Mitch's Weekly Market Report
Westfield, IN
Condos/Townhomes
Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
Westfield, IN
Sun Sep 20 2026
This week the median list price for Westfield, IN is $309,900 with the market action index hovering around 30. This is an increase over last month's market action index of 27. Inventory has increased to 21.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has been consistently cool for several weeks. Demand level are low relative to the available inventory. It’s a Buyer’s market and prices have begun moving lower. Look for a persistent shift in Market Action before prices plateau or begin to rise again.
Real-Time Market Profile
| Median List Price | $309,900 | |
| Median Price of New Listings | $374,450 | |
| Per Square Foot | $188 | |
| Average Days on Market | 61 | |
| Median Days on Market | 56 | |
| Price Decreased | 43% | |
| Price Increased | 0% | |
| Relisted | 5% | |
| Inventory | 21 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
The market has been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $440,950 | 2,400 | 0 - 4,500 sqft | 3 | 3 | 6 | 2 | 0 | 59 |
| $369,000 | 1,878 | 0 - 4,500 sqft | 3 | 2.5 | 4 | 0 | 0 | 14 |
| $299,000 | 1,836 | 0 - 4,500 sqft | 2 | 2.5 | 5 | 2 | 0 | 91 |
| $254,900 | 1,276 | 0 - 4,500 sqft | 2 | 1.5 | 5 | 0 | 0 | 84 |