Is Plainfield, NJ 07063 a buyer’s or seller’s market?
Plainfield is a seller’s market. With about 2.2 months of supply and 84% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
#37 of 112 ZIP codes in Essex, Morris, Union, Sussex & Hunterdon, NJ, and #86 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
The Plainfield housing market right now
In the three months ending August 31, 2026, 84% of homes in Plainfield, NJ 07063 sold above their list price, the typical home went under contract in 36 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 26 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 69%, homes sold more slowly (32 days then) and the median sale price fell 7% to $484,790. Overall, Plainfield is more competitive than a year ago, so tougher for buyers.
Within Union County, homes here sell more slowly than in 72% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Plainfield ranks #124 of 444 NJ ZIP codes with enough sales (score 87 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) is even more competitive.
Run the numbers for 07063
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 →Towns like Plainfield nearby
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Questions about Plainfield real estate
Is Plainfield a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Plainfield, NJ 07063 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 36 days in the latest three months.
Do homes in Plainfield sell over asking?
84% of homes sold above their original list price, and the typical sale closed at 109.2% 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 $484,790 in the three months ending August 31, 2026, about $383 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