Westfield, NY 14787 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Westfield, NY—14787

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$172,000

0.0% YoY Growth

Household Income

$47,700

5.8% YoY Growth

Days on Market

22.0% Shorter YoY

Home Price Forecast

3.4%

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Westfield, NY

As of Dec '25, the median home price in Westfield, NY is $172,000, with a year-over-year change of 0.0%. This indicates that home prices in Westfield, NY are flat. According to Zillow, the 1-year price projection is 3.4%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$172,000	0.0%
Single Family	$173,000	0.0%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Westfield, NY

Westfield, NY lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	N/A	N/A
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

Loading chart...

% of Rental Stock

1 Bedroom

45.1%

2 Bedrooms

20.8%

3 Bedrooms

15.3%

4 Bedrooms

18.8%

Property Listings — Westfield, NY

As of Dec '25, Realtor.com reports that the median days on market for a home in Westfield, NY is 72. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$175,000	2.0%
Listing Count	12	-21.0%
Listings as % of Homes	0.5%	-21.0%
Days on Market	58	-22.0%

Loading chart...

Demographics — Westfield, NY

As of the latest ACS Survey released in 2023, Westfield, NY has a population of 4,860, which has increased by 2.6% over the past 5 years. Westfield, NY is a moderately popular place for families, as children make up 21.0% of the population. The area has a moderately educated workforce, with 29.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	4,860	2.6%
% Under 18	21.0%	14.8%
% Seniors	23.5%	-6.4%
% WFH	8.0%	-38.9%
% w/ College Degree	29.0%	15.5%

Loading chart...

As of the latest ACS Survey released in 2023, Westfield, NY is a predominantly white area, with 94.0% of the population identifying as white. The white population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Westfield, NY is asian, making up 3.1% of the population. Foreign-born residents account for 2.3% of the population in Westfield, NY, and this percentage has decreased by 45.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	94.0%	2.8%
% Black	0.2%	∞%
% Hispanic	2.3%	-62.3%
% Asian	3.1%	24.0%
% Foreign Born	2.3%	-45.2%

Loading chart...

Mortgage and Risk — Westfield, NY

According to HUD data as of 2023, there were 65 mortgage originations in Westfield, NY, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Westfield, NY. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	65
% Conventional Loans	89.0%
% Government Loans	11.0%
% Investor Loans	0.0%
% Second Loans	6.0%
% Cash Out Refinance	12.0%

Loading chart...

Rentals and Section 8 — Westfield, NY

Westfield, NY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	15
Total Units Section 8	14
% Rentals under Section 8	N/A
% Occupied Section 8	90.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$720
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,210
4 Bedroom	N/A	N/A	$1,240

Westfield, NY—14787

Key Metrics at a Glance

Home Price Trends — Westfield, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westfield, NY

% of Rental Stock

Property Listings — Westfield, NY

Demographics — Westfield, NY

Race and Ethnicity

Mortgage and Risk — Westfield, NY

Mortgages

Rentals and Section 8 — Westfield, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Westfield, NY

Home Price to Income Ratio

Westfield, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Mayville, NY

Portland, NY

Chautauqua

Brocton, NY

Ripley, NY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.3
Median Home Price	$172,000
Median Household Income	$47,700

Westfield, NY—14787

Key Metrics at a Glance

Home Price Trends — Westfield, NY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Westfield, NY

% of Rental Stock

Property Listings — Westfield, NY

Demographics — Westfield, NY

Race and Ethnicity

Mortgage and Risk — Westfield, NY

Mortgages

Rentals and Section 8 — Westfield, NY

Section 8 Market Size

Section 8 Opportunity

Affordability — Westfield, NY

Home Price to Income Ratio

Westfield, NY — ZIP Code Boundary Map

Nearby ZIP Codes

Mayville, NY

Portland, NY

Chautauqua

Brocton, NY

Ripley, NY

Frequently Asked Questions

What is the average home price in Westfield, NY 14787?

How have home prices in Westfield, NY 14787 changed over the past year?

What is the home price projection for Westfield, NY 14787?

What are the demographics of Westfield, NY 14787?

How long does it take homes to sell in Westfield, NY 14787?

What is the average rent price in Westfield, NY 14787?