Westfield, IN Real Estate
According to census data in the year 2000 there were 3,619 housing units in Westfield.
This represents a 175.8% growth from 1,312 in 1990.
Of those housing units, 3,564 were located in either urbanized areas or urban clusters, and 55 were located in what is classified as a rural area.
Homeownership rate in Westfield is about 70.5%.
Westfield's vacancy rate, including seasonal lodging, is about 6.5%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Westfield were built after 1992.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 12.50% |
| Two Bedrooms | 23.50% |
| Three Bedrooms | 39.40% |
| Four Bedrooms | 21% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.8 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $133,100 |
| Median Price asked for vacant units | $161,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.24 |
| Median year structure was built | 1990 |
| Median Monthly Rent asked for vacant units | $590 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 13.60% |
| Simple Mortgage | 71.60% |
| Debt Free | 8.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.6% |
