Is Westfield, IL 62474 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Westfield is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list97.1%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$70

The Westfield housing market right now

In the three months ending August 31, 2026, 50% of homes in Westfield, IL 62474 sold above their list price and the typical home went under contract in 18 days. With only 2 sales, these figures can swing a lot from month to month.

Nearby, buyers who want less competition could look at West Union 62477 (0% sold over asking) or Marshall 62441 (27% sold over asking).

Nearby markets

Casey 62420Balanced $124 /sq ftDennison 62423 — /sq ftMarshall 62441Seller’s market $147 /sq ftMartinsville 62442 — /sq ft Browse all markets →

Where Westfield is

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Questions about Westfield real estate

How fast do homes sell in Westfield?

The typical home went under contract in 18 days in the latest three months.

Do homes in Westfield sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.

What are property taxes in Westfield?

About 1.56% of a home’s value a year in Clark County, or roughly $6,240 on a $400,000 home.

What is the median home price in Westfield?

The median sale price was $84,963 in the three months ending August 31, 2026, about $70 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