The housing in Westfield, ME is quite varied and has seen a steady increase over the last year. The median value of homes there is currently $117,700, which is significantly less than the US median of $338,100. Despite this disparity, the 1 year appreciation rate for Westfield was 16.46%, much higher than the US rate of 8.27%. This suggests that Westfield is a great place to invest in residential real estate, as it is likely to continue to appreciate in value in the coming year.
The median home cost in Westfield is $117,700. Home appreciation the last 10 years has been 82.1%. Home Appreciation in Westfield is up 20.6%.
Average Age of Homes
- The median age of Westfield real estate is 50 years old
The Rental Market in Westfield
- Renters make up 9.2% of the Westfield population
- 0.0% of houses and apartments in Westfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.