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Market Intelligence · NJ / Plainfield

Plainfield, NJ 07062 Housing Market

In Plainfield, NJ 07062, the typical home value is $496,751, down 0.1% over the past year as of September 2026. The median list price is $503,675, and homes are spending a median of 39 days on market.

Updated September 2026Median value$497K

The median home value in Plainfield, NJ 07062 is $497K as of September 2026, down 0.1% 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 07062 range

$457K to $536K

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

-0.1% over 12 months

Typical home value in 07062 over the last 12 months: $497K in Sep 2025 to $497K in Sep 2026 (-0.1%).

Sep 2025$497K

Sep 2026$497K

The numbers

What is the 07062 housing market like?

Typical home value

$497K

Down0.1%YoY

Median list price

$504K

Up12.1%MoM

Days on market

39

Down11.4%MoM

Homes for sale

32

Flat0.0%MoM

Price cuts

6.4%

Down20.1%MoM

New listings

16

Flat0.0%MoM

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

The outlook

07062 housing market forecast 2027

+2.3%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 07062 to rise 2.3% by September 2027.

Over the 12 months through September 2026, typical home values in 07062 fell 0.1%, per the Zillow Home Value Index.

Will home prices drop in 07062?

Zillow's forecast does not call for a drop: it expects typical home values in 07062 to rise 2.3% by September 2027, after a 0.1% decline 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 07062 home prices compare?

  • 07062$496,751
  • Plainfield$496,751
  • New Jersey$575,161
  • 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; New Jersey: 547 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Plainfield, NJ 07062 has 32 homes for sale, with 16 new listings entering the market. The median list price is $503,675, while the typical home value is $496,751, down 0.1% over the past year. A median of 39 days on market suggests buyers are not rushing, and only 6.4% of listings have taken a price cut. For a seller, the read is steady rather than heated, with pricing close to local value and little evidence of broad discounting. The practical move is to price carefully from the start and expect a measured, not instant, sale.

Monthly payment

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20% · $99,350

Common questions

What people ask us.

How much is a home in 07062 worth?

The typical home value in Plainfield, NJ 07062 is $496,751, down 0.1% over the past year as of September 2026.

Are homes selling quickly in 07062?

Homes are spending a median of 39 days on market as of September 2026. With 32 homes for sale and 16 new listings, buyers have some choice.

Are sellers cutting prices in 07062?

As of September 2026, 6.4% of listings have a price cut. That points to limited discounting rather than widespread reductions.

Discover

Nearby ZIP markets.

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