Is Plainfield, IN 46168 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Plainfield is a seller’s market. With about 2.5 months of supply and 13% 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.

Competition score52/ 100

More competitive than 53% of U.S. ZIP codes, and #153 of 306 in the state.

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. See the breakdown

Months of supply2.5Under 4 months = seller’s market
Sold above original list13.3%Share of sales, last 3 months
Median sale-to-list98.7%Sold price ÷ list price
Median days on market24Listing to accepted offer
Median price per sq ft$159▼ −3.9% vs. last year

The Plainfield housing market right now

In the three months ending August 31, 2026, 13% of homes in Plainfield, IN 46168 sold above their list price, the typical home went under contract in 24 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 163 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (20 days then) and the median sale price held steady to $358,845. Overall, Plainfield is less competitive than a year ago, which gives buyers more room.

Within Hendricks County, homes here sell more slowly than in 70% of the county’s ZIP codes, and sell less often over asking than in 80%. On our competition score, Plainfield ranks #153 of 306 IN ZIP codes with enough sales (score 52 out of 100).

Nearby, buyers who want less competition could look at Lizton 46149 (0% sold over asking) or Indianapolis 46231 (11% sold over asking), while North Salem 46165 (50% sold over asking) and Clayton 46118 (23% sold over asking) are even more competitive.

Nearby markets

Amo 46103 — /sq ftAvon 46123Seller’s market $158 /sq ftBrownsburg 46112Seller’s market $169 /sq ftClayton 46118Seller’s market $166 /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 seller’s market: there were 2.5 months of supply in Plainfield, IN 46168 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 24 days in the latest three months.

Do homes in Plainfield sell over asking?

13% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.

What are property taxes in Plainfield?

About 0.81% of a home’s value a year in Hendricks County, or roughly $3,240 on a $400,000 home.

What is the median home price in Plainfield?

The median sale price was $358,845 in the three months ending August 31, 2026, about $159 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