The median home in Westfield, New Jersey is valued at $1,226,968, up 6.7% year over year. Typical monthly rent is $3,012, producing a price-to-rent ratio of 33.9x — well above the national average of 18x. Westfield is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: New York-Newark-Jersey City, NY-NJ-PA stress score, crash risk, and 12-month forecast →

Home Value$1,226,968

+6.7%

Rent$3,012/mo

AFFORDABILITY

Enter your income for Westfield.

Income (annual)

Down Payment

$245,394 on $1,226,968

Out of reach — 141.5% of income

Need $379,114/yr to afford.

PITI$8,846

P/I141.5%

Afford$243K

Gap-$984K

P&I $6,204Tax $2,526Ins $117

Renting $5,834/mo cheaper ($3,012 rent)6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in New Jersey

Compare Westfield with other housing markets across New Jersey.

Deal$4213K Alpine$2955K Loch Arbour$2880K Avalon$2630K Stone Harbor$2477K Bay Head$2362K Sea Girt$2305K Short Hills$2258K

Full New York-Newark-Jersey City, NY-NJ-PA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the New York-Newark-Jersey City, NY-NJ-PA metro.

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WESTFIELD, NJ