The housing market in Westfield, NY is on the rise. According to my research, the median value of a house in Westfield is $140,600, which is significantly lower than the national median value of $338,100. With that being said, one year house appreciation in Westfield has seen a jump of 12.09%, much higher than the national average of 8.27%. This could be an indication that real estate in Westfield is becoming increasingly attractive and may be worth considering if you are looking for an investment opportunity.
The median home cost in Westfield is $140,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Westfield is up 14.6%.
Average Age of Homes
- The median age of Westfield real estate is 65 years old
The Rental Market in Westfield
- Renters make up 20.6% of the Westfield population
- 0.5% 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.