Is Westfield, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Westfield is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Westfield was a Seller's Market.

Key Takeaway

Westfield is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Westfield, WI

How much do homes in Westfield, WI cost?

Median Sold Price

$160,000

$193/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$267,500(-62.6%)

Key Takeaway

Homes in Westfield have sold for 62.6% less than they did a month ago.

Summary: The median home sold price in Westfield was $160,000 in October 2024, down 62.6% from last month, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$160K
N/A
2 $163K-
N/A
3 $530K-
N/A
4 $585K-
N/A
5+ --
N/A

Summary: Westfield housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Westfield, WI

How many homes are available in Westfield, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1617+6.3%

Summary: The Westfield real estate market had 17 homes for sale in October 2024, a 6.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 65
-16.7%
3 47
+75.0%
4 32
-33.3%
5+ 11
0.0%

Summary: The Westfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 75%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
62-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Westfield, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Westfield in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Westfield, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Westfield, WI

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