Market Intelligence · IL / Plainfield

Plainfield, IL 60586 Housing Market

The typical home value in Plainfield, IL 60586 is $392,406, up 1.7% over the past year. Homes are selling with a median list price of $412,248 and spending a median of 32 days on market.

Updated September 2026Median value$392K

The median home value in Plainfield, IL 60586 is $392K as of September 2026, up 1.7% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 60586 range

$361K to $424K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.7% over 12 months

Typical home value in 60586 over the last 12 months: $386K in Sep 2025 to $392K in Sep 2026 (+1.7%).

Sep 2025$386K

Sep 2026$392K

The numbers

What is the 60586 housing market like?

Typical home value

$392K

Up1.7%YoY

Median list price

$412K

Down0.7%MoM

Days on market

32

Up6.7%MoM

Homes for sale

91

Down1.1%MoM

Price cuts

27.8%

Up33.7%MoM

New listings

40

Down33.3%MoM

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026) / FRED (October 2026)

The outlook

60586 housing market forecast 2027

+2.5%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 60586 to rise 2.5% by September 2027.

Over the 12 months through September 2026, typical home values in 60586 rose 1.7%, per the Zillow Home Value Index.

Will home prices drop in 60586?

Zillow's forecast does not call for a drop: it expects typical home values in 60586 to rise 2.5% by September 2027, after a 1.7% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 60586 home prices compare?

  • 60586$392,406
  • Plainfield$392,406
  • Illinois$194,737
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Plainfield: 3 ZIPs; Illinois: 1,084 ZIPs; United States: 26,262 ZIPs).

Context

Plainfield has 91 homes for sale as of September 2026, with 40 new listings added recently. The median list price of $412,248 sits modestly above the typical home value of $392,406. Homes are moving at a steady pace with a median of 32 days on market. However, 27.8% of listings have received price cuts, suggesting sellers are adjusting to realistic conditions. If you're considering selling, this data points to a market where pricing strategy matters more than it did when values were rising faster.

Monthly payment

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20% · $78,481

Common questions

What people ask us.

What is the typical home value in 60586?

The typical home value in Plainfield is $392,406, up 1.7% over the past year as of September 2026.

How many homes are currently for sale in Plainfield?

There are 91 homes for sale in 60586, with 40 new listings as of September 2026.

What share of homes have had price cuts?

27.8% of listings in 60586 have had a price cut as of September 2026.

Discover

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