Plainfield Township Home Prices & Values

$172,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 6.0% 1-year change
  • 2.1% 1-year forecast

The median home value in Plainfield Township is $172,000. Plainfield Township home values have gone up 6.0% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Plainfield Township is $94, which is lower than the Grand Rapids Metro average of $95. The median price of homes currently listed in Plainfield Township is $199,000 while the median price of homes that sold is $150,100.

With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Plainfield Township homeowners underwater on their mortgage is 7.8%, which is lower than Grand Rapids Metro at 17.6%.

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Relative ZHVI
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Plainfield Township Market Overview

Data through Jun 30, 2014
  • $172,000 ZHVI
  • 2.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $199,000 Median listing price
  • No recent data Median sale price
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Plainfield Township Market Health

Data through Jun 30, 2014
  • 1.2/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 7.8% Homes with negative equity (18.8% US Avg) (Dec 31, 2013)
  • No data Delinquent on mortgage (7.2% US Avg)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
East Grand Rapids $276,200 Grand Rapids Township $208,900 Rockford $194,100
Alpine Township $154,000 Walker $145,400 Northview $136,900
Comstock Park $122,600 Grand Rapids $100,300 Sparta $96,700

Listings & Sales

Data through Jun 30, 2014
  • No recent data Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 36.8% Listings with price cut
14.1%
Sold below listing
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Plainfield Township Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,283 Plainfield Township
$1,103 Grand Rapids Metro
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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