Westland, MI—48186
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Westland, MI
Home Price Trends — Westland, MI
As of Oct '25, the median home price in Westland, MI is $195,000, with a year-over-year change of 3.5%. This indicates that home prices in Westland, MI are increasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $195,000 | 3.5% |
| Single Family | $195,000 | 3.2% |
| Condos | $167,000 | 0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $117,000 | -0.8% |
3 Bed | $208,000 | 3.0% |
4 Bed | $259,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Westland, MI
As of July '25, Rentcast reports the average rent in Westland, MI is $1,400, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Westland, MI is 1-bedrooms: $1,020, 2-bedrooms: $1,100, 3-bedrooms: $1,560, 4-bedrooms: $2,050. The most common rental property sizes in Westland, MI are 2-bedroom and 3-bedroom, accounting for 37.3% and 32.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $975 | $1,020 |
| 2 Bed Rent | $1,100 | $1,100 |
| 3 Bed Rent | $1,540 | $1,560 |
| 4 Bed Rent | $1,700 | $2,050 |
% of Rental Stock
Property Listings — Westland, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Westland, MI is 33. This is a increase of 2.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $192,000 | 0.0% |
Listing Count | 96 | -2.0% |
| Listings as % of Homes | 0.3% | -2.0% |
Days on Market | 33 | 2.0% |
Demographics — Westland, MI
As of the latest ACS Survey released in 2023, Westland, MI has a population of 35,800, which has increased by 4.5% over the past 5 years. Westland, MI is a moderately popular place for families, as children make up 23.0% of the population. The area has a poorly educated workforce, with 19.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,800 | 4.5% |
% Under 18 | 23.0% | 3.6% |
% Seniors | 14.2% | 4.4% |
% WFH | 7.6% | 137.5% |
% w/ College Degree | 19.1% | 10.4% |
As of the latest ACS Survey released in 2023, Westland, MI is a predominantly white area, with 61.3% of the population identifying as white. The white population has shrunk by 14.1% in the last 5 years. The second most common race or ethnicity in Westland, MI is black, making up 23.3% of the population. Foreign-born residents account for 7.1% of the population in Westland, MI, and this percentage has increased by 22.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.3% | -14.1% |
% Black | 23.3% | 19.5% |
% Hispanic | 5.5% | 25.0% |
% Asian | 1.9% | -24.0% |
% Foreign Born | 7.1% | 22.4% |
Mortgage and Risk — Westland, MI
According to HUD data as of 2023, there were 625 mortgage originations in Westland, MI, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 43.0% 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. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 625 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 18.0% |
Loan Activity
Rentals and Section 8 — Westland, MI
As of 2024, the percent of homes in Westland, MI under the Section 8 program is 10.6%. 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. In Westland, MI, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 498 |
Total Units Section 8 | 443 |
% Rentals under Section 8 | 10.6% |
% Occupied Section 8 | 91.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $75 | $975 | $1,050 |
| 2 Bedroom | $230 | $1,100 | $1,330 |
| 3 Bedroom | $90 | $1,540 | $1,630 |
| 4 Bedroom | $60 | $1,700 | $1,760 |
Affordability — Westland, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $195,000 |
| Median Household Income | $67,200 |