Westwood, MA—02090
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Westwood, MA
As of Oct '25, the median home price in Westwood, MA is $1,202,000, with a year-over-year change of 2.1%. This indicates that home prices in Westwood, MA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,202,000 | 2.1% |
| Single Family | $1,226,000 | 2.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $804,000 | 3.5% |
3 Bed | $982,000 | 2.3% |
4 Bed | $1,350,000 | 2.7% |
| 5 Bed | $1,930,000 | 3.4% |
% of Housing Stock
Rental Trends — Westwood, MA
As of July '25, Rentcast reports the average rent in Westwood, MA is $3,560, with a year-over-year rent change of -2.7%. Per bedroom, the median rent as of July '25 in Westwood, MA is 1-bedrooms: $3,030, 2-bedrooms: $4,020, 3-bedrooms: $4,230, 4-bedrooms: $4,170. The most common rental property sizes in Westwood, MA are 2-bedroom and 1-bedroom, accounting for 47.8% and 43.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,390 | $3,560 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $3,070 | $3,030 |
| 2 Bed Rent | $3,920 | $4,020 |
| 3 Bed Rent | $3,800 | $4,230 |
| 4 Bed Rent | $4,000 | $4,170 |
% of Rental Stock
Property Listings — Westwood, MA
As of Oct '25, Realtor.com reports that the median days on market for a home in Westwood, MA is 36. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,370,000 | -1.0% |
Listing Count | 26 | 0.0% |
| Listings as % of Homes | 0.4% | 0.0% |
Days on Market | 36 | -11.0% |
Demographics — Westwood, MA
As of the latest ACS Survey released in 2023, Westwood, MA has a population of 16,200, which has increased by 2.1% over the past 5 years. Westwood, MA is a popular place for families, as children make up 26.5% of the population. The area has a highly educated workforce, with 71.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,200 | 2.1% |
% Under 18 | 26.5% | 1.9% |
% Seniors | 18.3% | -3.2% |
% WFH | 23.4% | 151.6% |
% w/ College Degree | 71.0% | 1.6% |
As of the latest ACS Survey released in 2023, Westwood, MA is a predominantly white area, with 77.6% of the population identifying as white. The white population has shrunk by 9.9% in the last 5 years. The second most common race or ethnicity in Westwood, MA is asian, making up 10.0% of the population. Foreign-born residents account for 11.8% of the population in Westwood, MA, and this percentage has decreased by 13.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 77.6% | -9.9% |
% Black | 1.6% | 128.6% |
% Hispanic | 5.3% | 130.4% |
% Asian | 10.0% | 20.5% |
% Foreign Born | 11.8% | -13.9% |
Mortgage and Risk — Westwood, MA
According to HUD data as of 2023, there were 275 mortgage originations in Westwood, MA, of which 99.0% of loans were conventional mortgages. The average loan-to-value was 45.0%, with 3.0% above 90% LTV (normal). This implies small mortgage risk in Westwood, MA. Investor activity is low, as 1.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 275 |
% Conventional Loans | 99.0% |
% Government Loans | 1.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Westwood, MA
As of 2024, the percent of homes in Westwood, MA under the Section 8 program is 39.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Westwood, MA, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 285 |
Total Units Section 8 | 285 |
% Rentals under Section 8 | 39.4% |
% Occupied Section 8 | 94.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$510 | $3,070 | $2,560 |
| 2 Bedroom | -$890 | $3,920 | $3,030 |
| 3 Bedroom | -$150 | $3,800 | $3,650 |
| 4 Bedroom | $20 | $4,000 | $4,020 |
Affordability — Westwood, MA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $1,202,000 |
| Median Household Income | $205,000 |