Is Westfield, IA 51062 a buyer’s or seller’s market?
Westfield is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Westfield housing market right now
In the three months ending August 31, 2026, 0% of homes in Westfield, IA 51062 sold above their list price, the typical home went under contract in 26 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Within Plymouth County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Akron 51001 (38% sold over asking) and Sioux City 51108 (22% sold over asking) are even more competitive.
Run the numbers for 51062
Nearby markets
Akron 51001Seller’s market $119 /sq ftHinton 51024Seller’s market $185 /sq ftKingsley 51028Buyer’s market $202 /sq ftLe Mars 51031Seller’s market $145 /sq ft Browse all markets →Where Westfield is
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Questions about Westfield real estate
Is Westfield a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Westfield, IA 51062 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Westfield?
The typical home went under contract in 26 days in the latest three months.
Do homes in Westfield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.3% of the list price.
What are property taxes in Westfield?
About 1.07% of a home’s value a year in Plymouth County, or roughly $4,280 on a $400,000 home.
What is the median home price in Westfield?
The median sale price was $329,857 in the three months ending August 31, 2026, about $145 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology