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Westfield, NJ Real Estate & Property Data

Westfield Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Westfield, NJ. ATTOM’s Westfield real estate data is updated daily, and current market trends show that in Westfield, NJ a total of 368 residential properties have sold over the past year. With a median home price of $1,146,325 in Westfield and a total of 2 foreclosures. Get detailed property data for Westfield, NJ instantly. ATTOM is your one-stop-shop for the Westfield property reports and real estate data you need in Westfield, NJ.

Westfield Real Estate Market Trends

Get property data for any address in Westfield, NJ or the country:

Total Residential Properties 9,285

Total Commercial Properties 399

Avg. Home Age (Single Family Home) 72 Years

Avg. Square Feet (Single Family Home) 2,562

Total 2024 Residential Sales (year-to-date) 54

% of Homes Seriously Underwater (Q2 2024) 0.5%

Total 2023 Residential Sales 340

% of Equity Rich Homes (Q2 2024) 51.11%

Effective 2023 Property Tax 1.55%

Total Foreclosure Filings (year-to-date) 4

Westfield, NJ Real Estate Overview

There were 368 residential properties sold in the past year in Westfield, NJ. The median home value in Westfield, NJ is $1,033,000. There are a total of 9,285 residential properties in the Westfield.

Median Sales Price i

$1,146,325

(Feb 2024)

+52.8%

year-over-year

y-o-y

February '24 Feb '24 $1,146,325
January '24 Jan '24 $1,170,000
December '23 Dec '23 $1,137,000
November '23 Nov '23 $1,290,000
October '23 Oct '23 $1,235,000
September '23 Sep '23 $1,235,000
August '23 Aug '23 $1,097,550
July '23 Jul '23 $1,265,000
June '23 Jun '23 $1,125,000
May '23 May '23 $912,000
April '23 Apr '23 $840,000
March '23 Mar '23 $976,250

Median Down Payment i

$376,000

(Feb 2024)

+50.4%

year-over-year

y-o-y

February '24 Feb '24 $376,000
January '24 Jan '24 $299,700
December '23 Dec '23 $322,500
November '23 Nov '23 $305,000
October '23 Oct '23 $320,000
September '23 Sep '23 $327,750
August '23 Aug '23 $290,000
July '23 Jul '23 $283,000
June '23 Jun '23 $278,900
May '23 May '23 $273,000
April '23 Apr '23 $210,000
March '23 Mar '23 $288,000

Number of Homes Sold i

28

(Feb 2024)

+180%

year-over-year

y-o-y

February '24 Feb '24 28
January '24 Jan '24 26
December '23 Dec '23 24
November '23 Nov '23 26
October '23 Oct '23 31
September '23 Sep '23 28
August '23 Aug '23 42
July '23 Jul '23 42
June '23 Jun '23 40
May '23 May '23 37
April '23 Apr '23 23
March '23 Mar '23 11

Number of Purchase Loans i

23

(Feb 2024)

+155.6%

year-over-year

y-o-y

February '24 Feb '24 23
January '24 Jan '24 20
December '23 Dec '23 13
November '23 Nov '23 18
October '23 Oct '23 20
September '23 Sep '23 22
August '23 Aug '23 27
July '23 Jul '23 30
June '23 Jun '23 39
May '23 May '23 32
April '23 Apr '23 23
March '23 Mar '23 9

Number of REFI Loans i

9

(Feb 2024)

+80%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 11
December '23 Dec '23 5
November '23 Nov '23 2
October '23 Oct '23 15
September '23 Sep '23 19
August '23 Aug '23 14
July '23 Jul '23 11
June '23 Jun '23 4
May '23 May '23 13
April '23 Apr '23 5
March '23 Mar '23 12

Number of HELOC Loans i

13

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 13
January '24 Jan '24 20
December '23 Dec '23 19
November '23 Nov '23 14
October '23 Oct '23 11
September '23 Sep '23 22
August '23 Aug '23 18
July '23 Jul '23 5
June '23 Jun '23 21
May '23 May '23 19
April '23 Apr '23 12
March '23 Mar '23 20

Westfield, NJ Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

07090
$1,033,000 $403.27/sqft

Westfield, NJ Foreclosure Activity

There were a total of 2 Westfield, NJ properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

+100%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 2
December '23 Dec '23 N/A
November '23 Nov '23 4
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 1
May '23 May '23 4
April '23 Apr '23 3
March '23 Mar '23 2

Foreclosure Starts i

1

(Feb 2024)

February '24 Feb '24 1
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 4
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 2
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 3
March '23 Mar '23 N/A

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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