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Plainfield, CT—06374

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$346,000
3.1% YoY Growth
Household Income
$69,300
3.9% YoY Growth
Days on Market
36
38.0% Longer YoY
Home Price Forecast
2.0%
Median Rent
$1,300
5.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,300
23.5% YoY Growth
3-Bed Rent
$1,880
N/A

Other Zip Codes in Plainfield, CT

06354
  • 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 $346,000, with a year-over-year change of 3.1%. This indicates that home prices in Plainfield, CT are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$346,0003.1%
Single Family $352,0003.2%
Condos $256,0001.2%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$289,0002.5%
    3 Bed
    		$353,0003.2%
    4 Bed
    		$386,0003.5%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.2%
    1 Bedroom
    6.4%
    2 Bedrooms
    30.3%
    3 Bedrooms
    46.1%
    4 Bedrooms
    14.7%
    5+ Bedrooms
    2.2%

    Rental Trends — Plainfield, CT

    As of July '25, Rentcast reports the average rent in Plainfield, CT is $1,580, with a year-over-year rent change of 5.3%. Per bedroom, the median rent as of July '25 in Plainfield, CT is 2-bedrooms: $1,300, 3-bedrooms: $1,880. The most common rental property sizes in Plainfield, CT are 3-bedroom and 1-bedroom, accounting for 37.5% and 27.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,580
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,300$1,300
    3 Bed Rent $1,880$1,880
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    0.9%
    1 Bedroom
    27.9%
    2 Bedrooms
    25.2%
    3 Bedrooms
    37.5%
    4 Bedrooms
    8.5%

    Property Listings — Plainfield, CT

    As of May '26, Realtor.com reports that the median days on market for a home in Plainfield, CT is 36. This is a increase of 38.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$329,000-18.0%
    Listing Count
    		207.0%
    Listings as % of Homes0.5%7.0%
    Days on Market
    		3638.0%
    Loading chart...

    Demographics — Plainfield, CT

    As of the latest ACS Survey released in 2023, Plainfield, CT has a population of 7,880, which has increased by 10.0% over the past 5 years. Plainfield, CT is a moderately popular place for families, as children make up 19.7% 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 some residents working remotely, with 11.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,88010.0%
    % Under 18
    		19.7%13.9%
    % Seniors
    		19.2%-4.5%
    % WFH
    		11.0%205.6%
    % w/ College Degree
    		13.7%9.6%
    Loading chart...

    As of the latest ACS Survey released in 2023, Plainfield, CT is a predominantly white area, with 87.8% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in Plainfield, CT is hispanic, making up 6.0% of the population. Foreign-born residents account for 3.6% of the population in Plainfield, CT, and this percentage has decreased by 12.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		87.8%-2.3%
    % Black
    		2.8%-9.7%
    % Hispanic
    		6.0%100.0%
    % Asian
    		0.8%-33.3%
    % Foreign Born
    		3.6%-12.2%
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    Mortgage and Risk — Plainfield, CT

    According to HUD data as of 2023, there were 198 mortgage originations in Plainfield, CT, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Plainfield, CT. Investor activity is low, as 1.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		198
    % Conventional Loans
    		66.0%
    % Government Loans
    		34.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		12.0%
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    Rentals and Section 8 — Plainfield, CT

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

    Section 8 Market Size

    Total Units under HUD
    		88
    Total Units Section 8
    		64
    % Rentals under Section 8
    		9.2%
    % Occupied Section 8
    		89.3%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,170
    2 Bedroom$230$1,300$1,530
    3 Bedroom-$10$1,880$1,870
    4 BedroomN/AN/A$2,370

    Affordability — Plainfield, CT

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4
    Median Home Price$346,000
    Median Household Income$69,300

    Plainfield, CT — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Central Village

    06332

    Wauregan

    06387

    Plainfield, CT

    06354

    Canterbury, CT

    06331

    Griswold, CT

    06351

    Frequently Asked Questions