Westfield, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Westfield short-term rental market based on reliable data.

Listings

37 / 63

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$22,272

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$168,359

Median Home Sale Price

Top Earners

$54,303

Top-Earners Revenue

Westfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Westfield.

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B

Generally Investor friendly

Westfield Regulations

STRs are permitted citywide with no municipal permitting, caps, or substantial fees today; investors must follow standard housing/zoning, comply with health/safety standards, collect New York’s 4% occupancy tax, and verify any Chautauqua County permit requirements. Regulations are under active consideration, so monitoring for future changes is advised, but the current environment is manageable and investor-friendly.

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About Westfield

Westfield is a town in the western part of Chautauqua County, New York, United States. The population was 4,513 at the 2020 census. Westfield is also the name of a village within the town, containing 65% of the town's population. This unique town is accompanied by vineyards, gorges and historical buildings.

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