Foreclosure Homes in Westfield, IL 62474

Current Market Conditions in Westfield, IL

The current real estate market in Westfield is showing signs of steady growth, with increasing interest in single-family homes as more people seek suburban living. Homebuyers are drawn to Westfield's affordability compared to larger cities, making it an attractive option for first-time buyers and investors.

With the recent demand, home prices in Westfield have seen a gradual increase, reflecting an average appreciation of 5-7% over the last year. The market remains competitive, yet homes are still accessible compared to neighboring towns.

Rent Prices In Westfield, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Westfield, IL, is on a rollercoaster ride. The average rent price in Westfield, IL, is $984.00. Indeed, when looking to rent in Westfield, IL, you can expect to pay as little as $440.00 or as much as $2,000.00, with the average rent median estimated to be $910.00. The good news is that finding an affordable and desirable property to rent in Westfield, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.