Housing in Westfield, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$1,342,500

Median List Price

$1,049,000

Price Per Sq Ft

$504

Days on Market

23

Active Inventory

17

Months of Supply

1.2

Seller's market

Zillow Home Value

$1,226,968

ZHVI — January 2026

Zillow Rent Index

$3,012

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 27.8%List Price 5.0%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

64.3%

Off Market in 2 Weeks

60.0%

Sale-to-List Ratio

106.2%

Seller's market

Sold Above Asking
64.3%
Under Contract in 2 Wks
60.0%
Listings with Price Drops
11.8%

Market Activity

Source: Redfin

Homes Sold

14

New Listings

13

Pending Sales

5

Homes Sold 48.1%New Listings 59.4%Pending 88.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$504

Median List $/SF

$600

Sale $/SF 3.4%List $/SF 29.9%Mar 24Jan 26

Westfield vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Westfield is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$930,500

Median Rent

$2,211

Total Housing Units

11,093

Vacancy Rate

3.8%

Owner Occupied

80.3%

Renter Occupied

19.8%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,956

Housing Types

Single Family
80.2%
Multi-Family
19.7%
Mobile Home
0.2%

The current median sale price in Westfield, NJ is $1,342,500 according to Redfin data. Homes spend a median of 23 days on the market. 64.3% of homes sold above asking price. The market has 1.2 months of supply. The median price per square foot is $504. Zillow's observed rent index is $3,012/month. About 80.3% of housing units are owner-occupied. The median year homes were built is 1954. There are 11,093 total housing units.