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  1. Home
  2. /Browse ZIP Codes
  3. /Connecticut
  4. /Plainfield, CT - 06354

Plainfield, CT—06354

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$378,000
3.9% YoY Growth
Household Income
$89,900
39.9% YoY Growth
Days on Market
45
3.0% Shorter YoY
Home Price Forecast
2.1%
Median Rent
$1,900
27.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$2,000
N/A
3-Bed Rent
$1,900
N/A

Other Zip Codes in Plainfield, CT

06374
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Plainfield, CT

As of May '26, the median home price in Plainfield, CT is $378,000, with a year-over-year change of 3.9%. This indicates that home prices in Plainfield, CT are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$378,0003.9%
Single Family $375,0003.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
  • N/A
    N/A
    2 Bed
    $345,0003.3%
    3 Bed
    $378,0003.6%
    4 Bed
    $399,0004.2%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    8.3%
    2 Bedrooms
    22.1%
    3 Bedrooms
    55.3%
    4 Bedrooms
    11.3%
    5+ Bedrooms
    3.0%

    Rental Trends — Plainfield, CT

    As of July '25, Rentcast reports the average rent in Plainfield, CT is $1,910, with a year-over-year rent change of 27.3%. Per bedroom, the median rent as of July '25 in Plainfield, CT is 2-bedrooms: $2,000, 3-bedrooms: $1,900, 4-bedrooms: $1,860. The most common rental property sizes in Plainfield, CT are 2-bedroom and 1-bedroom, accounting for 35.3% and 28.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,900$1,910
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $2,000$2,000
    3 Bed Rent $1,900$1,900
    4 Bed Rent $1,600$1,860
    Loading chart...

    % of Rental Stock

    1 Bedroom
    28.1%
    2 Bedrooms
    35.3%
    3 Bedrooms
    27.4%
    4 Bedrooms
    9.2%

    Property Listings — Plainfield, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Plainfield, CT is 45. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 47.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $425,0008.0%
    Listing Count
    17-31.0%
    Listings as % of Homes0.7%-31.0%
    Days on Market
    45-3.0%
    Loading chart...

    Demographics — Plainfield, CT

    As of the latest ACS Survey released in 2023, Plainfield, CT has a population of 5,840, which has decreased by -7.7% over the past 5 years. Plainfield, CT is a moderately popular place for families, as children make up 18.0% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    5,840-7.7%
    % Under 18
    18.0%-9.5%
    % Seniors
    12.8%-28.9%
    % WFH
    13.2%180.9%
    % w/ College Degree
    16.4%9.3%
    Loading chart...

    As of the latest ACS Survey released in 2023, Plainfield, CT is a predominantly white area, with 85.1% of the population identifying as white. The white population has grown by 0.2% in the last 5 years. The second most common race or ethnicity in Plainfield, CT is asian, making up 5.5% of the population. Foreign-born residents account for 7.0% of the population in Plainfield, CT, and this percentage has increased by 62.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    85.1%0.2%
    % Black
    1.4%75.0%
    % Hispanic
    4.9%-49.0%
    % Asian
    5.5%41.0%
    % Foreign Born
    7.0%62.8%
    Loading chart...

    Mortgage and Risk — Plainfield, CT

    According to HUD data as of 2023, there were 119 mortgage originations in Plainfield, CT, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Plainfield, CT. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    119
    % Conventional Loans
    75.0%
    % Government Loans
    25.0%
    % Investor Loans
    4.0%
    % Second Loans
    0.0%
    % Cash Out Refinance
    13.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Plainfield, CT

    Plainfield, CT lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    140
    Total Units Section 8
    140
    % Rentals under Section 8
    26.0%
    % Occupied Section 8
    90.2%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,170
    2 Bedroom-$460$2,000$1,540
    3 Bedroom-$20$1,900$1,880
    4 Bedroom$660$1,600$2,260

    Affordability — Plainfield, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.3
    Median Home Price$378,000
    Median Household Income$89,900

    Plainfield, CT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Sterling, CT

    06377

    Oneco

    06373

    Central Village

    06332

    Plainfield, CT

    06374

    Wauregan

    06387

    Frequently Asked Questions