Plainfield Village, Connecticut Real Estate & Housing Market

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Plainfield Village Housing Information

Index	Plainfield Village	Connecticut	National
Median home price	$152,100	$269,300	$184,700
Median rent asked	$776	$1,094	$949
Avg. people per household	2.1	2.5	2.6
Owner occupied households	60.7%	66.5%	63.6%
Renter occupied households	39.3%	33.5%	36.4%

The above shows an overview of the real estate market in Plainfield Village, CT. Note how the median home price for Plainfield Village, CT runs $152,100, which is 44% lower than the average property price for Connecticut. So you’re going to get real estate in Plainfield Village, CT that is on-average more affordable than what you’ll find in the rest of Connecticut. As for rent, the median for Plainfield Village, CT runs $776, which is comparatively 29% lower than the average rent for Connecticut. For Plainfield Village, CT, about 60.7% of the population consist of home owners with about 2.1 people living in each property on average. Whether you’re looking for condos or townhomes that are low-maintenance and affordable or sprawling mansions, Plainfield Village, CT offers a wide variety of real estate. To find your perfect home in Plainfield Village, CT, filter your choice by price, location, and number of beds and baths using the search area above.

Plainfield Village Home Affordability

When deciding where to purchase Plainfield Village, CT real estate, home affordability is one of the top deciding factors. One way that you can calculate the affordability of your next home is to use this formula: median home price to median household income ratio. In Plainfield Village, CT the median home price is $152,100 and $53,173 is the median household income. As a result, the home price to income ratio in Plainfield Village, CT is 2.9x, which is 24% lower than the Connecticut average. In order to determine the home affordability ratio, you would divide the median home price by the median home income. If you find that in Plainfield Village, CT the home price to income ratio is lower than average, that means that in general, housing is more affordable. While there more than just one factor in deciding home affordability, you can use the home affordability calculator below as an additional tool when deciding how much you can and should pay for real estate in Plainfield Village, CT.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Wyoming, RI	196	$0	100%
South Windham, CT	1,330	$143,400	22%
Danielson, CT	3,999	$151,200	18%
Jewett City, CT	3,451	$153,000	17%
Wauregan, CT	1,346	$165,100	11%
Plainfield Village, CT	2,085	$152,100	18%

Cities with similar population

City, State	Population	Home Price	National Avg.
Rosemount, OH	2,085	$87,100	53%
Syracuse, NE	2,084	$111,000	40%
London, CA	2,084	$88,100	52%
Vale, OR	2,087	$92,500	50%
Labadieville, LA	2,083	$142,000	23%
Plainfield Village, CT	2,085	$152,100	18%

Source: The Plainfield Village, CT housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).