484,000 | 153.0% |
Listing Count | 15 | 22.0% |
| Listings as % of Homes | 0.3% | 22.0% |
Days on Market | 82 | 44.0% |
Demographics — Plainfield, WI
As of the latest ACS Survey released in 2023, Plainfield, WI has a population of 2,160, which has increased by 8.8% over the past 5 years. Plainfield, WI is a moderately popular place for families, as children make up 23.7% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,160 | 8.8% |
% Under 18 | 23.7% | 3.9% |
% Seniors | 21.3% | 3.9% |
% WFH | 7.8% | 50.0% |
% w/ College Degree | 13.7% | 16.1% |
As of the latest ACS Survey released in 2023, Plainfield, WI is a predominantly white area, with 81.0% of the population identifying as white. The white population has grown by 0.1% in the last 5 years. The second most common race or ethnicity in Plainfield, WI is hispanic, making up 14.4% of the population. Foreign-born residents account for 5.4% of the population in Plainfield, WI, and this percentage has decreased by 1.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 81.0% | 0.1% |
% Black | 0.3% | -76.9% |
% Hispanic | 14.4% | -4.6% |
% Asian | 1.4% | 40.0% |
% Foreign Born | 5.4% | -1.8% |
Mortgage and Risk — Plainfield, WI
According to HUD data as of 2023, there were 70 mortgage originations in Plainfield, WI, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Plainfield, WI. Investor activity is low, as 0.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 70 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 0.0% |
% Second Loans | 10.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Plainfield, WI
Plainfield, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$4 | $714 | $710 |
| 2 Bedroom | N/A | N/A | $930 |
| 3 Bedroom | N/A | N/A | $1,240 |
| 4 Bedroom | N/A | N/A | $1,410 |
Affordability — Plainfield, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $224,000 |
| Median Household Income | $64,200 |