The housing market in 14787 Westfield, NY is quite favorable for potential buyers. The median value of homes in the area is $154,600, which is significantly less than the US median home value of $338,100. Additionally, homes in the area appreciate at a higher rate than the national average – with an appreciation rate over 12% over the last year. This is a significant hike compared to the 8.27% appreciation rate that has been seen nationally over that same period. Clearly, Westfield is an attractive option for those looking to invest in property, as this trend indicates a strong and steady growth in housing values.
The median home cost in Westfield (zip 14787) is $154,600. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Westfield (zip 14787) is up 14.6%.
Average Age of Homes
- The median age of Westfield (zip 14787) real estate is 64 years old
The Rental Market in Westfield (zip 14787)
- Renters make up 19.6% of the Westfield (zip 14787) population
- 0.4% of houses and apartments in Westfield (zip 14787), 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.