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Will County Gazette

Friday, April 19, 2024

Q4 real estate sales report: Plainfield

Realestate2

Median prices rose in Plainfield over last year, and are up 5.2 percent over 10 years, adjusted for inflation, according to fourth quarter sales data collected by BlockShopper.com.

From October to December, 186 homes sold in Plainfield for a median price of $280,000. That's 1.7 percent higher than median home sale prices for the fourth quarter of 2017.

In the fourth quarter, 1 home in Plainfield was in foreclosure.

Median property tax for homeowners in Plainfield was $6,938.94 in 2017 according to tax data from that year. That means homeowners pay 2.5 percent of their home's value in taxes.

Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.

Plainfield real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
224
$266,175
-
2010
166
$250,091
-6%
2011
198
$254,266
1.7%
2012
291
$236,530
-7%
2013
305
$248,292
5%
2014
232
$256,826
3.4%
2015
212
$255,990
-0.3%
2016
209
$257,250
0.5%
2017
194
$275,400
7.1%
2018
186
$280,000
1.7%

Median property tax
Median sale price
Effective property tax rate
2009
$89.17
$266,175
0%
2010
$6,706.27
$250,091
2.7%
2011
$7,165.48
$254,266
2.8%
2012
$6,629.83
$236,530
2.8%
2013
$6,147.14
$248,292
2.5%
2014
$6,022.87
$256,826
2.3%
2015
$6,753.80
$255,990
2.6%
2016
$6,274.67
$257,250
2.4%
2017
$6,938.93
$275,400
2.5%

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