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Westfield, IN

Full City Profile · Indiana · Hamilton County County

4.0 /5.0
A Great
51,109 Population 1,566/sq mi density
$119,598 Median Income $59,636 per capita
$391,900 Home Value $464,259 Zillow
$1,526 Median Rent 26.2% income on rent
51°F Avg Temperature 275 sunny days/yr
37 Violent Crime/100K 782 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$119,598 median income, 1.6% unemployment
A+
Affordability
4.8 / 5.0
$391,900 home value, $1,526/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
A+
Education
5.0 / 5.0
60.3% bachelor's degree or higher

Housing Overview

Median Home Value
$391,900
39% above
US avg: $281,900
Median Rent
$1,526/mo
31% above
US avg: $1,163/mo
Homeownership Rate
79.7%
22% above US avg (65.4%)
Total Housing Units
18,635
Median year built: 2006

Home Value by Source

Census Median
$391,900
Zillow (ZHVI)
$464,259
Median Sale Price
$485,000
Median List Price
$510,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.7%
Owner-Occupied
20.3%
Renter-Occupied
80%
20%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $1,526/mo · Zillow rent: $1,856/mo

Market Indicators (Redfin)

Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
77
Price Drops
27.8%
of listings with price reduction
Price Per Sq Ft
$193
Active Inventory
212
homes for sale

Affordability & Housing Stock

Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
2006
Average age of housing stock: 20 years
Homeownership Rate
79.7%

Complete Housing Data

Home Values

Census Median Value$391,900
Zillow Home Value (ZHVI)$464,259
Median Sale Price$485,000
Median List Price$510,000
Price Per Sq Ft$193

Rent

Census Median Rent$1,526
Zillow Rent (ZORI)$1,856
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Days on Market69
Sale-to-List Ratio1.0%
Price Drops27.8%
Homes Sold77
Active Inventory212
Price Per Sq Ft$193

Ownership & Stock

Owner-Occupied79.7%
Renter-Occupied20.3%
Homeownership Rate79.7%
Total Housing Units18,635
Median Year Built2006
Rent Burden26.2%