Westfield, Union County, NJ Housing Trends, Rent, Price-to-Rent

Market Summary

Westfield, Union County, NJ

Median Home Price Price

$1,164,767 $1.2M

Median Monthly Rent Rent

$2,995 $3K

GRM

32.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Westfield, NJ is $2,995, with MoM change +$34 and YoY change +$296 pointing to positive momentum while volatility is low (std $78).

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Metric

Base market Westfield, NJ

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Delta vs base

Median rent

$2,995

N/A

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Median price

$1,164,767

N/A

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YoY change

+$296

N/A

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Price-to-rent

32.4x

Data unavailable

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