Plainfield Market Report

90-day market data from Chicago MLS — updated February 28, 2026

Balanced Market
$470K Median Sale Price
47 Days to Contract
98% Sale-to-List Ratio
200 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 28, 2026.

Example 2.5% commission on the Plainfield median of $470K = $11,742. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Plainfield

Price Range Sold Avg Days Sale-to-List Active
$300K-$350K Strongest Demand 22 32d 97% 4
$350K-$400K 38 42d 98% 21
$400K-$450K 28 53d 98% 16
$500K-$550K 25 68d 97% 20
$450K-$500K 25 77d 96% 29
$550K-$600K 22 73d 94% 22

The $300K-$350K range shows the strongest buyer demand with 22 sales averaging 32 days to contract . Currently 4 active listings competing.

Market Velocity

How fast the Plainfield market is moving

21%
Price Reduction Rate
Avg 95 days before cut
47d
Median Days to Contract
Fastest 25%: 13 days
2.3
Months of Supply
154 active listings

21% of active listings have taken price cuts, suggesting some sellers initially overpriced.

Homes are taking 47 days to contract on average, though competitively priced properties move faster at 13 days.

2.3 months of supply indicates a balanced market where pricing strategy matters more than ever.

What This Means for Your Listing

Commission savings at the Plainfield median

Example 2.5% Commission
$11,742
Based on $470K median
vs
Up to $10K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes sell in 47 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.

At $470K, that's $9,747 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

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Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

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