Is Plainfield Township, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Plainfield Township is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Plainfield Township was a Seller's Market.

Key Takeaway

Plainfield Township is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Plainfield Township, PA

How much do homes in Plainfield Township, PA cost?

Median Sold Price

$340,000

$178/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$45,000(+15.3%)

Key Takeaway

Homes in Plainfield Township have sold for 15.3% more than they did a year ago.

Summary: The median home sold price in Plainfield Township was $340,000 in October 2024, up 15.3% from last year, and the median price per square foot was $178.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $82K$287K
+250.0%
2 $246.5K$212.5K
-13.8%
3 $292.5K$247.5K
-15.4%
4 $322.5K$513K
+59.1%
5+ $650K$485K
-25.4%

Summary: Plainfield Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 250%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes increased by 59.1%, and 5+ bedroom homes decreased by 25.4%.

Median Sold Price Compared To Nearby Cities

Plainfield Township
+15.3%
Pen Argyl
+7.8%
Washington Township
+6.6%
Wind Gap
+1.7%

Housing Supply in Plainfield Township, PA

How many homes are available in Plainfield Township, PA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1215+25.0%

Summary: The Plainfield Township real estate market had 15 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 56
+20.0%
4 36
+100.0%
5+ 11
0.0%

Summary: The Plainfield Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Plainfield Township, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Plainfield Township in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Plainfield Township, PA

How long does it take to sell a home in Plainfield Township, PA?

Average Sale Time

Oct 2023Oct 2024CHANGE
10 Days20 Days+97.1%

Summary: Homes in Plainfield Township had an average of 20 days on market in Oct 2024, up by 97.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Plainfield Township are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Plainfield Township; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Plainfield Township, PA

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