The housing market in 07090 Westfield, NJ is particularly strong compared to the national average. The median value of homes in Westfield is $915,900, which is significantly higher than the US median of $338,100. Furthermore, the 1 year house appreciation rate in Westfield is 10.07% as opposed to 8.27% for the US overall. This indicates that homeowners in this area are likely to see a greater increase in their home's value over time when compared to other places nationwide.
The median home cost in Westfield (zip 07090) is $915,900. Home appreciation the last 10 years has been 66.2%. Home Appreciation in Westfield (zip 07090) is up 13.9%.
Average Age of Homes
- The median age of Westfield (zip 07090) real estate is 67 years old
The Rental Market in Westfield (zip 07090)
- Renters make up 19.2% of the Westfield (zip 07090) population
- 0.4% of houses and apartments in Westfield (zip 07090), 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.