51062, Westfield, IA

Westfield, IA is located in Polk County and has a population of just over 10,000. The median household income in the zip code is just over $75,000 and the median home value is just over $225,000. Westfield has seen a steady increase in home equity values over the past several years, with prices reaching their highest point in 2017.

There are a number of factors that have contributed to this trend. First, Westfield is located in one of Iowa’s fastest-growing counties and has seen an influx of new residents who are looking for affordable housing. Second, the local economy continues to grow steadily and there is strong demand for homes across all price ranges. Finally, Westfield homeowners have benefited from low interest rates which have helped to increase their home equity values even further.

While prices in Westfield are high by national standards, they remain relatively affordable when compared to other areas of Polk County. In fact, according to Zillow’s 2018 Home Value Index report, the median home value in Westfield is only 2% above the statewide median home value. This means that there is still plenty of room for prices to continue rising if buyers feel confident about securing a property on the market.