Commercial Real Estate Market in Plainfield, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
64 active listings and 887 off-market properties in Plainfield, IN.
Market Trends
Plainfield, IN spans 32.8 square miles in Hendricks County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Plainfield, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Plainfield, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Plainfield, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Plainfield, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 25%
- Civic 24.3%
- Industrial 22.1%
- Planned_development 13.8%
- Commercial 8.9%
- Residential 2.9%
- Mixed use 0.1%
Largest Zones share of zoned land by district
Agriculture
Office Or Warehouse Or Distribution Industrial
Planned Unit Development
General Commercial
Low Density Residential
Agriculture (AG)
The AG Agriculture Districts are established to include land being used for agricultural activities, floodplain and other rural uses, located near the periphery of the jurisdictional boundary, which is not expected to develop for intensive urban or suburban uses within the near future. It is the intent of this District to allow agricultural uses, to conserve…
Market overview
Demographics & Economy
Plainfield, IN has 37,681 residents in 14,426 households. Density runs 1,148 people per square mile. Median household income here is $87,315 and median gross rent $1,307 a month.
37,681
Population
14,426
Households
2.6
Avg Household Size
38
Median Age
37%
College-Educated
92%
High-School Grad
32.8 sq mi
ZIP Area
1,148
Density / Sq Mi
$87,315
Median Household Income
$45,252
Median Earnings
$1,307
Median Rent
$271,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Cartersburg | — | — |
| Avon | — | — |
| Bridgeport | — | — |
| Belleville | — | — |
Frequently Asked Questions
Where does Realmo's Plainfield market data come from?
Realmo compiles Plainfield, IN figures from 27 active sale listings, 37 active lease listings, 887 tracked off-market properties, the current Plainfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 27 active for-sale and 37 active for-lease listings in Plainfield, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 17,816 zoned acres across 26 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
