Westfield, New Jersey.
Typical home $1,304,711 (+10.0% in a year), asking rent $2,973 (+3.1%). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$3,955 (+137%) since Jan 2020.
- 1 year
- Up $118,816 +10%
- $1,185,896$1,304,711 since Sep 2025
- 5 years
- Up $398,866 +44%
- $905,845$1,304,711 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$6,848
- New Jersey$3,019
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 9 years.
Typical home values in Westfield, NJ rose 10.0% over the past year — faster than the nation's +1.2%.
Asking rents in Westfield, NJ rose 3.1% over the past year — faster than the nation's +2.7%.
Owning the typical home in Westfield runs $7,327/mo more than renting one — the widest that gap has been in this data.
That is $10,300 a month against $2,973 rent: a $6,848 mortgage payment, plus $2,055 property tax and $1,397 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$10,300
- Renting$2,973
- Mortgage only$6,848
Property tax · $2,055/mo 1.89% of value a year — the ACS 2020-2024 median bill over the median home value for Union County, NJ
Insurance & upkeep · $1,397/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, Union County, New Jersey
Westfield is a town of 31,032 people in Union County. Half its households earn more than $232,629 a year and half less, against $103,202 across Union County; 2% of its people live below the poverty line. 81% of its homes are lived in by their owners and 19% are rented. Unemployment in Westfield was 3.4% in August 2026, and Union County had 1.1% more jobs in 2025 than the year before. The most residents work in finance and property, 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 town in Union County where most homes are lived in by their owners, and far more so than across the county as a whole. Household incomes run well above the county's, and very few residents live below the poverty line. Most adults hold a four-year degree, and the typical age is in the middle years rather than especially young or old. Homes and rents are both costly. Winters are cold, with January highs a little above freezing and lows well below it, and a fair amount of snow falls each year. Summers are warm, and rain and melted snow add up to a good deal over the year.
Work. Residents work mostly in banks, insurance and property, in professional and business services, in schools, hospitals and social care, and in manufacturing. Among the largest workplaces in Westfield are the Westfield Public School District, Complete Care at Westfield and Trader Joe's. Unemployment is lower than it was a year ago, and Union County has added a few more jobs than the year before. The typical commute is long, and a good share of residents work from home.
Things to do. New York's best-known sights are a longer drive away. They include the Statue of Liberty, a tourist attraction, and Central Park, a garden. The Metropolitan Museum of Art is a museum, and Coney Island is a beach. For a day out, the museums and the river along the Hudson give plenty of choice.
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- 10,900households
- 78%of adults have a degree
- 2%below the poverty line
- 37 mintypical commute
- 34%work from home
What residents work in
Employed residents by industry, from the Census survey. Union County had 231,428 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 40° and lows near 25°; warmest in July, with highs near 86° and lows near 68°. About 26 inches of snow and 50 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Cranford weather station, 2 miles away (NOAA).
Largest workplaces in Westfield
- Westfield Public School DistrictSchool district920FTE
- Union County Educational Services Commission SchoolsSchool district607FTE
- Complete Care at WestfieldSkilled nursing facilities198
- Trader Joe's 0601 WestfieldGrocery store160
- Ayka LogisticsExpress delivery services92
- Community Options Ent Union CountyResidential intellectual and developmental disability facilities82
- Stop & ShopGrocery stores67
- WestfieldMail and parcel delivery53
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 9 workplaces with 20 or more staff, 753 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- Strong windRelatively high
- Ice stormsRelatively moderate
- Inland floodingrelatively high in parts of WestfieldRelatively moderate
- LightningRelatively moderate
- Heat wavesRelatively 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 Union County and the New York-Newark-Jersey City, NY-NJ-PA 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$1,304,711
- New Jersey$575,123
- 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 6 Westfield listings, and the typical home goes pending in 17 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.
- Westfield18.03%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Westfield17
- United States21
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Westfield55
New listings per month
Sellers arriving at the market.
- Westfield22
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Westfield$1,352,998
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Westfield110.65%
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.