Westland, MI48185

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$220,000
3.7% YoY Growth
Median Household Income
$59,100
25.2% 5-Year Growth
Days on Market
34
14.0% Longer than last year
Home Price Forecast
0.9%
Median Rent
$1,250
11.4% YoY Growth
1-Bed Rent
$1,050
1.9% YoY Growth
2-Bed Rent
$1,290
2.9% YoY Growth
3-Bed Rent
$1,950
14.3% YoY Growth

Other Zip Codes in Westland, MI

Property Listings — Westland, MI

As of Oct '25, Realtor.com reports that the median days on market for a home in Westland, MI is 34. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer 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.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$230,0004.0%
Listing Count
11326.0%
Listings as % of Homes0.2%26.0%
Days on Market
3414.0%
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Demographics — Westland, MI

As of the latest ACS Survey released in 2023, Westland, MI has a population of 48,400, which has remained stable by 1.0% over the past 5 years. Westland, MI is a moderately popular place for families, as children make up 18.7% of the population. The area has a poorly educated workforce, with 23.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
48,4001.0%
% Under 18
18.7%0.0%
% Seniors
19.1%1.1%
% WFH
10.7%529.4%
% w/ College Degree
23.4%0.4%
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As of the latest ACS Survey released in 2023, Westland, MI is a predominantly white area, with 62.6% of the population identifying as white. The white population has shrunk by 10.7% in the last 5 years. The second most common race or ethnicity in Westland, MI is black, making up 22.1% of the population. Foreign-born residents account for 10.7% of the population in Westland, MI, and this percentage has increased by 5.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
62.6%-10.7%
% Black
22.1%21.4%
% Hispanic
4.5%36.4%
% Asian
5.2%-11.9%
% Foreign Born
10.7%5.9%
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Mortgage and Risk — Westland, MI

According to HUD data as of 2023, there were 739 mortgage originations in Westland, MI, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Westland, MI. Investor activity is low, as 1.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
739
% Conventional Loans
81.0%
% Government Loans
19.0%
% Investor Loans
1.0%
% Second Loans
0.0%
% Cash Out Refinance
15.0%

Loan Activity

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Rentals and Section 8 — Westland, MI

As of 2024, the percent of homes in Westland, MI under the Section 8 program is 10.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Westland, MI, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
972
Total Units Section 8
972
% Rentals under Section 8
10.0%
% Occupied Section 8
92.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$30$1,050$1,080
2 Bedroom$70$1,290$1,360
3 Bedroom-$280$1,950$1,670
4 Bedroom-$200$2,000$1,800

Affordability — Westland, MI

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.3
Median Home Price$220,000
Median Household Income$59,100

Westland, MI — ZIP Code Boundary Map

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Frequently Asked Questions