North Plainfield, New Jersey Housing Market Prices
North Plainfield Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 1% below the New Jersey median$350,000
-
Median rent 2% above the New Jersey median$1,751
Housing Market Overview
| Metric | North Plainfield | New Jersey Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,000 | $352,792 | $248,835 |
| Price Trend (Annual %) | 6.2% | 4.4% | 7.5% |
| Median Gross Rent | $1,751 | $1,719 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 4.5% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in North Plainfield is about 1% lower than in New Jersey. Rent is about 2% higher than the New Jersey average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2024
Both home prices and rent are rising in North Plainfield, up about 6.2% and 4.4% a year respectively. Home prices are changing faster.
Median rent in North Plainfield rose about 46.5% between 2015 and 2024, from $1,196 to $1,751. Over the same span, rent in New Jersey rose about 44.3%.
Affordability
On average, housing unit costs 4.1 yearly household incomes in North Plainfield.
Buying the median-priced home in North Plainfield costs roughly 16.7 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in North Plainfield. The price-to-rent ratio in New Jersey is about 17.1.
| Metric | North Plainfield | New Jersey Avg | US Average |
|---|---|---|---|
| Median Home Price | $350,000 | $352,792 | $248,835 |
| Median Household Income | $86,051 | $103,817 | $80,455 |
| Price-to-Income Ratio | 4.1 | 3.4 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in North Plainfield rose about 34.1%, while median household income rose about 25.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | North Plainfield | New Jersey Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.8% | 59.1% | 58.5% |
| Rental Rate | 46.3% | 33.5% | 31.2% |
| Vacancy Rate | 0.8% | 7.5% | 10.2% |
| Median Tenure (years) | 14.0 | 16.0 | 15.0 |
| Median Year Moved In | 2012 | 2010 | 2011 |
North Plainfield has a homeownership rate of 52.8%, lower than the New Jersey average of 59.1%. Its housing vacancy rate is 0.8%, compared with 7.5% in New Jersey.
Housing Stock
| Metric | North Plainfield | New Jersey Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.91 people | 2.61 people | 2.53 people |
| Median Structure Built Year | 1956 | 1968 | 1978 |
| Median Number of Rooms | 5.0 | 5.7 | 5.5 |
The typical housing unit in North Plainfield was built around 1956. On average, 2.9 people live in a home with about 5.0 rooms, staying for about 14.0 years on average.
North Plainfield, NJ Housing Compared With Nearby Cities
How North Plainfield, NJ compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| North Plainfield, NJ | 22,787 | $350,000 #2/2 | $1,751 #2/2 | 53.3% #1/2 |
| Plainfield, NJ | 55,158 | $436,930 | $1,767 | 44.8% |
Frequently Asked Questions
Common questions about the housing market in North Plainfield, New Jersey.
What is the median home price in North Plainfield, New Jersey?
The median home price in North Plainfield, New Jersey is $350,000, lower than the New Jersey average of $352,792.
What is the average home price in North Plainfield, New Jersey?
The typical home price in North Plainfield, New Jersey, reported as the median sale price, is $350,000. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in North Plainfield, New Jersey?
The median gross rent in North Plainfield, New Jersey is $1,751 per month, higher than the New Jersey average of $1,719.
What was the median gross rent in North Plainfield in 2020?
In 2020, the median gross rent in North Plainfield, New Jersey was $1,390 per month.
What is the price-to-rent ratio in North Plainfield, New Jersey?
The price-to-rent ratio in North Plainfield, New Jersey is about 16.7, meaning it would take roughly 16.7 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in North Plainfield.
Are home prices or rent rising faster in North Plainfield, New Jersey?
Both home prices and rent are rising in North Plainfield, up about 6.2% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in North Plainfield, New Jersey?
52.8% of households in North Plainfield, New Jersey own their home, lower than the New Jersey average of 59.1%.
What is the vacancy rate in North Plainfield, New Jersey?
The housing vacancy rate in North Plainfield, New Jersey is 0.8%, lower than the New Jersey average of 7.5%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →