Westfield, MA Home Values & Market Trends
Real estate market trends reflect that there have been 426 transactions over the past year in Westfield. The median value for residential home transactions that occurred over the previous year is $335,151.86. The number of current listings in Westfield is 14, and the percentage of properties for sale in the city is 14.00%. Westfield, MA currently has 28 properties in foreclosure, 3 bank owned properties, 2 properties headed for auction, and 14 properties for sale.
Westfield, MA Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 01085 | $ 339,479 $ 195/sqft |
Housing Market Summary for Westfield, MA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $277.4K | $328K | 18.20% |
| Median Sold Price | $282.9K | $328K | 15.93% |
| Homes For Sale | 16 | 13 | -18.75% |
| Homes Sold | 228 | 221 | -3.07% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Westfield, MA
Browse Homes in Westfield, MA
Westfield home values range from $46,327 to $2,021,189. The median estimated value of a home in Westfield is $335,151.86. The median list price of a home is 284,999.5, and the total count of properties in the city is 11,411.
- Pre-ForeclosurePre-foreclosure homes account for 0.20% of all residential properties in Westfield, MA with 01085 containing 23 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Westfield, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $572,497 in 01085 to the lowest home value of $173,281 in 01085.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Westfield, MA ranges from the highest value of $464,750 in 01085 to the lowest value of $309,306 in 01085. Bank owned homes and properties account for 0.03% of properties in Westfield, MA. There is 1 zips within Westfield, MA; 01085 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions01085 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Westfield, MA. Auction homes and other auction properties account for 0.02% of all properties in Westfield, MA. There is 1 zips within Westfield, MA; of that zips, the median estimated home value for homes going to auction ranges from $264,703 in 01085 to the lowest value of $238,455 in 01085.
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Guide for Westfield, MA
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