Jose and Alejandra Ibarra purchase 12350 S. Bobwhite Lane, Plainfield, appraised at $520,000

The home at 12350 S. Bobwhite Lane, Plainfield was sold on June 5 by Pawel MacUdzinski for $520,000.

The buyers were Jose and Alejandra Ibarra.

The property tax paid for this property in 2022 was $7,561. This is 1.5% of the sale price of the home.

This property is one of 50 sales in Plainfield (Will County) from May 5 to June 5.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.