Is Plainfield, NJ 07060 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Plainfield is a balanced market. With about 4.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Heat score45/ 100

#90 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #310 of 531 across all the markets we track.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. How the heat score works

Months of supply4.6Under 4 months = seller’s market
Sold above original list64.2%Share of sales, last 3 months
Median sale-to-list103.8%Sold price ÷ list price
Median days on market52Listing to accepted offer
Median price per sq ft$348▲ +7.4% vs. last year

The Plainfield housing market right now

In the three months ending August 31, 2026, 64% of homes in Plainfield, NJ 07060 sold above their list price, the typical home went under contract in 52 days and there were 4.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 58 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 54%, homes sold more slowly (32 days then) and the median sale price fell 9% to $499,784. Overall, Plainfield is more competitive than a year ago, so tougher for buyers.

Within Union County, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 68%. On our competition score, Plainfield ranks #299 of 444 NJ ZIP codes with enough sales (score 69 out of 100).

Nearby, buyers who want less competition could look at Elizabethport 07206 (58% sold over asking) or Linden 07036 (59% sold over asking), while New Providence 07974 (91% sold over asking) and Berkeley Heights 07922 (85% sold over asking) are even more competitive.

Nearby markets

Berkeley Heights 07922Seller’s market $504 /sq ftClark 07066Seller’s market $413 /sq ftCranford 07016Seller’s market $469 /sq ftElizabeth 07201Balanced $296 /sq ft Browse all markets →

Where Plainfield is

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Questions about Plainfield real estate

Is Plainfield a buyer’s or seller’s market?

A balanced market: there were 4.6 months of supply in Plainfield, NJ 07060 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Plainfield?

The typical home went under contract in 52 days in the latest three months.

Do homes in Plainfield sell over asking?

64% of homes sold above their original list price, and the typical sale closed at 103.8% of the list price.

What are property taxes in Plainfield?

About 2.46% of a home’s value a year in Plainfield City, Union County, or roughly $9,840 on a $400,000 home.

What is the median home price in Plainfield?

The median sale price was $499,784 in the three months ending August 31, 2026, about $348 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology