Westfield, Indiana — once the quiet northern neighbor of Indianapolis — is quietly becoming a real estate hotspot. Fueled by rapid suburban growth, booming commercial development, and surging home prices, this city is making waves.
Market Overview: Growth at a Glance
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Strong Home Price Appreciation
Westfield’s median home value has climbed to approximately $456,221 in 2025, marking a 45.7% increase since 2020 and more than doubling since 2010 Home Stratosphere. -
Seller’s Market Strengthening
As of June 2025, the median sold price rose to $469,950, up 6.3% year-over-year. It remains a seller’s market backed by strong demand and fast-moving listings Rocket. -
Sales Data Snapshot
In June 2025, there were 425 active listings (down 7.8% MoM), 122 homes sold, and 35-day average days on market — a 15% faster pace than the previous year Rocket. -
Tight but Slightly Looser Inventory
While still competitive, Westfield’s market shows signs of balance. Listings have ticked up compared to surrounding areas, giving buyers marginally more options HomeGrown Realty - eXp Realty.
What’s Driving the Boom?
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Rapid Population Growth & New Developments
Westfield’s population has grown over 3% annually, with more than 40% of homes built since 2000—bringing fresh demand for both residential and commercial real estate https://talktoannie.com+1. -
Commercial Hotspot
Its strategic location just 20 miles north of Indianapolis along US-31 makes it a commercial hub. Retail, office, and industrial properties are in high demand, reinforced by a 15% rise in commercial values over the past two years https://talktoannie.com. -
Prime Quality of Life & Amenities
Westfield offers safety, modern infrastructure, and family-friendly neighborhoods. It ranks among Indiana’s fastest-growing and safest cities, making it attractive to buyers and investors alike
