Westfield, Indiana.
Typical home $475,645 (+3.2% in a year), asking rent $1,922 (+5.5%). Indianapolis-Carmel-Anderson, IN metro.
to buy the typical home at today's mortgage rate — +$1,365 (+121%) since Jan 2020.
- 1 year
- Up $14,587 +3%
- $461,058$475,645 since Sep 2025
- 5 years
- Up $93,596 +24%
- $382,049$475,645 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Westfield$2,497
- Indiana$1,350
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 16 years.
Typical home values in Westfield, IN rose 3.2% over the past year — faster than the nation's +1.2%.
Asking rents in Westfield, IN rose 5.5% over the past year — faster than the nation's +2.7%.
Owning the typical home in Westfield runs $1,431/mo more than renting one. The gap peaked at $1,515 in Oct 2023.
That is $3,353 a month against $1,922 rent: a $2,497 mortgage payment, plus $347 property tax and $509 insurance & upkeep.
Owning vs renting — Westfield
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,353
- Renting$1,922
- Mortgage only$2,497
Property tax · $347/mo 0.88% of value a year — the ACS 2020-2024 median bill over the median home value for Hamilton County, IN
Insurance & upkeep · $509/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Westfield, Hamilton County, Indiana
Westfield is a city of 46,410 people in Hamilton County. Half its households earn more than $122,789 a year and half less, against $121,530 across Hamilton County; 4% of its people live below the poverty line. 80% of its homes are lived in by their owners and 20% are rented. Unemployment in Westfield was 2.8% in August 2026, and Hamilton County had 2.4% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Westfield is a city in Hamilton County, north of Indianapolis, with a population that has grown into a good-sized city. Households here earn a little more than across the county, and very few people live below the poverty line. Most homes are lived in by their owners, and a large majority of adults hold a four-year degree. Winters are cold, with January the coldest month, and summers are warm, with July the warmest. Rain and melted snow add up to a fairly wet year.
Work. Many residents work in schools, hospitals and social care, followed by professional and business services, manufacturing and retail. Westfield-Washington Schools is the largest workplace in town, and Abbott, which makes surgical and medical instruments, is another of the biggest. Unemployment is low and has dipped slightly over the past year, and across Hamilton County there are more jobs than a year earlier. A typical commute is a moderate one, and a good number of people work from home.
Things to do. The best known places nearby are in Indianapolis, each a longer drive away. Indianapolis Motor Speedway is the famous race track, and The Children's Museum of Indianapolis is a museum that suits visits with grandchildren. Eagle Creek Park offers green space for a day outdoors, and the Indianapolis Zoo is another option for a family outing.
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- 20,984households
- 60%of adults have a degree
- 4%below the poverty line
- 25 mintypical commute
- 21%work from home
What residents work in
Employed residents by industry, from the Census survey. Hamilton County had 167,841 jobs in 2025, 2.4% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 34° and lows near 19°; warmest in July, with highs near 84° and lows near 64°. About 44 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Carmel East weather station, 7 miles away (NOAA).
Largest employers in Westfield
- Immi680
- Abbott Labs261
- Hittle Landscaping175
- Browning Chapman151
- Custom Concrete150
- Standard Locknut LLC150
- SEP150
- LINC Systems LLC125
From the City of Westfield’s annual financial report for 2024, its schedule of principal employers (its source: “Westfield Economic Development”), as Indiana’s State Board of Accounts publishes it: the report. Employees as the report counts them.
Natural hazards
- TornadoesRelatively high
- HailRelatively moderate
- Winter weatherrelatively high in parts of WestfieldRelatively moderate
- Cold wavesRelatively moderate
- Strong windRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Westfield’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Hamilton County and the Indianapolis-Carmel-Anderson, IN metro.
Westfield home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Westfield$475,645
- Indiana$257,165
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Westfield listings, and the typical home goes pending in 13 days — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Westfield34.62%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Westfield13
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Westfield234
New listings per month
Sellers arriving at the market.
- Westfield98
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Westfield$489,267
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Westfield99.44%
Zip codes with a Westfield address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Westfield — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.